Polaris Forge 2 delivery phase schedule
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Polaris Forge 2's first buildings are expected to begin coming online in calendar 2026, with subsequent deliveries phased through the second half of calendar 2028.
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Motley Fool (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗
Quote: “management expects Polaris Forge 2's first buildings to begin coming online in calendar 2026... deliveries phased from Polaris Forge 2's first buildings in calendar 2026 out to the second half of calendar 2028”
How we checked this
Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.
The article confirms that Polaris Forge 2's first buildings are expected online in calendar 2026, and that deliveries extend to the second half of 2028. However, the 2028 end date is given for the company's leased campuses as a whole, not specifically for Polaris Forge 2.
Confirmed in the source:
- Applied Digital's management expects Polaris Forge 2's first buildings to begin coming online in calendar 2026
- Applied Digital's lease deliveries across its campuses are phased from Polaris Forge 2's first buildings in calendar 2026 out to the second half of calendar 2028
We could not confirm this from the cited source:
- That the deliveries running through the second half of calendar 2028 are specifically Polaris Forge 2's subsequent buildings, rather than deliveries across Applied Digital's whole campus portfolio
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://www.fool.com/investing/2026/09/07/applied-digital-won-t-collect-most-of-its-rent-until-2029-i-d-wait-to-buy-the-stock/) in full (11,518 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Motley Fool
Quote: “management expects Polaris Forge 2's first buildings to begin coming online in calendar 2026... deliveries phased from Polaris Forge 2's first buildings in calendar 2026 out to the second half of calendar 2028”
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Globe and Mail
Quote: “deliveries phased from Polaris Forge 2's first buildings in calendar 2026 out to the second half of calendar 2028”