Second facility ground lease Garden City TX
Company: Applied Digital - Project: Garden City
The claim, verbatim
99-year ground lease entered for second datacenter facility site in Garden City, Texas.
Source (primary)
Applied Digital 424B3 filed 2022-09-09 (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.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document confirms the 99-year ground lease in Garden City, TX for the second facility.
Confirmed in the source:
- A 99-year ground lease was entered in Garden City, TX for the second datacenter facility
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487922000027/a424b3finalprospectusregno.htm) in full (350,097 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B3 filed 2022-09-09
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.”