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Iron Mountain MIA-1 Miami Data Center

Miami, Florida, United StatesUnder construction
Evidence
Contracted
16 MW
Updated
Oct 28, 2026

MIA-1 is a 150,000-square-foot purpose-built facility replacing records-storage space on an existing Miami site. All 16 MW under construction were pre-leased at Q2 2026, with Q4 2026 completion expected and $193 million total expected investment. Cartis labels the 16 MW as contracted development supply, not operating IT. Customer utilization, private contract terms and unreported project financing remain outside the verified public record.

Capacity

Reported capacity

Design

16 MW

Source

Reported capacity

Design

16 MW

Source

Operating IT capacity: Not established in published records

A missing figure does not mean zero. Planned, utility and generation figures are not operating IT capacity.

Development

Development, permitting and phased deliveryUnder construction

MIA-1 is a 150,000-square-foot purpose-built facility replacing records-storage space on an existing Miami site. All 16 MW under construction were pre-leased at Q2 2026, with Q4 2026 completion expected and $193 million total expected investment. Cartis labels the 16 MW as contracted development supply, not operating IT. Customer utilization, private contract terms and unreported project financing remain outside the verified public record.

Milestones (2)
Project-specific evidence refreshed and reconciled

Aug 29, 2026 · Recorded actual event

Completed · Status changed

Source not linked
MIA-1 expected completion

Q4 2026 · Forecast / planned record

Forecast · Forecast completion

Source not linked

Participants

Iron Mountain Data Centers

Developer

Sources by role
Developer (1)

Capital & incentives

Capital claims and financing records may overlap. Their amounts are not added together.

Capital claims

Total expected investment

Transaction scope

$193,000,000

Source

Financing records

Investment commitment

$193m

Jun 30, 2026

SEC-reported expected development investment for MIA-1; not a debt financing.

Parties & sources

Iron Mountain Data Centers (Borrower)

Site & development

Location context

Actual

MIA-1 | Miami | FL | US

Source

Location context

Actual

MIA-1 | Miami | FL | US

Source

Project location

Actual

Miami, FL, US

Source

Expected completion

Forecast

Q4 2026

Source

Technical specifications

Renewable energy matching

Actual

Operator states 100% matched renewable energy where applicable

Source

Additional project facts

Lifecycle status

Actual

Construction

Source

Capacity basis

Actual

Iron Mountain publishes 16 MW for the MIA-1 facility record boundary.

Source

Lifecycle status

Actual

Construction

Source

Capacity basis

Actual

16 MW is under construction, 100% pre leased, with Q4 2026 expected completion. It is contracted development capacity, not operating IT.

Source

Operator or developer

Actual

Iron Mountain Data Centers

Source

Current lifecycle

Actual

Under development

Source

Capacity classification

Actual

Contracted supply

Source

Capacity basis

Actual

16 MW is under construction, 100% pre leased, with Q4 2026 expected completion. It is contracted development capacity, not operating IT.

Source

Customer utilization

Actual

Not publicly disclosed

Source

Source refresh date

Actual

2026-08-29

Source

Sec capacity comparison

Actual

Q2 2026 leaseable and development schedules reviewed

Source

Preleased percent

Actual

100 percent

Source

Infrastructure & permits

Technical details (3)
Electric grid

Planned or represented

16 MW

16 MW is under construction, 100% pre-leased, with Q4 2026 expected completion. It is contracted development capacity, not operating IT.

Fiber

Planned or represented

AI-ready, hurricane-resistant facility with diverse utility feeds, Tier III design, liquid/high-density capability and carrier-neutral connectivity.

Cooling system

Planned or represented

Cooling and resilience architecture is described at facility or campus level; instantaneous draw and tenant utilization remain undisclosed.

Public-source research. Plans may change. See Evidence for sources and qualifications.

Related projects (1)
QTS MIA Miami Data Center

Partially operational · Miami, Florida, United States

Same locality: Miami

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