A few days ago the California Political News and Views published a story showing that Massachusetts and Maryland led California in technology companies. Now we have Texas and Northern Virginia leading California in the creation of the massive data centers. While Silicon Valley may be the creative capitol of the world for technology, it is the other States and nations where the technology is built and used. Could it be the highly paid tech folks do not want to pay the highest taxes in the nation? Even Maryland and Massachusetts have lower taxes than the former Golden State.
“As corporate America looks to secure its data and upload that secure cloud-based data to data centers, Bond said the trend will continue. This year, Dallas-Fort Worth has already added 25 megawatts of space and power.
Typically, North Texas adds about 20 megawatts of space and power for a year. By the end of 2014, Dallas-Fort Worth could add a total of 40 megawatts — which has doubled the historical figure, he said.
“Dallas and North Virginia are leading the nation for data center demand,” Bond told me. “We’ve seen a large swath of enterprise users taking space in the Dallas market.”
Why? Because Texas is growing real jobs while California is growing Brown/Obama jobs (part time low pay). As Obama says, elections have consequences—Texas has Rick Perry, we had Arnold and now Jerry.
Why more data center giants want to come to DFW
Candace Carlisle, Dallas Business Journal, 11/15/14
This year, data center construction is expected to double in Dallas-Fort Worth — a trend that’s expected to continue in the foreseeable future as data center giants eye the region to build new facilities.
Currently, there’s 155,000 square feet or 25 megawatts of data center space under construction in North Texas, with another 592,000 square feet or 80 megawatts planned in the future, according to JLL’s Data Center Outlook for 2014. While some may think this is high, about 60 percent of that space under construction is already leased to companies.
“Dallas has been growing rapidly and it will continue to grow,” Bo Bond, a managing director at JLL, who specializes in data center real estate, told the Dallas Business Journal.
“There is a lot of construction in this market and there could potentially be another national data center provider or two entering the market,” he added. “This would be very positive for the region.”
So, where are developers building in Dallas-Fort Worth? That’s because tenants are demanding more space for their cloud-based data. Here’s a breakdown of the industries:
- Technology: 25.0%
- Telecom: 5%
- Retail and e-commerce: 5%
- Banking & Financial Services: 20%
- Health care: 10%
- Insurance: 35%
As corporate America looks to secure its data and upload that secure cloud-based data to data centers, Bond said the trend will continue. This year, Dallas-Fort Worth has already added 25 megawatts of space and power.
Typically, North Texas adds about 20 megawatts of space and power for a year. By the end of 2014, Dallas-Fort Worth could add a total of 40 megawatts — which has doubled the historical figure, he said.
“Dallas and North Virginia are leading the nation for data center demand,” Bond told me. “We’ve seen a large swath of enterprise users taking space in the Dallas market.”
That demand for data center space is tied to the region’s growing job market as companies expand and move to North Texas.
In October, data center provider QTS gave the Dallas Business Journal a tour of their 700,000-square-foot facility they redeveloped from a former semiconductor plant. Want to check out the latest in data center offerings? Take a look at our attached slideshow.
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