Core Scientific

Core Scientific has two air permits in process with Georgia's Environmental Protection Division for data center sites in Dalton, Georgia. The permits indicate active development planning for the local facilities. The project is currently in the permitting stage. GCs, subcontractors, and MEP vendors should monitor permit progress for upcoming construction opportunities in the Dalton market.

A high-density data center project known as Dalton 1 & 2 is being developed in Dalton, Georgia, on a 5-acre site totaling 52,000 square feet. The facility is strategically positioned between the Chattanooga, Nashville, and Atlanta data center markets, suggesting it aims to serve as a regional connectivity hub. The developer or operator has not been clearly identified from the available information, and no general contractor or contract value has been disclosed. For BD professionals, this project represents an emerging opportunity in a secondary market that bridges three major metro areas, potentially creating demand for power, cooling, and infrastructure services. The project appears to be in early marketing or development stages, so outreach should begin soon to establish relationships before vendor selections are finalized.

Core Scientific reported a $347.2 million Q1 loss while selling 2,385 bitcoin for $208.3 million to fund capital expenditures. The company closed a $3.3 billion senior secured notes offering to finance AI data center development and repay a $1 billion term loan. Colocation revenue surged to $77.5 million, becoming its largest business line, while crypto mining revenue fell to $30.1 million. Core Scientific operates 10 data centers across seven U.S. states with approximately 1.9 GW of gross utility power capacity. Its CoreWeave contract expanded to 590 MW across six sites, projecting $10.2 billion in revenue over 12 years.

Core Scientific filed an air quality permit for data center expansion at 8171 Jim Christal Road in Denton, Texas. The project expands their existing facility at this location.

# Core Scientific Data Center Activity Signal Core Scientific is developing a new data center project in Hunt County, Texas, positioning itself as both developer and operator in a market increasingly attractive to compute-intensive workloads. While specific capacity and financial details remain undisclosed, Core Scientific's direct entry into Hunt County—a region with competitive power costs and available land—indicates the company is expanding beyond its existing footprint without traditional third-party general contractor involvement. This self-developed approach suggests Core Scientific is moving toward vertically integrated infrastructure ownership rather than relying on external build partnerships, a shift that typically indicates confidence in both site economics and near-term demand. The company's presence in Hunt County is notable given the region's emerging status as a secondary data center hub competing with established Texas markets like Dallas and Houston. For infrastructure vendors and power providers, Core Scientific's expansion signals growing demand from hyperscale and AI-compute operators in lower-cost Texas markets outside major metros.