DigiCo Infrastructure REIT

HMC Capital is planning a new data center in Los Angeles, California, on a 15.8-acre site at 1977 Saturn Street in Monterey Park. The project, known as the 1977 Saturn Data Center, will involve demolishing existing structures to construct a 218,400-square-foot single-story facility with an on-site substation. The center is expected to have 14 emergency diesel engines, each 4MW, for a total capacity of 56MW.

Construction is scheduled to begin in September 2025, with completion anticipated by August 2027. The site was previously occupied by a two-story commercial office building and a utility structure, which have been vacant since 2016. HMC acquired the property in late 2024 for $39 million, along with an adjacent site at 1980 Saturn Street for $33.5 million.

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