Hudson Interxchange has signed a new five-year customer contract at its flagship data center at 60 Hudson Street in New York City, with an AI-focused GPU cloud computing provider set to lease up to 3.8 megawatts of capacity at the building widely regarded as the most interconnected commercial facility in New York.

A Deal Built Around AI Demand

The new customer, described as a provider of high-density GPU cloud computing infrastructure for AI workloads, has contracted 1.8MW of capacity with a right of first refusal over an additional 2MW.

The five-year agreement is expected to commence in September 2026, beginning with an initial deployment of 450 kilowatts of high-density racks, with full deployment anticipated by December 2026.

Cordiant Digital Infrastructure, the Montreal-based investor and operator that owns Hudson Interxchange, announced the deal this week alongside an expansion order from an existing customer.

Together, the company says, the two contracts are expected to bring Hudson significantly closer to financial breakeven once fully deployed.

Atul Roy, interim CEO of Hudson and head of telecoms strategy at Cordiant Digital Infrastructure Management, said the signing validates the company's strategy of investing in high-density capacity at 60 Hudson Street.

"With billing commencing in September and full deployment expected by December, this agreement, together with continued expansion from our existing customers, brings Hudson significantly closer to breakeven and lays the foundation for the next phase of the company's growth," Roy said.

Sixth Floor Build-Out Triggered

To fulfill the pre-sold capacity commitments, Hudson will need to complete construction of the last two halls on its sixth floor.

That floor carries 3.5MW of leaseable capacity in total, of which 900 kilowatts had been previously contracted before this week's announcement.

With the addition of the new customer contract and the expansion order from the existing tenant, total contracted IT capacity on the sixth floor will reach approximately 2.8MW, representing around 80 percent of the floor's saleable capacity.

The construction requirement tied to the new contract underlines the extent to which near-term demand is now actively driving buildout decisions at the facility, rather than speculative development.

60 Hudson Street: A Premium Interconnection Hub

The location itself is central to Hudson Interxchange's pitch to prospective tenants. 60 Hudson Street hosts more than 300 carriers and is considered the most interconnected commercial building in New York City.

That density of connectivity makes it a particularly attractive location for AI and high-performance computing workloads that depend on low-latency access to network infrastructure.

Hudson Interxchange has access to approximately 290,000 square feet of space across four floors of the building.

The company owns its own power infrastructure within the building, with a direct feed providing access to 15 megawatts of power capacity.

Hudson Interxchange's History and Ownership

Hudson Interxchange was founded in 2011 and operated for years under the name DataGryd Data Centers. In 2022, Cordiant Digital Infrastructure acquired the business and rebranded it under the Hudson name.

The acquisition was one of six that Cordiant Digital Infrastructure has completed since its founding. Cordiant Digital Infrastructure Limited was founded in 2021 and is headquartered in Montreal, Canada.

It is a subsidiary of Cordiant Capital Inc., an investment firm also based in Montreal that was established in 1999.

The publicly traded company invests in and operates digital infrastructure including data centers, fiber-optic networks, and communications towers across North America and Europe.

Cordiant Capital Inc. describes its investment focus as middle-market "Infrastructure 2.0," encompassing digital infrastructure, energy transition infrastructure, and the agriculture value chain.

It serves as the appointed investment manager for Cordiant Digital Infrastructure.

Neocloud Sector Eyes Colocation Space

While the identity of the new customer was not disclosed, the description of a provider of high-density GPU cloud computing infrastructure for AI workloads places the tenant firmly within the neocloud segment, a category of companies that have emerged in recent years to offer GPU-as-a-service and cloud infrastructure specifically optimized for artificial intelligence training and inference workloads.

The neocloud sector has become an increasingly significant source of demand for colocation providers as these companies seek to rapidly scale capacity without bearing the full capital burden of building and owning facilities outright.

The right-of-first-refusal clause covering an additional 2 MW in Hudson's contract indicates the new tenant is positioning for potential future growth beyond its initial 1.8 MW commitment.

Financial Significance for Cordiant

The dual announcements, the new customer win and the existing customer expansion,

carry direct financial implications for Cordiant's Hudson asset. Cordiant stated explicitly that the contracts, once fully deployed, are expected to bring Hudson much closer to breakeven.

The September billing commencement date for the initial 450-kilowatt deployment means revenue from the contract is expected to begin flowing within weeks of the announcement.

For a facility of 60 Hudson Street's scale and interconnection pedigree, reaching breakeven would represent a meaningful operational milestone, particularly as Cordiant describes the development as laying the foundation for the next phase of the company's growth at the site.