April 12, 2026
400 Projects, Two Unanswered Questions, One Legislative ClockMonterey Park, California, faces a June ballot measure to ban data centers outright after HMC StratCap withdrew its application.
Companies
HMC StratCap
HMC StratCap is a real estate investment firm that has developed data center properties in Texas, including facilities in the Dallas-Fort Worth area.
Referenced in 2 briefingsLast referenced: April 12, 2026
Mentions
March 17, 2026
Virginia Led. Now New Jersey and Illinois Want Hyperscalers to Pay the Grid Bill.Monterey Park, California froze applications after adopting CEQA-style environmental review mandates that killed HMC StratCap's $400 million Saturn Business Park project mid-transaction.
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