DigiCo LAX1 (1977 Saturn Street)
DigiCo Infrastructure REIT · Monterey Park, CA · United States
Facility record
- Lifecycle
- CancelledSource-reported lifecycle
- Location precision
- approximate
- Address as listed
- 1977 Saturn Street
- Coordinates
- 34.03951, -118.115058
- Serving utility, source-reported
- Not established
- Operational capacity, source-reported
- Not published
- Planned capacity, source-reported
- Not published
- Source record updated
- 2026-08-02
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
- Proposed
Initial Study/Mitigated Negative Declaration filed for Development Agreement No. 24.02 / Site Development Plan No. 24-040 (revised October 2025).
Underlying source - Cancelled
HMC StratCap 1977 Saturn, LLC (a DigiCo Infrastructure REIT subsidiary) formally withdrew Development Agreement No. 24.02 / Site Development Plan No. 24-040 in a signed letter to the Monterey Park City Council (signed by Interim CEO Chris Maher) - filed before, not after, the city's Measure NDC ballot vote.
Underlying source
Source notes
DigiCo Infrastructure REIT is externally managed by HMC Capital (ASX-listed); the applicant/signing entity was HMC StratCap 1977 Saturn, LLC. Approximately 250,000 sq ft hyperscale data center campus planned at 1977 Saturn Street, adjacent to a companion site at 1980 Saturn Street (referred to in trade coverage as DigiCo 'LAX2') which is not listed as a separate record as of August 2026 - LAX2's specifics trace only to aggregator listings with no independent primary or press confirmation found as of August 2026; it is being divested in the same HMC Capital transaction. Capacity is disputed and not recorded: sources disagree materially (49.5-50 MW per Fox Business and No Data Center MPK, citing the applicant's own Initial Study/MND; approximately 56 MW per aggregators, apparently derived from 14 backup diesel generators at 4 MW each; 66-72 MW per CoStar describing 'the original proposal') and the primary withdrawal letter discloses no MW figure at all. Acreage is disputed and not recorded: approximately 5 acres per a community group's math from the building footprint versus 16 acres per Baxtel (aggregator-only - treated as unconfirmed). HMC Capital bought the parcel for approximately $39M (December 2024) and has agreed to sell it back for roughly $39M plus $33.5M for the adjacent LAX2 site plus a $10M contingent earn-out, settling in H1 FY27 - real-estate transaction values, not construction capex, since the facility was never built; no investment figure is recorded. No jobs figures have been disclosed. No AI/HPC-specific marketing language found for this project. City had a pre-existing data-center moratorium before this project surfaced. Coordinates are an approximate street-level geocode, not a parcel-confirmed point.
Sources and provenance
- Signed withdrawal letter - HMC StratCap 1977 Saturn, LLC to City of Monterey Park (March 31, 2026) · source retrieved 2026-08-02
- Data Center Information - Ordinance 2279 / Measure NDC · source retrieved 2026-08-02
- Developer pulls Monterey Park data center plan after backlash · source retrieved 2026-08-02
- Monterey Park voters approve permanent data center ban · source retrieved 2026-08-02
- Project overview - No Data Center MPK · source retrieved 2026-08-02
- Data center developer withdraws Monterey Park proposal as Measure NDC heads to June ballot · source retrieved 2026-08-02
- DigiCo sells LA data centre sites · source retrieved 2026-08-02
- DigiCo Los Angeles LAX1 - Baxtel facility record · source retrieved 2026-08-02
Power Wars capture: 2026-11-02. Compute Atlas, CC BY 4.0. Entries are not independently verified by Power Wars unless stated.