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Patmos Hosting has acquired a $100 million Commercial Property Assessed Clean Energy (C-PACE) loan from PACE Loan Group to develop an AI data center at the former Kansas City Star building in Downtown Kansas City, Missouri. This financing represents the largest C-PACE deal in Missouri's history and will be used for energy-efficient upgrades at the 421,112-square-foot, four-story facility, which will support a 35-megawatt power capacity.

Construction commenced in late 2024, with completion expected in March 2026. The project includes converting nearly 150,000 square feet into a multi-tenant technology hub. Multiple tenants, including AI firm Nebius, have signed leases. The C-PACE loan will fund critical improvements for the center's cooling and electrical infrastructure, aligning with Patmos's business model focused on sustainability and efficiency.