Meta’s $10B Investment Highlights Growing Demand for Infrastructure Real Estate

A major investment in artificial intelligence infrastructure is underscoring how real estate demand continues to expand beyond traditional sectors. Meta plans to invest approximately $10 billion to build a new data center campus in El Paso, Texas. The project is expected to reach 1 gigawatt of capacity by 2028, making it one of the company’s largest developments.

The move reflects increasing demand for data processing capacity driven by rapid growth in AI technologies.

KEY POINTS

• Meta plans to invest $10 billion in a new AI data center campus.
• The facility is expected to reach 1 gigawatt capacity by 2028.
• Growth is driven by increasing demand for AI and cloud computing.
• Data centers are becoming a significant real estate asset class.

Why This Matters Locally

While Aspen’s market focuses on luxury residential real estate, broader shifts in capital allocation highlight evolving demand across property types. Infrastructure-driven development trends can influence how investors approach real estate across multiple sectors.

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By: Katie Tarasov | CNBC | March 26, 2026