Second datacenter facility lease and construction start
Company: Applied Digital - Project: Garden City
The claim, verbatim
99-year ground lease in Garden City, TX entered into on April 13, 2022; construction begun on April 25, 2022
Source (primary)
Applied Digital S-1 filed 2022-09-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On April 13, 2022, the Company entered into a 99-year ground lease in Garden City, TX, with the intent to build our second datacenter facility on this site. On April 25, 2022 the Company began construction on this site.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document confirms both the April 13, 2022 lease date and the April 25, 2022 construction start.
Confirmed in the source:
- A 99-year ground lease in Garden City, TX was entered into on April 13, 2022
- Construction began on the Garden City site on April 25, 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487922000029/aplds1finalresaleseptember.htm) in full (380,217 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1 filed 2022-09-16
Quote: “On April 13, 2022, the Company entered into a 99-year ground lease in Garden City, TX, with the intent to build our second datacenter facility on this site. On April 25, 2022 the Company began construction on this site.”