IO PHOENIX ONE, LLC

NTT is advancing a speculative data center project in Phoenix, Arizona, further fueling the metro's ongoing data center boom, as reported by CoStar. The fact that NTT is building on a speculative basis — without a pre-committed tenant — signals strong confidence in Phoenix's demand fundamentals and the company's willingness to invest ahead of leasing. Phoenix continues to be one of the most active US data center markets. For BD professionals, this is a high-value signal: NTT will need infrastructure, power, cooling, and connectivity suppliers as construction advances. High urgency given the project is actively moving forward.

Prime Data Centers has broken ground on three out of five buildings at its 250MW data center campus in Phoenix, Arizona. The three buildings under construction have already been pre-leased to a leading hyperscaler, indicating strong demand and committed tenancy. Prime Data Centers is a relatively small, emerging developer operating in the competitive Phoenix market, a major data center hub. This project represents a significant scale-up for Prime and signals an opportunity for infrastructure vendors, contractors, and service providers to engage during the active construction phase. With pre-leasing already secured for three buildings and two more planned, outreach to Prime's development team should be treated as time-sensitive.

O'Leary Digital is developing the Thistle Data Center Campus in Phoenix, Arizona, with architectural design by Gensler featuring distinctive Corten (weathering) steel elements. The project appears to be in the planning or design phase, as Gensler has released renderings of the campus. O'Leary Digital is described as a development firm, suggesting it is a relatively new or smaller player in the data center space rather than a major incumbent. Phoenix remains one of the hottest data center markets in the US, making this a notable project for vendors and service providers targeting the region. Given the early design stage, there is a window for BD teams to engage on construction, MEP, and infrastructure procurement opportunities.

Rosendin, the largest employee-owned electrical contractor in the US, is actively recruiting a Senior Project Manager for data center projects in the Phoenix metro area (Tempe, AZ). This hiring signal points to Rosendin expanding its data center construction capacity in one of the nation's hottest markets for hyperscale and enterprise builds. With over 8,000 employees and a century-long track record, Rosendin's investment in senior-level talent underscores the sustained demand for skilled electrical contractors amid the Phoenix data center boom.