Edged tops out two buildings at its Council Bluffs campus
Edged announced the topping out of OMA01-1 and OMA01-2 at its 200MW Council Bluffs campus. The milestone marks completion of the buildings' structural framework, with work continuing into subsequent construction phases.
All news & analysisDevelopment & PowerCouncil Bluffs, Iowa, in the Omaha marketUnder construction
The disclosure and our analysis
What happened in Council Bluffs
Edged's September 11 announcement reports completion of the structural framework for OMA01-1 and OMA01-2. The buildings form part of a campus planned for up to 200 MW in Council Bluffs, Iowa, within the Omaha-Council Bluffs corridor. The release identifies Turner Construction Company and Jacobs among the project participants. It describes construction moving into subsequent phases, without supplying a customer service commencement date. Source 1 is the operator's announcement.
Which market does this belong to?
The location is relevant to companies evaluating the Omaha area and western Iowa. The state label alone is not a sufficient basis for comparing sites. Our recommendation is to assess this project against the buyer's actual network, staffing and application requirements rather than assume all Iowa facilities serve the same needs. An Iowa market guide is useful background, but it should not obscure the campus's specific Council Bluffs location.
Our analysis: what topping out tells a buyer
A completed structure is a useful signal of physical progress. In a procurement process, we would record it as a dated construction milestone and then ask the operator for evidence of the next steps needed for customer service. The practical questions concern electrical delivery, mechanical systems, testing, customer fitout and acceptance. This is a diligence framework, not a claim that any particular remaining component at this campus is late or incomplete.
A buyer should ask for a building-specific timeline rather than rely on a campus milestone. Which building would host the proposed deployment? What capacity would be committed at initial acceptance? Would a later expansion use the same electrical and cooling systems? Those questions connect a construction update to the scope of an actual offer.
How to interpret the campus capacity figure
The announced 200 MW describes the campus plan. It should not be copied into a spreadsheet as vacant capacity. We would request the provider's definition of the figure, the allocation across phases, and the amount that could actually be reserved for the buyer. The answer should distinguish total development capacity, customer commitments and the proposed service offering.
For a company seeking space, the useful output is a dated proposal for a defined power block and delivery window. Comparing that proposal with alternatives requires consistent assumptions about redundancy, rack density, cooling, network access and expansion rights. A large campus headline does not answer those individual procurement questions, even when construction progress is well documented.
What to watch next
The next useful updates would identify building commissioning, utility energization, customer acceptance or a specific opening date. We would also look for an explicit leasing announcement if the question is availability for new customers. Those events would justify changing the project's status in a market comparison.
Until then, this announcement belongs in a buyer's development watchlist. It can help identify an operator to contact and a location to investigate, but the sourcing decision should rest on current commercial terms and delivery evidence. Colocation Scout's role is to connect the public milestone with those follow-up questions before a buyer commits to a site.
What remains unknown
The announcement does not disclose customer names, lease rates, uncommitted capacity, building-level megawatt allocations or a firm opening date. Its description of the campus as on track is the operator's statement. It does not establish that the full campus is energized, commissioned or ready for occupancy.
Alliant Energy said on October 29, 2026 that its Iowa and Wisconsin utilities, Interstate Power and Light (IPL) and Wisconsin Power and Light (WPL), have 3.4 gigawatts of contracted demand from data centers, and it raised its 2027 to 2030 capital expenditure forecast by 19% to $15.9 billion. Its quarterly report, filed October 30, 2026, adds that WPL has asked Wisconsin regulators to approve a large load tariff requiring a 15 year initial service term for customers of 100 MW or more, and that IPL filed in October 2026 for Iowa approval of an individual customer rate for another data center. The 3.4 GW is contracted demand, not critical IT load. [Source 1] [Source 2]
Interstate Power and Light (Iowa) and Wisconsin Power and Light (Wisconsin) service territories; specific sites not disclosed · Contracted demand of 3.4 GW (utility contracted demand, not IT load) as of October 29, 2026. WPL individual customer rate Approved by the PSCW in June 2026 with conditions; WPL large load tariff (15 year term, 100 MW threshold) Proposed September 2026, decision expected first half of 2027; IPL individual customer rate Proposed October 2026, decision expected first quarter of 2027.
A Texas Department of Licensing and Regulation (TDLR) filing created October 27, 2026 registers Clocktower NWB 05, a single story data center building with an office component of 288,355 square feet at 4628 Four Corners Road, Quanah, in Hardeman County. The owner is listed as 19000-200 Holdings, LLC of Dallas. The registration lists an estimated cost of $8,000,000,000 and construction from November 1, 2026 to December 31, 2028. No tenant is assigned. [Source 1]
4628 Four Corners Road, Quanah, Hardeman County, Texas · Proposed (TDLR accessibility registration created October 27, 2026; listed construction November 1, 2026 to December 31, 2028). Not a building permit. No tenant assigned. No megawatt figure disclosed.
TerraVolt Holdings said in a Form 8-K filed October 30, 2026 that on October 26, 2026 it entered two option agreements, dated October 23, 2026, to buy about 1,077 acres in Cassia County, Idaho, outside the town of Declo, at $30,000 per acre. TerraVolt says it intends to develop the site as a master-planned, behind the meter digital infrastructure campus designed to support an initial 240 MW of dedicated on-site power generation. That figure is generation capacity, not critical IT load. The options expire October 23, 2027, with a paid six month extension available. [Source 1] [Source 2]
Cassia County, Idaho, outside Declo, near State Highway 81 and Interstate 84 · Announced campus plan with land under option, as of October 30, 2026. Options on about 1,077 acres at $30,000 per acre expire October 23, 2027 (extendable six months). Initial 240 MW of planned on-site generation (generation capacity, not IT load). Permitting and design still to come.
