New Developer Building US, Canadian Data Centers
PointOne Developments has announced the official launch of its global real-estate branch, PointOne Development Corp., which specializes in hyper-scale data center campuses designed to meet the growing demands of the cloud-based technology market.
In their announcement PointOne said the company's proprietary design and build strategy includes modular mechanical and electrical systems which can streamline construction time to less than 180 days. PointOne's design strategy also supports a low cost-per-megawatt for capital construction and operating expenses. These leading-edge design innovations position the company to offer competitive leasing rates backed by favorable power purchase agreements (PPAs) and service level agreements (SLAs) for uptime and utility expense, the company noted.
Development on two strategic PointOne property acquisitions in North America is already underway: Remington Technology Park (RTP), situated on 234 acres in Remington, Virginia, is supported by 300MW of utility power. The RTP property's proximity to Ashburn and Virginia Beach ensures data connectivity to both terrestrial and sub-sea fiber optic cables. Black & Veatch will provide site feasibility and design-build services for this property.
PointOne’s second data-center campus development, Morgan Creek Technology Park (MCTP) covers 307 acres in Acheson, Alberta, five miles west of Edmonton and will be supported by 240MW of utility power. PointOne said the MCTP property is optimally located at the intersection of long-haul fiber optic cables running from Vancouver, British Columbia to Edmonton, and from Edmonton to Halifax, Nova Scotia. MCTP will also be the home of a new hardened International Internet Business Exchange (IBX) that will enable connectivity to new and existing fiber optic cables. This connectivity allows clients operating globally to leverage existing and pending data anonymity requirements.
PointOne said it has established investment partners and secured funding for data center development and related investments up to US $7.5 billion, a figure that it believes empowers the company to fully and rapidly execute their long-range vision and mission. The company is moving quickly to evaluate additional properties capable of supporting data center campus designs requiring 150MW to 300MW of power. Sites currently under consideration are located in the U.S. (Quincy, WA; Chicago, IL; Fort Collins, CO; Kansas City, MO); Australia (Perth, Sydney); Ireland (Dublin); and the UAE (Dubai).