Dive Brief:
- Databank, a Dallas-based colocation data center provider, has secured $2 billion in funding to drive its major expansion projects, according to an Oct. 15 news release.
- The funding will be used to construct three new data center campuses: a 480-megawatt facility in Dallas, a 192-megawatt facility in Culpeper, Virginia, and a 120-megawatt campus in Atlanta.
- These projects, as well as expansions in other markets, will add 850 megawatts of power to Databank’s portfolio, tripling its current capacity for AI and cloud technology workloads, according to the company.
Dive Insight:
Databank’s move to expand capacity aligns with the increasing pressure on the construction industry to deliver complex, large-scale projects on time amid supply chain and labor shortages. That should keep rising, as demand for AI and hyperscale cloud services continues to skyrocket.
Databank’s proposed Dallas facility, for example, reflects Texas’ growing role as a hub for tech infrastructure. Dallas-based Rogers–O’Brien Construction is the general contractor on the project, according to Databank.
Phase 1 of the Dallas project will feature four buildings and a 400-megawatt substation that can deliver up to 240 megawatts of critical IT power. Phase 2 of the project will increase this capacity for a total of 480 megawatts across eight buildings, according to Databank. The firm expects the campus to be ready for service in the third quarter of 2026, according to the company.
In Culpeper, Virginia, the proposed 85-acre campus will accommodate up to three facilities totaling about 1.4 million square feet. Databank selected New York-based AECOM Tishman as the general contractor, and expects the project to come online beginning in the first quarter of 2027, according to the colocation data center provider.
In Atlanta, Databank’s campus project covers 95 acres and will be capable of hosting two facilities for about 1 million gross square feet of data center space. Birmingham, Alabama-based Brasfield & Gorrie is the general contractor, according to Databank. The company expects the facility to start operations in the second quarter of 2027.