Real estate and digital infrastructure developer
Appears in 2 stories · Last updated Oct 18, 2026
Developing the adjacent 5 GW data center campus and co-developing the power plant
The United States and South Korea selected a $22.3 billion natural gas power campus in Encinal, Texas, as the first project under their strategic investment agreement. The site will generate 6.47 gigawatts of electricity, enough to feed a 5-gigawatt data center campus being built next door by Related Companies.
Updated Oct 18
As of May 2026: Master developer of Hudson Yards; counterparty to the stalled deal
For nearly two decades, Hudson Yards has been a major New York City megaproject: 28 acres of towers, retail, and public space built on a deck over active rail lines on Manhattan's far West Side. The eastern half is largely complete. The western half — 4,000 planned apartments anchored by a $2 billion publicly financed platform — just lost its political champion.
Updated May 31
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