MD Squared data center at Kentucky Enterprise Industrial Park (Pikeville)
Pikeville is talking with MD Squared Power about a $250 million data center of about 25-30 megawatts in the city's Kentucky Enterprise Industrial Park. The company projects about 190 construction jobs and 40 permanent jobs. Any final deal must be approved by the City Commission at a public meeting.
Where things stand: The city signed a non-binding agreement (MOU) on April 20, 2026 for 120 days of exclusive talks. No final deal; the city is doing an independent review first.
🕒 Latest update (June 5, 2026): The city made the MOU and a site map public and said it would hire an independent lawyer and do an economic and site study.
What we know
- 📍 WhereCity-owned parcels in the Kentucky Enterprise Industrial Park, Pikeville, Pike County
- 🏢 CompanyMD Squared Power LLC
- ⚡ Power it needs30 megawatts (about as much as 24,000 homes)
- 💵 Cost$250 million
- 👷 Jobs promised40
- 🤐 Secret deal (NDA)No
❓ Still unanswered
Nobody has answered these in public yet. Can you help find out?
- Has the Pikeville City Commission scheduled a vote on a final development agreement? 🙋 I'll find out
- Where will the Pikeville data center get its power, and from which utility? 🙋 I'll find out
- How much water would it use? 🙋 I'll find out
What happened so far
- April 20, 2026Pikeville and MD Squared Power signed a memorandum of understanding (MOU) to explore a data center at the industrial park.
- June 5, 2026The city made the MOU and a site map public and said it would hire an independent lawyer and do an economic and site study.
Local votes and rules
🤝 Agreement with the company
Pikeville signed a preliminary agreement (MOU) with MD Squared Power LLC of Lexington to explore a data center at the Kentucky Enterprise Industrial Park. It gives 120 days of exclusive talks and does not give away land or lock in terms. The city says it signed no secret deal (NDA). Any final deal needs a City Commission vote at a public meeting after an independent review.
An aerial photo of the area.
Where this comes from
- City of Pikeville begins formal review of potential data center development at Kentucky Enterprise Industrial Park · City of Pikeville · June 5, 2026
- Pikeville signs agreement to explore data center development · WYMT · June 5, 2026
- City of Pikeville announces review of a potential data center at KY Enterprise Industrial Park · LEX 18 · June 2026
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