Stream Data Centers to Build Hyperscale Facility in DFW
- Apr 18, 2018
Stream Data Centers has acquired a 23-acre parcel in Garland, Texas, for the development of its seventh data center in the Dallas-Fort Worth market, and 11th facility in the state of Texas. Construction will begin immediately at the hyperscale facility, which will eventually deliver 40 megawatts of critical power.
The DFW VII hyperscale data center is aimed at cloud and enterprise customers alike. The expandable facility will have an initial 140,000 square feet of data center space. The entire campus will total 400,000 square feet, leaving about 14 acres for future development, located on Lookout Drive. Oncor Electric Delivery will provide an on-site substation, which will power the data campus via two 40-megawatt feeds.
Abundant network providers are available to choose from. Dallas-Fort Worth is the third largest data center market in the U.S. by current absorption rates, according to JLL’s 2018 Data Center Outlook. Stream Data Centers’ DFW VII will have two separate telco entrances, providing access to a mix of local, long haul, dark and lit fiber. Over 100 network and cloud providers will be available to choose from.
Texas tech incentives
Stream Data Centers stated that it aims to meet Texas’ House Bill 1223 requirements. The bill is aimed at data center providers and grants them a 10- or 15-year sales tax exemption. Consequently, Stream will have to invest at least $200 million over the first years following required certifications and create at least 20 new full-time jobs that pay 120 percent of the existing county pay rate to qualify for the exemption. In case the investment is more than $250 million, the period is extended to 15 years.
Stream is currently one of the main players in the Dallas-Fort Worth data center market. It operates six other facilities in the area, and a total of 10 in the state of Texas—a mix of private, ready-to-fit, retail colocation and hyperscale facilities.
“Our new development in Garland seeks to address the growing needs of cloud companies and enterprise users in and around the Dallas market. We believe that our DFW VII data center will meet the needs of companies looking for highly secure and resilient data center space with low-latency connectivity in the Dallas market,” said Paul Moser, co-managing partner at Stream, in a prepared statement.
Video courtesy of Stream Data Centers