Cartis diligence evidence schedule
CoreWeave Kenilworth AI Data Center Campus
PRJ-0288 · Site · Kenilworth, New Jersey, United States
Captured 2026-09-06T04:13:20.570Z · Record last updated 2026-08-25
SHA-256: 56010eda317f38bbf82e2c8b4194dc17971de53e9148c83af3e1143a6147fb68
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Scope and capacity
CoreWeave-controlled portion of NEST: NEST 11 conversion plus adjacent expansion land; not the entire former Merck/NEST campus. CoreWeave Kenilworth AI Data Center Campus is in Kenilworth, NJ, US and is a data center campus with under construction status.
Headline: 100 MW Planned / design
Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.
Claims and exhibit sources
Eligible Capital Investment · $1,757,842,000
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 26991 · Review: Approved · Claim date: Not published
- Kenilworth Planning Board agenda — CoreWeave subdivision resolution
Borough of Kenilworth · Document date: 2026-06-23 · Corroborating
https://www.kenilworthborough.com/AgendaCenter/ViewFile/Agenda/_06232026-306 - Kenilworth Planning Board agenda — CoreWeave major subdivision
Borough of Kenilworth · Document date: 2026-04-28 · Corroborating
https://www.kenilworthborough.com/AgendaCenter/ViewFile/Agenda/_04282026-299 - NJEDA Board Book — CoreWeave Next New Jersey AI award
New Jersey Economic Development Authority · Document date: 2025-11-12 · Primary
https://www.njeda.gov/november-12-2025-eda-board-book/ - As data center projects surge, can New Jersey keep up?
NJ Spotlight News · Document date: 2025-10-31 · Corroborating
https://www.njspotlightnews.org/2025/10/as-data-center-projects-surge-can-nj-keep-up/ - CoreWeave acquires NEST data center from Onyx venture for $322 million
NJBIZ · Document date: 2025-08-01 · Corroborating
https://njbiz.com/coreweave-acquires-nest-data-center-onyx/ - Onyx and Machine sell portion of NEST campus to CoreWeave
Real Estate NJ · Document date: 2025-08-01 · Corroborating
https://re-nj.com/newmark-onyx-mig-sell-portion-of-nest-campus-to-coreweave-for-322-million/ - Kenilworth Planning Board minutes — CoreWeave data center application 25-003
Borough of Kenilworth · Document date: 2025-05-15 · Corroborating
https://www.kenilworthborough.com/AgendaCenter/ViewFile/Minutes/_05152025-248 - Kenilworth Planning Board minutes — substation application 25-004
Borough of Kenilworth · Document date: 2025-04-24 · Corroborating
https://kenilworthborough.com/AgendaCenter/ViewFile/Minutes/_04242025-246 - CoreWeave signs 280,000-square-foot lease at NEST
Onyx Equities / Machine Investment Group · Document date: 2024-10-28 · Corroborating
https://www.prnewswire.com/news-releases/coreweave-signs-280-000-sf-lease-at-onyx-and-machines-northeast-science--technology-center-in-kenilworth-302289222.html
Current Project Area · 392,600 square feet
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 26992 · Review: Approved · Claim date: Not published
- NJEDA Board Book — CoreWeave Next New Jersey AI award
New Jersey Economic Development Authority · Document date: 2025-11-12 · Primary
https://www.njeda.gov/november-12-2025-eda-board-book/
Renovation Area · 284,500 square feet
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 26993 · Review: Approved · Claim date: Not published
- NJEDA Board Book — CoreWeave Next New Jersey AI award
New Jersey Economic Development Authority · Document date: 2025-11-12 · Primary
https://www.njeda.gov/november-12-2025-eda-board-book/
New Construction Area · 108,100 square feet
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 26994 · Review: Approved · Claim date: Not published
- NJEDA Board Book — CoreWeave Next New Jersey AI award
New Jersey Economic Development Authority · Document date: 2025-11-12 · Primary
https://www.njeda.gov/november-12-2025-eda-board-book/
Affiliate Lease Term · 15 years
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 26996 · Review: Approved · Claim date: Not published
- NJEDA Board Book — CoreWeave Next New Jersey AI award
New Jersey Economic Development Authority · Document date: 2025-11-12 · Primary
https://www.njeda.gov/november-12-2025-eda-board-book/
Construction Start · 2025-09-15
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 26997 · Review: Approved · Claim date: Not published
- NJEDA Board Book — CoreWeave Next New Jersey AI award
New Jersey Economic Development Authority · Document date: 2025-11-12 · Primary
https://www.njeda.gov/november-12-2025-eda-board-book/
New Full Time Jobs · 143 jobs
