DataBank expands facilities in hot Atlanta, Dallas data center markets
DataBank, a provider of enterprise-class colocation, interconnection, and managed cloud services, is again adding space to facilities in Georgia and Texas. The two markets are among the top ten most active data center markets in the US and exemplify how markets that used to be outlying from a geographic perspective are becoming the center for new waves of cloud and enterprise expansion.
DataBank announced the addition of more than 22,000 sq. ft. of data center space to its ATL3 facility. The expansion is expected to reach completion in the second quarter of next year. DataBank noted that the Atlanta market has seen data center leasing activity increase 92% in the first half of 2021 alone, citing healthcare IT, fintech, logistics, and manufacturing as key market verticals showing growth.
According to CBRE’s North American Data Center trends report for 1H 2021, Atlanta saw the third-most data center leasing activity in North America, with 15.0 megawatts (MW) of net absorption. Net absorption (or consumption) of power is considered an indication of data center leasing activity.
“We’re excited to add this much-needed capacity to the Atlanta market,” says DataBank Vice President of Construction Tony Qorri said in a prepared statement. “The construction project will increase the IT capacity of the site from 1.5MW to 6MW, and increase total raised floor space to 72,000 SF. We expect many of our current clients to take advantage of the newly available capacity as the construction carries on.”
After billion-dollar investments from major cloud and OTT players, Atlanta is emerging as the internet hub of the southeast United States, Qorri noted.
“We invested in Atlanta when it was viewed as a secondary market, but it is outgrowing that now,” Qorri said. “It’s a top data center market, and we love being in the middle of it.”
The company is in the middle of more growth in another key market — Dallas. Though Dallas’ growth actually declined compared to 2020, there was still 3.7 MW of net absorption in 1H 2021 according to CBRE and the market is number 10 on the list of most active markets.
DataBank said it was embarking on the fourth expansion of its DFW3 facility, its newest Uptime Certified Tier III Data Center. DFW3 is home to DataBank’s FedRAMP-certified cloud platform.
The expansion will provide an additional 22k square feet of space to the DFW3 data center and 3MW of power. The expected completion date is set for Q2 2022.
Comments