Construction Magazine October 2017 | Page 54

While DataBank has made its intentions to grow into secondary or ‘ edge ’ markets clear , its homes state of Texas – very much a primary market – remains hugely important to the business . It recently announced the acquisition of Stream Data Centers ’ latest development in Legacy Business Park – known as DFW-3 . The state-of-theart , multi-tenant , Tier-3 data center in Plano , will offer Dallas area businesses a new highquality option for outsourced data center capacity in the rapidly growing Legacy business corridor . Located on an owned 16-acre site , the initial building will comprise 145,000 sqft with 60,000 sqft of white-space and the ability to expand to 265,000 sqft and 120,000 sqft of whitespace . “ The Plano submarket is one of the hottest office parks in the US right now . A lot of companies are moving either their headquarters or material or a substantial portion of their business to that area ,” says Ooley . “ And for example , Toyota , Liberty Insurance , these are companies that have moved a lot of their operations to that submarket . We wanted to be right in the heart of it . “ Texas has sold itself number one as being a very businessfriendly state . Two , I think from an affordability standpoint , relative to the coast , California , New York , the cost of doing business here is still very affordable . There ’ s a huge talent pool here . From really , across the board . This is a big telecommunications and hightech hub , so it ’ s just a good labour pool from which to tap . it ’ s just a really good place to do business .”
DATABANK LTD

BIG IN TEXAS

While DataBank has made its intentions to grow into secondary or ‘ edge ’ markets clear , its homes state of Texas – very much a primary market – remains hugely important to the business . It recently announced the acquisition of Stream Data Centers ’ latest development in Legacy Business Park – known as DFW-3 . The state-of-theart , multi-tenant , Tier-3 data center in Plano , will offer Dallas area businesses a new highquality option for outsourced data center capacity in the rapidly growing Legacy business corridor . Located on an owned 16-acre site , the initial building will comprise 145,000 sqft with 60,000 sqft of white-space and the ability to expand to 265,000 sqft and 120,000 sqft of whitespace . “ The Plano submarket is one of the hottest office parks in the US right now . A lot of companies are moving either their headquarters or material or a substantial portion of their business to that area ,” says Ooley . “ And for example , Toyota , Liberty Insurance , these are companies that have moved a lot of their operations to that submarket . We wanted to be right in the heart of it . “ Texas has sold itself number one as being a very businessfriendly state . Two , I think from an affordability standpoint , relative to the coast , California , New York , the cost of doing business here is still very affordable . There ’ s a huge talent pool here . From really , across the board . This is a big telecommunications and hightech hub , so it ’ s just a good labour pool from which to tap . it ’ s just a really good place to do business .”
54 October 2017