Investors are increasingly funding data center growth in smaller cities like Chattanooga and Greenville as well as the huge cloud clusters in Northern Virginia. Regional developer DC BLOX has lined up $187 million from Bain Capital Credit and Post Road Group.
Microsoft is finalizing plans for a data center campus near Atlanta, according to local economic development officials, who this week authorized tax incentives and a $420 million bond resolution to support the project.
Data center activity is accelerating in the Greater Atlanta market, with strong leasing in the third quarter by QTS Data Centers and Switch, and a substantial expansion by Facebook.
Facebook will invest $1 billion to add three huge data center buildings to its campus in Georgia. The construction project will add 1.5 million square feet of capacity.
Data center developer Digital Realty and edge computing specialist Vapor IO are rolling out an “edge-to-core” offering in Chicago, Dallas and Atlanta. It’s an early examples of integration between edge computing and data centers.
QTS Realty has signed a 12-megawatt lease with a hyperscale customer, which will become the anchor tenant in a new data center building on the company’s Metro Atlanta campus.
How will data centers fit into the smart cities of the future? DataBank provides a preview with its new Atlanta data center, which features a liquid cooled HPC center and will reuse server waste heat and include a microgrid.
Financial services is a target market for Flexential as it adds capacity in Atlanta’s “Transaction Alley” in the latest phase of a broader expansion of its national footprint.
More huge data centers are coming to the suburbs of major American cities, shifting servers closer to consumers in places like Dallas, Chicago, Atlanta and Phoenix.
The Atlanta data center market is becoming a hub for new development, and Facebook’s recently announced plans to build a $750 million data center near Atlanta make it clear the region has emerged as the hot new industry destination.