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Cartis diligence evidence schedule

CoreWeave Kenilworth AI Data Center Campus

PRJ-0288 · Site · Kenilworth, New Jersey, United States

Record last updated Oct 28, 2026

Scope and capacity

CoreWeave's current Kenilworth project page, checked October 28, 2026, describes approximately $150 million of electrical infrastructure investment, including a new substation serving NEST 11 and the surrounding community. This is not the site's total construction cost or evidence that the adjacent potential 100 MW expansion has started or opened. 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.

Eligible capital investment · $1,757,842,000

Actual · CoreWeave Kenilworth AI Data Center Campus (Project)

Claim 26991 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Kenilworth Planning Board agenda — CoreWeave subdivision resolution

    Borough of Kenilworth · Document date: Jun 23, 2026 · Corroborating

    Source reference: SRC-1557 · Recorded authority: Official primary

    Source URL

    https://www.kenilworthborough.com/AgendaCenter/ViewFile/Agenda/_06232026-306

  2. Kenilworth Planning Board agenda — CoreWeave major subdivision

    Borough of Kenilworth · Document date: Apr 28, 2026 · Corroborating

    Source reference: SRC-1556 · Recorded authority: Official primary

    Source URL

    https://www.kenilworthborough.com/AgendaCenter/ViewFile/Agenda/_04282026-299

  3. NJEDA Board Book — CoreWeave Next New Jersey AI award

    New Jersey Economic Development Authority · Document date: Nov 12, 2025 · Primary

    Source reference: SRC-1549 · Government record · Recorded authority: Official primary

    Source URL

    https://www.njeda.gov/november-12-2025-eda-board-book/

  4. As data center projects surge, can New Jersey keep up?

    NJ Spotlight News · Document date: Oct 31, 2025 · Corroborating

    Source reference: SRC-1559 · News report · Recorded authority: Secondary

    Source URL

    https://www.njspotlightnews.org/2025/10/as-data-center-projects-surge-can-nj-keep-up/

  5. CoreWeave acquires NEST data center from Onyx venture for $322 million

    NJBIZ · Document date: Aug 1, 2025 · Corroborating

    Source reference: SRC-1553 · News report · Recorded authority: Secondary

    Source URL

    https://njbiz.com/coreweave-acquires-nest-data-center-onyx/

  6. Onyx and Machine sell portion of NEST campus to CoreWeave

    Real Estate NJ · Document date: Aug 1, 2025 · Corroborating

    Source reference: SRC-1554 · News report · Recorded authority: Secondary

    Source URL

    https://re-nj.com/newmark-onyx-mig-sell-portion-of-nest-campus-to-coreweave-for-322-million/

  7. Kenilworth Planning Board minutes — CoreWeave data center application 25-003

    Borough of Kenilworth · Document date: May 15, 2025 · Corroborating

    Source reference: SRC-1550 · Recorded authority: Official primary

    Source URL

    https://www.kenilworthborough.com/AgendaCenter/ViewFile/Minutes/_05152025-248

  8. Kenilworth Planning Board minutes — substation application 25-004

    Borough of Kenilworth · Document date: Apr 24, 2025 · Corroborating

    Source reference: SRC-1551 · Recorded authority: Official primary

    Source URL

    https://kenilworthborough.com/AgendaCenter/ViewFile/Minutes/_04242025-246

  9. CoreWeave signs 280,000-square-foot lease at NEST

    Onyx Equities / Machine Investment Group · Document date: Oct 28, 2024 · Corroborating

    Source reference: SRC-1552 · Company announcement · Recorded authority: Party primary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NJEDA Board Book — CoreWeave Next New Jersey AI award

    New Jersey Economic Development Authority · Document date: Nov 12, 2025 · Primary

    Source reference: SRC-1549 · Government record · Recorded authority: Official primary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NJEDA Board Book — CoreWeave Next New Jersey AI award

    New Jersey Economic Development Authority · Document date: Nov 12, 2025 · Primary

    Source reference: SRC-1549 · Government record · Recorded authority: Official primary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NJEDA Board Book — CoreWeave Next New Jersey AI award

