Satellite imagery confirms that construction on the Vantage Data Centers Reno Campus began in May 2025, despite recent headlines only now highlighting the project. The $3 billion campus will feature four buildings with a total planned capacity of 224 MW of critical IT load. The first phase, delivering 56 MW, is estimated by Aterio to be activated by Q1 2026. Notably, the first two buildings are already pre-leased, signaling strong demand for this development.