Oracle, OpenAI Begin Construction on Michigan Data Center Campus

Related Digital, Blackstone, Oracle, OpenAI, and Walbridge recently celebrated the construction of The Barn, a multi-billion-dollar Stargate data center campus under construction in Saline Township, which is the single largest economic investment in Michigan’s history.

All campus buildings are now under construction, with the first of three 550,000-square-foot, single-story, data center buildings nearing completion. The financing for the project includes equity from Related Digital, funds affiliated with Blackstone, and fixed-rate, long-term debt financing anchored by PIMCO-managed funds and accounts. During construction, the project will create more than 2,500 jobs.

Related Digital, Blackstone, OpenAI, Oracle and Walbridge also announced a new $10 million commitment to fund the expansion and modernization of the Saline Recreation Center. The investment builds on previous state and local economic benefits, including $14 million in direct investments to local fire services and farmland preservation funds, and thousands of construction jobs. The project is anticipated to generate tax revenues in the billions of dollars, averaging $150 million per year for nearly two decades.