Mega-Project
$1.8B
Investment
250 MW
Power Capacity
3
Sponsors
Sponsors & Partners
CoreWeave
Onyx Equities
Machine Investment Group
Project Timeline
Announced
2024-10
Construction Start
2024-10
Expected Completion
2027
Current canonical record
Former Merck pharmaceutical lab and manufacturing building. Onyx venture spending over $50 million on site preparation.
CoreWeave's first data center in New Jersey despite being headquartered in the state. Converted from pharmaceutical facility. Subsequently purchased building for $322 million after initial lease. PSE&G readying electrical infrastructure.; Power estimated at $7M/MW
Record provenance
This page is generated from the reviewed project database snapshot. The record was last reviewed on 2026-06-15. Blank fields mean the value was not publicly disclosed or could not be reconciled safely; they do not mean zero.