Jun 05, 2025 | Posted by Abdul-Rahman Oladimeji
US real estate firm Oppidan Investment Company this week broke ground on a 61,000 sq ft (5,667 sqm) build-to-suit data center on Argenta Trail in Eagan. Oppidan is serving as the landlord and directly financing, developing, and delivering the facility in partnership with a tenant.
“This is a demonstration of our financial strength and commitment to data center development and long-term partnership with the Eagan community,” said Dave Scott, Oppidan president and general counsel. “We are proud to invest in this region, to help bring high-paying skilled jobs, grow local tax revenue, and strengthen Minnesota’s standing as a competitive player in the data center sector.”
Oppidan filed to develop the data center late last year, and gained approval for the development earlier in 2025. The company had previously filed to develop 5MW facility on 22.1 acres at 550 Opperman Drive. The site was previously undeveloped land owned by the neighboring YMCA.
