DataBank is constructing a 480 MW knowledge heart campus close to Dallas that can home as many as eight, two-story knowledge facilities—its largest challenge up to now—as the corporate dramatically expands its capability to satisfy the rising demand for synthetic intelligence computing wants throughout the nation.
The information heart campus, already beneath building on 292 acres of land in Purple Oak, Texas, is the third land acquisition by the Dallas-based firm up to now yr.
The corporate’s mixed growth throughout greater than 450 acres will present 5.8 million sq. toes of information heart house and 792 MW of crucial IT load throughout three websites. The opposite areas are a 95-acre, 120 MW campus in Atlanta acquired in October 2023 and an 85-acre, 192 MW campus in Culpeper, Va., acquired in November 2023.
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The three new campuses will greater than double DataBank’s portfolio. The corporate had 2.7 million sq. toes of information facilities and 375 MW of energy at its areas earlier than the acquisitions. The corporate acknowledged the growth will place it to capitalize on AI-generated colocation demand for years to return. DataBank notes the three websites shall be ultimate areas for its enterprise, massive expertise, AI and hyperscale public cloud prospects, whereas positioning the corporate for vital future progress.
Firm growth
Section 1 of the Purple Oak campus will characteristic 4 buildings and a 400 MW substation from Oncor that may ship as much as 240 MW of crucial IT energy with the power to extend this in Section 2 for a complete of 480 MW throughout eight buildings. Plans name for the preliminary part to be prepared for service by the second quarter of 2026.
DataBank acknowledged the services constructed on the Purple Oak campus will leverage its Common Knowledge Corridor Design, which can guarantee capability could be shortly deployed to satisfy the wide-ranging sustainability and efficiency necessities of all prospects together with enterprises, hyperscale cloud suppliers and rising AI functions that want the best potential energy and cooling density.
DataBank notes Purple Oak has turn out to be a significant submarket in Dallas, attracting the world’s largest cloud and expertise suppliers. DFW9 would be the firm’s ninth facility within the Dallas market, the place it additionally has its headquarters.
DataBank accomplished its third Dallas-area knowledge heart, DFW3 in Plano, Texas, in August 2018. That 145,000-square-foot facility has 13.5MW of crucial IT capability and options greater than 72,000 sq. toes of raised flooring house geared toward build-to-suit deployments.
The corporate at the moment has greater than 65 knowledge facilities in additional than 27 markets, 20 interconnection hubs and on-ramps to an ecosystem of cloud suppliers.
DataBank’s growth throughout the U.S. has been aided by a $725 million credit score facility secured in April. The capital is funding ongoing growth in current markets, together with campuses in Dallas, Denver, New York, Minneapolis and Salt Lake Metropolis. It was supported by a bunch of 14 digital infrastructure banks, together with TD Securities as the executive agent and joint lead arranger. It got here quickly after DataBank issued $456 million in secured notes in February. The issuance certified as a inexperienced bond based mostly on the tasks being refinanced assembly sustainability standards for water conservation, carbon emissions discount and energy utilization. DataBank’s aim is to be carbon impartial by 2030.
