Status: Under Construction / Active Infrastructure Installation (Status: May 2026) | Location: 900+ Acre Contiguous Master-Planned Site, Harwood, ND 58042
Moving rapidly through its heavy civil construction phase in May 2026, Polaris Forge 2 is Applied Digital’s massive $3 billion foundational AI factory development. Spanning over 900 acres of open industrial land near Fargo, the facility is being built specifically to house next-generation AI training and massive LLM inference workloads. In March 2026, Applied Digital successfully priced a massive $2.15 billion issuance of senior secured notes to fully lock in construction capital for the site's initial 200 MW build block. The entire phase 1 footprint is locked into an exclusive, 15-year take-or-pay lease agreement worth roughly $5 billion in base-term revenue with a premium, confidential U.S.-based investment-grade hyperscaler. Architecturally departing from old multi-tenant corporate data storage, the campus utilizes Applied Digital's proprietary waterless layout design. By deploying extensive direct-to-chip liquid cooling loops and advanced closed fluid systems, the multi-building campus eliminates traditional evaporative water waste entirely while packing massive energy loads safely into dense GPU rack configurations.
| Field | Value |
|---|---|
| Project Name | Polaris Forge 2: $3B Harwood AI Factory Mega-Campus |
| Location | 900+ Acre Contiguous Master-Planned Site, Harwood, ND 58042 |
| Status | Under Construction / Active Infrastructure Installation (Status: May 2026) |
| Project Type | Purpose-Built Wholesale AI Factory & Deep Learning Supercomputing Hub |
| Commissioning | 🔒 Subscriber Intelligence |
| Total IT Load | 🔒 Subscriber Intelligence |
| Total Capacity | 🔒 Subscriber Intelligence |
| Tier Level | 🔒 Subscriber Intelligence |
| Header | Details |
|---|---|
| City Name | Harwood |
| Population | 8,500 (approx.) |
| Urban Agglomeration | 9.4 million+ (Chicago Metropolitan Area) |
| Economic Profile | 🔒 Detailed city intelligence available to subscribers |
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