Dive brief:
- Databank, a Dallas-based colocation data center provider, has secured $2 billion in funding to promote its main expansion projects, according to a press release dated October 15.
- The funding will be used to build 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 by AI workloads and cloud technologyaccording to the company.
Diving knowledge:
Databank’s move to expand capacity aligns with increasing pressure on the construction industry to deliver complex and large-scale projects on time amid supply chain and labor shortages. This should keep increasing, com demand for AI and hyperscale cloud services continue to soar.
Databank’s proposed Dallas facility, for example, reflects that The growing role of Texas as a technological infrastructure center. Dallas-based Rogers–O’Brien Construction is the general contractor for 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 mission-critical IT power. Phase 2 of the project will increase that capacity to a total of 480 megawatts in 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 house 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 from the first quarter of 2027, according to the colocation data center provider.
In Atlanta, the Databank campus project covers 95 acres and will be able to accommodate two facilities for about one million gross square feet of data center space. Birmingham, Ala.-based Brasfield & Gorrie is the general contractor, according to Databank. The company expects the facility to be operational in the second quarter of 2027.
