Plano Attracts Data Center, Office Projects
- Dec 13, 2011
Lincoln Property Co. and Atlanta-based T5 Data Centers are planning a large data center in a master-planned business, retail and residential park located in Plano.
The development will include 150,000 square feet on a 20-acre site, built specifically for data center use. The project also includes a 129,000-square-foot data center with a raised floor that will provide suites separate from the equipment in the building, allowing tenants to have secure and dedicated electrical, mechanical and fiber infrastructure. The wholesale data center will generate 18 megawatts of power at full build-out. Additionally, the project will include as much as 30 megawatts of redundant power fed from separate substations, according to a T5 Data Centers news release.
T5 will develop the building in several phases, delivering 3 megawatts of critical power in phase I by June 2012. The Dallas Business Journal reported that the facility could cost between $129 million and $167 million–maybe more.
In other real estate news, Heady Investments has recently broken ground on a six-story office building at Legacy Town Center in Plano. Construction of the 164,000-square-foot building is expected to be complete by December 2012. The developer, which secured construction financing of $16 million for the project earlier this year, told the Dallas Business Journal the building has attracted tenant interest. Project costs are estimated to rise to about $26 million, when the two phases are completed.
A second phase will be named Headquarters II at Legacy Town Center and will include a six-story, 185,000-square-foot Class A office building. The designer of the two phases is ANPH Architects, while the general contractor is Ed Henry Building & Engineering.