TheJobWalk E.48

Welcome to this week’s edition of TheJobWalk! Switch secures $659M through its ABS offering to fuel data center growth, while CoreWeave & Poolside ramps up with a $16B data center development, Paris Baguette rises with a $200M facility in Texas. Stargate lands in Wisconsin with $15B investment, Rowan breaks ground on its $900M “Cinco” Center, and Qiddiya’s megaproject total climbs past $40B. Meanwhile, Buildots acquires Genda in the next phase of development. Let’s dive in!

NEWS
$659 Million Switch Data Center Financing

Switch has announced the closing of its fourth asset-backed securities (ABS) offering, raising approximately $659 million to fund continued data center development across the US.

The proceeds from this financing will support new development across Switch’s five campuses serving hyperscale, AI, and enterprise customers.

Switch’s platform spans 10 data centers across 4 US campuses, serves nearly 500 customers, and generates over 70% of revenue from investment-grade tenants.

TheJobWalk’s got eyes on this too...

📰 Swinterton Selects AutoDesk for Growth(Swinerton)
📰 Wisconsin Supplies $145m for Transportation Repairs(WisGov)
📰 $860M Ahold Delhaize Expansion in NC(NCGov)
📰 Makita Expands Cordless Range(Makita)

PROJECTS
Build of The Week

$16 Billion “Project Horizon” Data Center, Texas

CoreWeave and AI startup Poolside are teaming up to build a massive 2GW data center campus in West Texas. The site will span 568 acres and will be built in eight phases, each adding 250 megawatts of capacity.

CoreWeave will anchor the first phase with a 15-year lease for 250 MW, while Poolside develops the rest of the campus. The site will draw on local natural gas power and use modular builds to speed up construction.

The project was announced just 5 days ago, with work already underway. The first phase is set to go live in early 2027.

• Owner/Developer: CoreWeave & poolside

• General Contractor: TBD

• Sector: Data Center

• Estimated Value: $16 Billion

• Location: West Texas

Movement in the field:

🥖Paris Baguette Bakes $200M Facility in Texas: SPC Group, the parent company of Paris Baguette, has broken ground on its $200 million, 267,000 sqft dough manufacturing plant in Burleson, Texas. The new facility marks the company’s first North American dough production site, expanding its US supply chain for bakery and café operations. Construction began in September 2025, with completion targeted for 2027. Once complete, the facility is expected to create around 450 new jobs.

Key Details: Owner/Developer: SPC Group/Paris Baguette AMEA, General Contractor: JE Dunn Construction, Sector: Food & Beverage Manufacturing, Value: $200 Million, Size: 267,000 sqft, Location: Burleson, Texas

💫Stargate Lands in Wisconsin, $15B Worth of Servers Incoming: Vantage Data Centers, in partnership with OpenAI and Oracle, has announced a major data center development in Milwaukee, Wisconsin. The development spans 672 acres, with 500 acres allocated for facilities and the remaining area preserved and restored for environmental benefit. The project is expected to generate more than 4,000 union construction jobs and over 1,000 permanent positions once operational. This $15+ billion investment is among the largest in Wisconsin’s history. 

Key Details: General Contractors: TBD, Clients: OpenAI, Oracle, Developer: Vantage Data Centers, Award: Data Center, Value: $15+ Billion, Location: Port Washington, Wisconsin

🚗Stellantis Hits the Gas with $13B Expansion Plan: Stellantis is investing $13 billion over the next 4 years to expand its manufacturing operations across the United States. This will be the company’s largest-ever investment in its 100-year history, expanding production by 50%. More than 5,000 jobs are expected to be created across several states: Illinois- $600M & 3,300 jobs, Ohio- $400M & 900 jobs, Michigan- $230M & 900 jobs, and Indiana- $100M & 100 jobs.

Key Details: General Contractors: TBD, Client: Stellantis, Award: Manufacturing, Value: $13 Billion, Location: Illinois, Ohio, Michigan, Indiana

🏗️Rowan’s $900M “Cinco” Center Breaks Ground: Rowan Digital has broken ground on its $900M, 300 MW hyperscale data center campus west of San Antonio. The 440-acre “Cinco” site will deliver large-scale power and capacity for AI and cloud computing. The first phase is being built for a top US tech company, creating around 600 construction jobs and 40 long-term roles once fully operational. It broke ground in August 2025, the campus is expected to come online by 2027.

Key Details: Owner/Developer: Rowan Digital Infrastructure, General Contractor: TBD, Sector: Data Center, Value: $900 Million+, Power Capacity: 300 MW, Size: 440 Acres, Location: Medina County, Texas

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WORLD
Qiddiya City, Saudi Arabia

Qiddiya City is a new development being built just outside Riyadh, Saudi Arabia. Backed by the Public Investment Fund, it’s designed to be the world’s first city focused entirely on entertainment, sports, and culture.

The project will include a Six Flags theme park, a major water park called Aquarabia, a Formula 1-grade racetrack, a performing arts center, sports arenas, hotels, and entire residential districts. The goal is to make Qiddiya a global destination where people can live, work, and play- all in one place.

The total cost of Qiddiya is expected to exceed $40 billion, with construction set to continue through the decade. When finished, it will cover hundreds of square kilometers and create tens of thousands of jobs, becoming one of the largest mixed-use entertainment projects ever built.

TECH SPOTLIGHT
Buildots Acquires Genda

Buildots, a global AI-driven construction management platform, has acquired Genda, a workforce and safety management software company, in an industry-first move to unify jobsite progress tracking with workforce data.

The integration will combine Buildots’ computer vision-based progress monitoring with Genda’s real-time labor, equipment, and material tracking to deliver a comprehensive view of construction site operations.

Genda’s clients include major general contractors such as DPR Construction, Hensel Phelps, Clark Construction, JE Dunn, and ANDRES Construction. The acquisition is expected to enhance planning, productivity analysis, and root-cause delay mitigation across construction projects.

QUICK FIRE ROUND
Your quiz questions for this week:

What is one benefit of using post-tensioned concrete in floor slabs?

A. Easier to pour with basic tools // B. Allows for longer spans with thinner slabs // C. Requires no reinforcement

Which type of transformer is commonly used inside commercial buildings for power distribution?

A. Oil-filled transformer // B. Step-up transformer // C. Dry-type transformer

What does a mechanical economizer in an HVAC system help with?

A. Cooling a space using outdoor air // B. Increasing heating speed // C. Filtering indoor air more efficiently

According to OSHA, who is a “Competent Person” on a job site?

A. A trained worker with authority to fix hazards // B. An intern observing safety procedures // C. A third-party inspector only

Which admixture is added to concrete to slow down the setting time?

A. Accelerator // B. Retarder // C. Fiber mesh

Check out the answers at the bottom.

WEEKLY FUNNY
Boss expects to be done at 5. Its 4.59..

REFLECTION
This week’s question to ask yourself✌️

Who in my professional life challenges me the most, for the good & the bad?

ANSWERS

Q1 B. Allows for longer spans with thinner slabs // Q2 C. Dry-type transformer // Q3 A. Cooling a space using outdoor air // Q4 A. A trained worker with authority to fix hazards // Q5 B. Retarder

How many did you get?