Premium

Former Fred’s HQ to become AI data center

By , Daily Memphian Updated: May 06, 2025 1:47 PM CT | Published: May 05, 2025 1:38 PM CT

The data center is expected to create more than 250 direct and indirect jobs in the Memphis area, with an investment of more than $500 million.

Topics

5C Group Data center Artificial Intelligence Subscriber Only

Thank you for supporting local journalism.

Subscribers to The Daily Memphian help fund our not-for-profit newsroom of nearly 40 local journalists plus more than 20 freelancers, all of whom work around the clock to cover the issues impacting our community. Subscriptions - and donations - also help fund our community access programs which provide free access to K-12 schools, community organizations, and more. Thank you for making our work possible.

Dima Amro

Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.


Comments

Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here