HMC Capital

Data Center Signal is tracking 2 clips about HMC Capital data center developments across 1 states, including CA.

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Monterey Park, California, passes first citywide data center ban in the nation
News ClipBisnow·Monterey Park, Los Angeles County, CA

Monterey Park, California, passes first citywide data center ban in the nation$

Monterey Park, California, has decisively passed the nation's first permanent citywide data center ban, with over 86% of voters in favor. This measure, known as Measure NDC, prohibits all data centers within city limits and can only be overturned by another citywide vote. The ban follows organized resident pushback and a prior moratorium, leading to the withdrawal of a proposed 250,000-square-foot data center project by HMC Capital.

6/3/2026
Map of California data centers: See where projects are operating or planned near you
News ClipSan Francisco Chronicle·CA

Map of California data centers: See where projects are operating or planned near you

California faces significant challenges in data center development, including high energy costs, power availability issues, and substantial water usage concerns. Despite these hurdles, two dozen data centers are planned, with some projects exploring off-grid power solutions like fuel cells. Local opposition has led to construction moratoriums and project withdrawals in cities like Monterey Park, while state legislators are introducing bills to increase regulation on data centers.

4/11/2026