{"comps": {"land": [], "powered_shell": []}, "hero": {"composite_score": null, "computed_at": "2026-11-12T08:45:24.966328+00:00", "constraint_score": null, "excess_power": null, "iso": "WECC", "lat": 33.35, "lng": -111.68, "name": "Mesa", "queue_wait_months": null, "slug": "mesa", "state": "AZ", "time_to_power_mo": null, "time_to_power_months": null, "verdict": "BUILD"}, "is_pro": true, "kpis": {"facility_count": 53, "headline_basis": "every facility listing DC Hub tracks in this market (operational, under construction, planned and announced; verified and unverified listings included), deduplicated by name + operator across the facilities and discovered_facilities tables. MW is summed over the listings that report capacity (mw_reporting_count of facility_count), so read it as a floor.", "lease_rate": null, "mw_reporting_count": 16, "operational_mw": 1675.0, "pipeline_mw": 370.0, "queue_months": null, "top_operator": {"facility_count": 4, "name": "EdgeCore Digital Infrastructure"}, "total_mw": 1425.0, "unverified_included": true, "vacancy_pct": null}, "live_as_of": {"age_hours": 0.1, "iso": "2026-11-12T08:45:24.966328+00:00"}, "ma": [{"buyer": "EdgeCore Digital", "date": "2025-01-01", "mw": 500.0, "seller": "Debt Financing", "type": "ma", "value": 1900.0, "value_unit": "USD millions"}], "ok": true, "open_access": "Open to every caller: this is one of the 20 largest US data-center markets by tracked capacity, and its full market briefing (grid, risk, time to power, scores) is free.", "operators": [{"facility_count": 4, "operator": "EdgeCore Digital Infrastructure", "ranked_by": "facility_count", "total_mw": 344.0}, {"facility_count": 4, "operator": "EdgeCore", "ranked_by": "facility_count", "total_mw": 215.0}, {"facility_count": 3, "operator": "Meta", "ranked_by": "facility_count", "total_mw": 280.0}, {"facility_count": 2, "operator": "Google", "ranked_by": "facility_count", "total_mw": 200.0}, {"facility_count": 2, "operator": "Novva Data Centers", "ranked_by": "facility_count", "total_mw": 96.0}], "outlook": {"generated_at": "2026-11-07T09:11:03.318603+00:00", "narrative_md": "Mesa's data center footprint spans 53 tracked facilities totaling 1,425 MW across all development stages. EdgeCore Digital Infrastructure and EdgeCore operate four facilities each, while Meta operates three. No recent deal activity has been recorded in the market.\n\nDeal flow in Mesa remains absent from recent transaction records, a pattern consistent with neighboring Arizona markets where internal capital and build-to-suit strategies dominate over third-party M&A. The operator roster is narrow: the top three operators control 11 of 53 tracked facilities. This concentration does not indicate market maturity or saturation; rather, it reflects early-stage geography where established players have staked positions while transaction volume remains light.\n\nPolitical scrutiny around data center expansion in Arizona will likely shape Mesa's development pace and permitting environment going forward.", "rationale": null, "verdict": "BUILD", "word_count": 213}, "pipeline": [{"eta": null, "facility": "Novva Project Borealis Phase 1", "operator": "Novva Data Centers", "power_mw": 96.0, "status": "Under Construction"}, {"eta": null, "facility": "EdgeCore Mesa Campus PH02", "operator": "EdgeCore Digital Infrastructure", "power_mw": 72.0, "status": "Under Construction"}, {"eta": null, "facility": "EdgeCore Mesa Campus PH03", "operator": "EdgeCore Digital Infrastructure", "power_mw": 72.0, "status": "Under Construction"}, {"eta": null, "facility": "Google Mesa Building 3", "operator": "Google", "power_mw": 50.0, "status": "Under Construction"}, {"eta": null, "facility": "Meta Mesa Building 4", "operator": "Meta", "power_mw": 40.0, "status": "Under Construction"}, {"eta": null, "facility": "Meta Mesa Building 5", "operator": "Meta", "power_mw": 40.0, "status": "Under Construction"}, {"eta": null, "facility": "Arcadian Infracom Phoenix PoP", "operator": "Arcadian Infracom", "power_mw": null, "status": "Under Construction"}, {"eta": null, "facility": "Novva Mesa Campus", "operator": "Novva Data Centers", "power_mw": null, "status": "Under Construction"}], "power_grid": {"gen_additions_mw": 4640.6, "interconnection_pending_mw": null, "iso": "WECC", "iso_queue": null, "queue_capacity_mw": 13740.0, "queue_wait_months": null, "reserve_margin_pct": null, "time_to_power_as_of": "2026-11-12T08:45:24.966328+00:00", "time_to_power_basis": "DCPI modelled months to energize a new large load in this market (method: https://dchub.cloud/dcpi/methodology); a model estimate, not a utility date", "time_to_power_months": null}, "redirect_to": null, "requested": "mesa", "risk": {"drought_months_d2_plus": null, "errors": {"drought_months_d2_plus": "no_drought_source_ingested"}, "water_band": 4, "water_band_label": "High", "water_category": "mean of 110 Aqueduct 4.0 baseline-annual basins (arid counted as", "water_stress": 71.8, "wildfire_seismic_note": null}, "slug": "mesa", "tier": "FREE", "_gated": true, "_locked_fields": ["constraint_score", "excess_power", "excess_power_score", "reserve_margin_pct", "time_to_power_mo", "time_to_power_months", "top_opportunities_json", "top_risks_json"], "_upgrade_cta": "BUILD/CAUTION/AVOID verdicts, the composite score and the market list are free. The DCPI sub-scores (excess-power, grid-constraint, time-to-power) and risk/opportunity detail unlock with the DC Hub plan with every tool: https://dchub.cloud/pricing."}