$575M permit filed for Memphis data center project promising 250 jobs

5-C has filed a $575 million permit for the next phase of its plan to convert the former Fred’s headquarters on Getwell Road into a Memphis data center. The work would cover approximately half of the 1.1 million-square-foot building.

The company says the facility is expected to create more than 250 jobs. The project is moving forward as Memphis officials prepare to make decisions about the future regulation and development of data centers in the city.