DataBank to build $256m data center in Dallas, Texas.

DataBank to Build $256 Million Data Center in Dallas, Texas

DataBank, a US colocation firm, is set to build a new data center in Dallas, Texas. The company plans to invest $256 million in the construction of its fifteenth Texas data center, which will be located on Stainback Road in Red Oak, Ellis County. The news was first reported by Dallas Morning News, and the proposed facility, known as DFW9, will span over 425,000 square feet and will be designed by JHET Architects.

Construction of the new data center is scheduled to begin in September, with completion expected in the first quarter of 2027. DataBank currently operates seven data centers in Dallas, with a total IT capacity of 33.3MW. The flagship DFW3 facility in Plano offers 13.5MW of capacity across 16 acres. Google and Compass also have a presence in the Red Oak area, making it a hub for data center operations.

The decision to build the new data center comes after DataBank secured a $725 million credit facility in April, as well as a $456 million green bond in February. The company stated that the new capital would fund ongoing expansion and development projects. With the increasing demand for data storage and processing capabilities, DataBank’s investment in a new state-of-the-art facility in Dallas reflects the company’s commitment to meeting the evolving needs of its customers in the region.

Key Points:
– DataBank is planning to build a $256 million data center in Dallas, Texas, with construction set to begin in September.
– The new facility, DFW9, will span over 425,000 square feet and is designed by JHET Architects.
– DataBank already operates seven data centers in Dallas, with a combined IT capacity of 33.3MW.
– The company secured a $725 million credit facility in April and a $456 million green bond in February to fund expansion projects.
– The new data center build in Dallas reflects DataBank’s commitment to meeting the growing demand for data storage and processing capabilities in the region.

In conclusion, DataBank’s upcoming data center project in Dallas, Texas, signifies the company’s continued growth and commitment to providing advanced data storage and processing solutions for its customers. With construction set to begin soon, the new facility, DFW9, is expected to further solidify DataBank’s presence in the Dallas data center market and meet the increasing demand for reliable and secure data infrastructure.

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