Development has commenced on a new data center campus south of Downtown Dallas.
Skybox Datacenters has partnered with Bandera Ventures and Principal Asset Management on a joint venture to develop a new 115-acre data center campus in Dallas — “one of the fastest-growing data center submarkets in the nation” — according to a news release.
The one-million-square-foot data center, known as “PowerCampus Dallas,” will boast up to 300 megawatts of power supported by a private onsite substation.
“The campus is surrounded by some of the strongest infrastructure in the region, providing seamless interconnections and unparalleled expansion capabilities,” reads the press release.
PowerCampus Dallas will raise the bar in the North Texas data center market, according to Rob Morris, CEO of Skybox Datacenters.
“This partnership brings together expertise in multiple disciplines that are critical for delivering significant capacity in this dynamic data center market,” said Morris.
The Dallas-Fort Worth market is already one of the nation’s leading data center hubs due to its network availability to major metros as well as its close proximity to cloud providers and exchanges.
“The partnership with Skybox and Bandera continues Principal’s long commitment to the data center sector,” said Ben Wobschall, managing director of real estate at Principal Asset Management.
With over $3 billion committed to the data center sector over the past 17 years, Wobschall said the joint partnership with Skybox and Bandera will continue the company’s long commitment to the data center sector.
“We’ve been able to witness the evolution of the sector first-hand and are excited to utilize strategic partnerships like this one to drive continued success for our clients and customers,” said Wobschall.
Demand for data centers in DFW is on the rise. In 2019, technology giant Google broke ground on a $600 million data center in Midlothian.
“Google is proud to call Texas home to one of our data centers,” the technology company says on its website.
Siemens recently announced plans to invest $150 million in building a high-tech manufacturing plant in Fort Worth. The new plant “will meet booming demand for the electrification of critical infrastructure,” such as data centers, battery plants, semiconductor facilities, and electric vehicle charging, as reported by The Dallas Express.
