Trump-Linked Data Center REIT Fermi Faces Doubts About Its Future
📍 Carson County, TX (rural — not a target metro) Texas
3/10
ConXtech System
⚪ Either
Project Type
data center
Project Stage
Permitted
Stories
—
Estimated Size
1,000,000 SF (initial phase)
Total Project Value
$500M+ (initial phase, speculative)
Estimated Steel Scope
$10M-$30M+ (1M SF data center phase)
Timeline Fit
Permitted but facing significant delays, failed timelines, CEO departure, 75% stock decline — high risk of stalling or cancellation
Fit Assessment
monitor
General Contractor
No GC Selected
Owner
Fermi America
Key Contacts
Source: View Original Source →
Lead Status
Team Notes