Dive Temporary:
- Databank, a Dallas-based colocation knowledge middle supplier, has secured $2 billion in funding to drive its main enlargement initiatives, in keeping with an Oct. 15 information launch.
- The funding can be used to assemble three new knowledge middle campuses: a 480-megawatt facility in Dallas, a 192-megawatt facility in Culpeper, Virginia, and a 120-megawatt campus in Atlanta.
- These initiatives, in addition to expansions in different markets, will add 850 megawatts of energy to Databank’s portfolio, tripling its present capability for AI and cloud know-how workloads, in keeping with the corporate.
Dive Perception:
Databank’s transfer to develop capability aligns with the rising strain on the development business to ship complicated, large-scale initiatives on time amid provide chain and labor shortages. That ought to hold rising, as demand for AI and hyperscale cloud providers continues to skyrocket.
Databank’s proposed Dallas facility, for instance, displays Texas’ rising position as a hub for tech infrastructure. Dallas-based Rogers–O’Brien Building is the final contractor on the challenge, in keeping with Databank.
Part 1 of the Dallas challenge will characteristic 4 buildings and a 400-megawatt substation that may ship as much as 240 megawatts of crucial IT energy. Part 2 of the challenge will improve this capability for a complete of 480 megawatts throughout eight buildings, in keeping with Databank. The agency expects the campus to be prepared for service within the third quarter of 2026, in keeping with the corporate.
In Culpeper, Virginia, the proposed 85-acre campus will accommodate as much as three services totaling about 1.4 million sq. ft. Databank chosen New York-based AECOM Tishman as the final contractor, and expects the challenge to return on-line starting within the first quarter of 2027, in keeping with the colocation knowledge middle supplier.
In Atlanta, Databank’s campus challenge covers 95 acres and can be able to internet hosting two services for about 1 million gross sq. ft of information middle house. Birmingham, Alabama-based Brasfield & Gorrie is the final contractor, in keeping with Databank. The corporate expects the ability to start out operations within the second quarter of 2027.
