5C MEM01 Memphis (former Fred's headquarters)
5C Data Centers · Memphis, TN · United States
Facility record
- Lifecycle
- OperationalSource-reported lifecycle
- Location precision
- approximate
- Address as listed
- 4300 Getwell Road
- Coordinates
- 35.0301213, -89.936928
- Serving utility, source-reported
- Not established
- Operational capacity, source-reported
- 20 MW
- Planned capacity, source-reported
- Not published
- Source record updated
- 2026-10-28
Source-reported capacity; not metered consumption. Review underlying documents and notes. Planned capacity may include future phases and is not added to operational capacity here. The source may use facility, grid-feed or IT capacity definitions; consult the linked documents.
Coordinate precision is a source label, not an independent parcel survey. A marker does not confirm utility territory or establish an effect on residential bills.
Reported lifecycle history
- Under construction
Construction is under way rather than merely proposed: 5C MEM01 LLC closed on the former Fred's headquarters for $25 million (deed of record), and drone footage in January 2026 captured ongoing construction on the rear of the building including what appeared to be turbines.
Underlying source - Operational
Daily Memphian (2026-09-03) reports '5C is now operating in 200,000 square feet' of the former Fred's headquarters on Getwell Road. That is a partial operating start, with room to expand.
Underlying source
Source notes
Conversion of the former Fred's discount-retail headquarters, a multi-storey warehouse and office complex bought by Olymbec in 2019. DCD (2025-05-06), citing WREG, reports plans were submitted to Shelby County in late 2024 to convert 4300 Getwell Road into a data center supporting an initial 15MW IT load in phase one; that 15 MW phase-one figure comes from a late-2024 plan and is not recorded as planned capacity: 5C's own facility table lists 20 MW for 2026, and its 64 MW (2027) and 35 MW (2029+) entries do not say whether they are cumulative or additional, so, as of October 2026, no planned total is recorded. DCD also reported that 5C's own site listed a Memphis facility, MEM01, at 20MW in 2025 and 60MW from 2027; the 60MW figure, second-hand in DCD, is not recorded as capacity. FOX13 (June 2026) reported that 5C's website gave the Memphis site a current capacity of 20 megawatts with plans to expand for 35 megawatts, and, as of October 2026, 5C's facility table lists MEM01 at 20 MW of 2026 capacity; that 20 MW is recorded as operational capacity. The 965,000 sq ft / 59-acre complex figures are Olymbec's, for the whole property, not for the data-center footprint. Quebec firms Adag Group and Hypertec are involved; 5C was subsequently acquired by Hypertec. Confidence is reported. FOX13 reported drone video from January 2026 of construction on the back side of the building, and the Daily Memphian (September 2026) reported that 5C is now operating in 200,000 square feet of the former Fred's space, which is the basis for the operational status. As of September 2026, no source found confirmed permit issuance. Separately, Memphis City Council members led by JB Smiley Jr. introduced a proposed ordinance on 2026-08-16 for a temporary moratorium on new data-center developments citywide, which is context for this site but is not stated to apply to it.
5C's facility table lists the Memphis site's power source as 'GRID BTM' and shows 20 MW for 2026 with 64 MW in 2027 and 35 MW in 2029+, entries that do not say whether they are cumulative or additional; FOX13 reported 20 MW current capacity with a 35 MW planned expansion
Sources and provenance
- 5C plots data center at former Fred's site in Memphis, Tennessee · source retrieved 2026-09-09
- $152 Million Data Center Coming to Former Fred's Headquarters — investment, jobs and site details from the EDGE filing · source retrieved 2026-09-14
- Data center company purchases Fred's headquarters building for $25 million, records show — address from property records · source retrieved 2026-10-11
- Next-Gen AI Data Centers | 5C — facilities table: Memphis, TN 20 MW (2026), 64 MW (2027), 35 MW (2029+), power source 'GRID BTM', status 'FULLY COMMITTED' · source retrieved 2026-09-21
- The AM/DM podcast: Is Memphis at a turning point? · source retrieved 2026-10-10
Power Wars capture: 2026-11-02. Compute Atlas, CC BY 4.0. Entries are not independently verified by Power Wars unless stated.