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 26998 · Review: Approved · Claim date: Not published
- NJEDA Board Book — CoreWeave Next New Jersey AI award
New Jersey Economic Development Authority · Document date: 2025-11-12 · Primary
https://www.njeda.gov/november-12-2025-eda-board-book/
Next Nj Tax Credit Award · $250 million
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 26999 · Review: Approved · Claim date: Not published
- NJEDA Board Book — CoreWeave Next New Jersey AI award
New Jersey Economic Development Authority · Document date: 2025-11-12 · Primary
https://www.njeda.gov/november-12-2025-eda-board-book/
Real Estate Acquisition Price · $322 million
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 27001 · Review: Approved · Claim date: 2025-08-01T00:00:00+00:00
- CoreWeave acquires NEST data center from Onyx venture for $322 million
NJBIZ · Document date: 2025-08-01 · Primary
https://njbiz.com/coreweave-acquires-nest-data-center-onyx/ - Onyx and Machine sell portion of NEST campus to CoreWeave
Real Estate NJ · Document date: 2025-08-01 · Corroborating
https://re-nj.com/newmark-onyx-mig-sell-portion-of-nest-campus-to-coreweave-for-322-million/
Nest11 Reported Existing Capacity · 42 MW
Planned / design or future potential · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 27002 · Review: Approved · Claim date: Not published
Headline treatment: Separate claim, not added to the headline
- Onyx and Machine sell portion of NEST campus to CoreWeave
Real Estate NJ · Document date: 2025-08-01 · Primary
https://re-nj.com/newmark-onyx-mig-sell-portion-of-nest-campus-to-coreweave-for-322-million/
Adjacent Future Expansion Capacity · 100 MW
Planned / design or future potential · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 27004 · Review: Approved · Claim date: Not published
Headline treatment: Selected headline
- Onyx and Machine sell portion of NEST campus to CoreWeave
Real Estate NJ · Document date: 2025-08-01 · Primary
https://re-nj.com/newmark-onyx-mig-sell-portion-of-nest-campus-to-coreweave-for-322-million/
Backup Generator Count · 31 generators
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 27006 · Review: Approved · Claim date: Not published
- Kenilworth Planning Board minutes — CoreWeave data center application 25-003
Borough of Kenilworth · Document date: 2025-05-15 · Primary
https://www.kenilworthborough.com/AgendaCenter/ViewFile/Minutes/_05152025-248
Chiller Count · 29 chillers
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 27007 · Review: Approved · Claim date: Not published
- Kenilworth Planning Board minutes — CoreWeave data center application 25-003
Borough of Kenilworth · Document date: 2025-05-15 · Primary
https://www.kenilworthborough.com/AgendaCenter/ViewFile/Minutes/_05152025-248
Water Tank Count · 4 tanks
actual · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 27008 · Review: Approved · Claim date: Not published
- Kenilworth Planning Board minutes — CoreWeave data center application 25-003
Borough of Kenilworth · Document date: 2025-05-15 · Primary
https://www.kenilworthborough.com/AgendaCenter/ViewFile/Minutes/_05152025-248
Major Subdivision Is Capacity Event · False
Source report · CoreWeave Kenilworth AI Data Center Campus (project)
Claim 27010 · Review: Approved · Claim date: Not published
- Kenilworth Planning Board agenda — CoreWeave subdivision resolution
Borough of Kenilworth · Document date: 2026-06-23 · Corroborating
https://www.kenilworthborough.com/AgendaCenter/ViewFile/Agenda/_06232026-306 - Kenilworth Planning Board agenda — CoreWeave major subdivision
Borough of Kenilworth · Document date: 2026-04-28 · Primary
https://www.kenilworthborough.com/AgendaCenter/ViewFile/Agenda/_04282026-299
Counterparties and capital
CoreWeave · Developer, Operator · CMP-0099
CW Grosbeaks NEST Urban Renewal LLC · Developer · CMP-0783
CW NEST Tenant LLC · Tenant · CMP-0775
Kenilworth Planning Board · Government Authority · CMP-0780
New Jersey Economic Development Authority · Government Authority · CMP-0781
Public Service Electric & Gas · Utility Provider · CMP-0779
$322,000,000 · 2025-08-01
Purchase of NEST 11 and adjacent 27 acres; separate from construction capex and tax credit.
CoreWeave (Buyer; Affiliate Ownership Structure) · Machine Investment Group (Seller; Former Landlord) · Newmark (Seller Broker) · Onyx Equities (Seller; Former Landlord)
Financing record 72; claim-specific source links appear in the exhibit sources where published.
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