COLORADO SPRINGS, Colo. (April 23, 2013) – T5 Data Centers, innovators in providing state-of-the-art, customizable and highly reliable computing support environments for any enterprise, has started construction on T5@Colorado, its sixth data center complex, in Colorado Springs.
The new $800 million data center campus will be situated on 64 acres and promises to offer businesses high reliability at lower operating costs while boosting job creation in the area. Completion of the first phase of the project is expected by Q1 2014.
T5@Colorado is a purpose-built data center park designed to meet the immediate Information Technology needs of modern business with the flexibility to grow for the future. The data center campus promises 100 MW of available power with sustainable, eco-friendly design capabilities and offers power rates of $0.0444 per kilowatt-hour with the potential to utilize free cooling over 97 percent of the year. It will be ideal for either single-tenant enterprise users or wholesale colocation with Tier II, III, or IV capability and unlimited design flexibility to service requirements as diverse as cloud, big data or high performance computing.
T5 continues to develop state-of-the-art data centers in strategic locations to deliver maximum capacity, security and service with minimal operating overhead. The new Colorado Springs campus will be able to take advantage of the high plains climate by using the cooler, drier external air to reduce air conditioning and operating costs. The location also is strategically placed close to the Denver Technology Center, a technology and telecommunications hub, and will serve as a central data relay center to lower latency for business-critical enterprise applications from coast to coast.
T5 executives anticipate that the new data center campus will create 400 – 600 new high-paying jobs in the area. Industry research indicates that for every job directly created by the data center, there are five jobs created indirectly.
“Colorado Springs is the ideal location for the next phase of our expansion,” said Peter Marin, President and CEO of T5 Data Centers. “This is a vibrant, growing area with a strong and supportive business climate, and the proximity to Denver, as well as local colleges and military installations, gives us access to terrific talent and local resources. We want this new data center campus to be groundbreaking as an eco-friendly green facility, offering our customers the best possible enterprise infrastructure and support services at competitive rates.”
Cloud computing and data processing continue to be growth markets. A report by Biggins Lacy Shapiro & Co. predicts that new construction for large enterprise data centers will increase from $6 billion in 2012 to $12 billion by 2015. According to International Data Corporation, spending on cloud computing services was expected to grow from $16.2 million in 2008 to $42 million by the end of 2012, making the IT industry and data processing the fastest growing industry in the United States.
About T5 Data Centers
T5 Data Centers (T5) is a leading national data center owner and operator, committed to delivering customizable, scalable data centers that provide an “always on” computing environment to power mission critical business applications. T5 Data Centers provides enterprise and wholesale colocation data center services to organizations across North America using proven, best-in-class technology and techniques to design and develop facilities that deliver the lowest possible total cost of operations for its clients. T5 currently has business-critical data center facilities in Atlanta, Los Angeles, Dallas, and Charlotte with new projects announced in Portland and Colorado. All of T5’s data center projects are purpose-built facilities featuring robust design, redundant and reliable power and telecommunications and have 24-hour staff to support mission-critical computing applications.