PDG SE1: $700M 48MW Incheon Hyperscale AI Campus

Status: Active / Under Core Civil Construction & Excavation (Tracking June 2026)   |   Location: 414-2 Cheongcheon-dong, Bupyeong-gu, Incheon, 21311, South Korea

Project Overview

The Princeton Digital Group SE1 Incheon Campus (also tracked via development partner codes as the KR1 Data Center) is a flagship 48 MW hyperscale asset currently under construction at 414-2 Cheongcheon-dong in Incheon's Bupyeong district. Representing pan-Asian operator Princeton Digital Group’s (PDG) high-profile entry into the South Korean market, this $700 million USD project is the foundation for a massive 500 MW national sovereign AI and cloud infrastructure rollout. Advancing rapidly through site mobilization, heavy civil excavation, and structural foundation laying in mid-2026, the 9-story facility is being built under a strategic real asset partnership. ESR Group and Seoul-based Wide Creek Asset Management are co-developing the core and shell, while PDG oversees the specialized high-density interior fit-out and ultimate operations. Situated roughly 25 kilometers (a 40-minute network loop) southwest of central Seoul, SE1 successfully bypassed the region's acute grid bottleneck by fully contracting its power allocation early. The campus is engineered explicitly to process high-intensity generative AI matrices, supplying international hyperscalers with scalable hardware blocks in a hyper-constrained tier-1 market.

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