    New Jersey Economic Development Authority · Document date: Nov 12, 2025 · Primary

    Source reference: SRC-1549 · Government record · Recorded authority: Official primary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NJEDA Board Book — CoreWeave Next New Jersey AI award

    New Jersey Economic Development Authority · Document date: Nov 12, 2025 · Primary

    Source reference: SRC-1549 · Government record · Recorded authority: Official primary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NJEDA Board Book — CoreWeave Next New Jersey AI award

    New Jersey Economic Development Authority · Document date: Nov 12, 2025 · Primary

    Source reference: SRC-1549 · Government record · Recorded authority: Official primary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NJEDA Board Book — CoreWeave Next New Jersey AI award

    New Jersey Economic Development Authority · Document date: Nov 12, 2025 · Primary

    Source reference: SRC-1549 · Government record · Recorded authority: Official primary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NJEDA Board Book — CoreWeave Next New Jersey AI award

    New Jersey Economic Development Authority · Document date: Nov 12, 2025 · Primary

    Source reference: SRC-1549 · Government record · Recorded authority: Official primary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Aug 1, 2025

  1. CoreWeave acquires NEST data center from Onyx venture for $322 million

    NJBIZ · Document date: Aug 1, 2025 · Primary

    Source reference: SRC-1553 · News report · Recorded authority: Secondary

    Source URL

    https://njbiz.com/coreweave-acquires-nest-data-center-onyx/

  2. Onyx and Machine sell portion of NEST campus to CoreWeave

    Real Estate NJ · Document date: Aug 1, 2025 · Corroborating

    Source reference: SRC-1554 · News report · Recorded authority: Secondary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

Headline treatment: Separate claim, not added to the headline

  1. Onyx and Machine sell portion of NEST campus to CoreWeave

    Real Estate NJ · Document date: Aug 1, 2025 · Primary

    Source reference: SRC-1554 · News report · Recorded authority: Secondary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

Headline treatment: Selected headline

  1. Onyx and Machine sell portion of NEST campus to CoreWeave

    Real Estate NJ · Document date: Aug 1, 2025 · Primary

    Source reference: SRC-1554 · News report · Recorded authority: Secondary

    Source URL

    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 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Kenilworth Planning Board minutes — CoreWeave data center application 25-003

    Borough of Kenilworth · Document date: May 15, 2025 · Primary

    Source reference: SRC-1550 · Recorded authority: Official primary

    Source URL

    https://www.kenilworthborough.com/AgendaCenter/ViewFile/Minutes/_05152025-248

Chiller count · 29 chillers

Actual · CoreWeave Kenilworth AI Data Center Campus (Project)

Claim 27007 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Kenilworth Planning Board minutes — CoreWeave data center application 25-003

    Borough of Kenilworth · Document date: May 15, 2025 · Primary

    Source reference: SRC-1550 · Recorded authority: Official primary

    Source URL

    https://www.kenilworthborough.com/AgendaCenter/ViewFile/Minutes/_05152025-248

Water tank count · 4 tanks

Actual · CoreWeave Kenilworth AI Data Center Campus (Project)

Claim 27008 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Kenilworth Planning Board minutes — CoreWeave data center application 25-003

    Borough of Kenilworth · Document date: May 15, 2025 · Primary

    Source reference: SRC-1550 · Recorded authority: Official primary

    Source URL

    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 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Kenilworth Planning Board agenda — CoreWeave subdivision resolution

    Borough of Kenilworth · Document date: Jun 23, 2026 · Corroborating

    Source reference: SRC-1557 · Recorded authority: Official primary

    Source URL

    https://www.kenilworthborough.com/AgendaCenter/ViewFile/Agenda/_06232026-306

  2. Kenilworth Planning Board agenda — CoreWeave major subdivision

    Borough of Kenilworth · Document date: Apr 28, 2026 · Primary

    Source reference: SRC-1556 · Recorded authority: Official primary

    Source URL

    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

Real estate acquisition consideration

$322,000,000 · Aug 1, 2025

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)

Sources (2)

Financing record 72; claim-specific source links appear in the exhibit sources where published.

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.