Iron Mountain to Build 550 KSF Phoenix Data Center
- Jul 13, 2018
Iron Mountain has started construction work on a second data center at its Phoenix campus. The company is building on an adjacent 9-acre land parcel and is estimating a total investment of $430 million over the next five years. The 30-acre Phoenix data center campus will have a combined potential capacity of approximately 100 megawatts.
Iron Mountain took ownership of the data center at 615 N. 48th St., along with development land and three other facilities in Arizona, in the $1.3 billion acquisition of IO Data Centers’ U.S. operations. The new building will total 550,000 square feet, doubling the raised-floor space available on the campus. A two-phase development plan is underway, with an initial delivery of 24 megawatts slated for June 2019.
Upon full buildout, the facility will provide 48 megawatts of IT capacity and will meet industry-specific standards such as ISO 27001, FISMA High, PCI-DSS Level 1, HIPAA, SOC 2 Type II and SOC 3. Iron Mountain is marketing the data center towards public cloud providers, financial services, aerospace and technology companies. Clients will be able to access more than 25 carriers and network connectivity providers.
The expansion will bring the company to just under 300 megawatts delivered globally across several markets. Arizona offers some powerful benefits for data center operators and developers, in the form of potential tax abatements which can be extended for up to 20 years for facilities certified by the Arizona Commerce Authority.
“As one of the fastest growing major markets in the U.S. and the 12th largest data center market globally, this expansion opportunity in the Phoenix area is an exciting one for us. The campus will meet the growing demand from hyperscale, public cloud and global enterprise organizations that appreciate the Phoenix market’s unique combination of low power costs, outstanding tax efficiency and low geographic and weather-related risks,” said Rick Crutchley, vice president & general manager of western region, Iron Mountain, in a prepared statement.
Rendering courtesy of Iron Mountain