Thursday, October 19, 2017

Vantage Data Centers unveils $1bn data centre beast

This is the company’s first major expansion project since Digital Bridges acquisition in March.

Digital Bridge’s Vantage Data Centers has unveiled plans to build a $1bn data centre campus in Ashburn, Virginia, to curb local demand and take advantage of the existing regional infrastructure including fiber points.

The data centre project in what is known as the “Data Center Alley” is expected to deliver a 108MW wholesale group of facilities across a 42-acre piece-of-land.

On total, the company plans to have 720,000 sqf of data centre space available for commercialisation in data centre buildings of up to five stories high.

Design and permitting for the new campus are under way, with construction expected to begin in early 2018. The first of five planned buildings will total 24MW of capacity.

Vantage President and CEO, Sureel Choksi, said: “Vantage’s expansion to Northern Virginia is in direct response to demand from our cloud and large technology enterprise customers, who have expansion plans on the east coast.

“We are very excited to expand beyond the west coast to a third market, with our largest data centre campus to date.  Northern Virginia is a vital and strategic market for our customers and company.”

Vantage, which was acquired by a consortium which includes Digital Bridge Holdings, LLC, Public Sector Pension Investment Board and TIAA Investments, last March in a deal topping over $1bn, has since speeded up its expansion strategy.

Although the 108MW data centre development is one of the company’s largest to date, Vantage has also broken ground on a 15MW expansion at its Santa Clara campus.