Patmos Internet hosting, a supplier of web infrastructure and knowledge internet hosting providers, has secured a $100 million C-PACE mortgage from PACE Mortgage Group. The funding will help the redevelopment of the previous Kansas Metropolis Star constructing into an AI-focused campus.
The campus, overlaying 421,112 sq. toes over 4 tales, is deliberate to serve high-density GPU, HPC, and AI infrastructure corporations. Development started in late 2024, with Patmos finishing the preliminary 5MW capability in beneath 90 days, adopted by a further 7MW shortly afterward.
John Johnson, the corporate’s founder and CEO, famous that using the C-PACE mortgage facilitates their intention of swift market supply. The proceeds can be channelled in direction of energy-efficient infrastructure enhancements, looking for to supply sustainability and profitability whereas enhancing Patmos’ place within the business.
Occupying the historic web site at 1601 McGee Avenue in Kansas Metropolis, the enterprise is bold in scope, repurposing practically 150,000 sq. toes right into a vibrant multi-tenant expertise hub. This initiative helps show Patmos’ dedication to making a community-centric AI hub.
Power-efficient transformations are a precedence, with funds allotted to enhancements comparable to HVAC and plumbing upgrades, scheduled for competitors by March 2026.
Rafi Golberstein, CEO of PACE Mortgage Group, highlighted the monetary synergy achieved by C-PACE, enhancing the effectivity and long-term cost-effectiveness of knowledge centres, whereas Robbie Pinkas echoed the sentiment on the possible alternatives C-PACE presents for such infrastructure tasks.
Positioned centrally in Kansas Metropolis, the location avails city connectivity and utility infrastructure — key attributes for hyperscale knowledge centres.
Overseen by the Present Me PACE Clear Power Growth Board, Missouri’s C-PACE program continues to supported impactful tasks since its inception, together with funding initiatives like Patmos’ present challenge.
