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DataBank Announces ~$2 Billion Equity Raise. Read the press release.

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DataBank Announces New High Quality Data Center & ‘Carrier Hotel’ in Minneapolis

DataBank Announces New High Quality Data Center & ‘Carrier Hotel’ in Minneapolis

The planned 20MW facility will allow Twin Cities businesses the highest spec data center in the region with robust carrier access

Minneapolis – June 23, 2014 – DataBank Holdings, Ltd., a leading super-regional provider of data center colocation and managed services with facilities in Dallas, Kansas City and Minneapolis, has today released plans for development of a new, state-of-the-art, multi-tenant colocation data center facility in Eagan, MN. This will offer the entire Twin Cities area a diverse entry-point for data and telecommunications providers to serve the entire metropolitan area. Design and construction plans on the facility are currently underway.

DataBank worked closely with State and Local officials to fully realize the potential of such a facility and the positive impact it would have for businesses throughout the region.

“DataBank’s expansion is great news for Eagan and great news for Minnesota,” said Minnesota Governor Mark Dayton. “We welcome this new development and congratulate the company on this important project that will create jobs in our state and provide an important telecommunications service to the entire region.”

The strategic location of the facility in the City of Eagan allows DataBank to leverage both a robust and diverse power grid from Dakota Electric and Great River Energy, as well as the city’s advanced fiber-optic network that boasts a number of tier-one carriers already interconnected.

“DataBank is nationally known for its data centers and the major carriers and corporations it serves,” says Eagan Mayor Mike Maguire. “The synergy from those relationships complement and leverage our own strategic investments in AccessEagan,” a 17-mile wholesale fiber optic network open to all broadband and telecom providers. “Together, we make the region stronger and Eagan even more competitive.”

“DataBank’s planned colocation data center facility in Eagan is another sign of our region’s evolving innovation strength,” said Michael Langley, CEO of GREATER MSP (Minneapolis Saint Paul Regional Economic Development Partnership). “It’s a win-win for DataBank, the city of Eagan, our region, and the state of Minnesota.”

DataBank currently owns and operates data center facilities totaling over 180,000 square feet of data center space in the Dallas area, 15,000 in Kansas City and another 15,000 in Edina, MN. This new 88,000 square foot facility will encompass over 48,000 square feet of raised-floor data center space that will be purpose-built to the highest specifications for a multi-tenant data center in the region.

“This announcement represents an important benchmark in DataBank’s regional plan,” said Tim Moore, CEO of DataBank. “The facility infrastructure and service-level we can offer will be unparalleled in this market. This will provide a great advantage for the growth of both our current client-base as well as meet demand from a wide diversity of businesses here in the Twin Cities.” Moore continued, “This investment exemplifies our commitment to the market, and we couldn’t be more excited to be a part of this thriving business community.”

The DataBank ‘Carrier Hotel’ will employ a modular design that starts with two large scale MMRs (Meet-Me-Rooms) and the first 10,000 square foot data hall of a multi-pod configuration which will allow built-to-suit caged enclosures and private suite space to service highly customizable customer requirements. When fully completed, the facility specifications will include 20MW of utility power using diverse feeds, configured in a true 2N (complete redundancy) system with a matching on-site power generation plant, as well as a layered high-density data center power delivery system.

To learn more about DataBank data center facilities and suite of service solutions please visit the company site at www.databank.com.

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About DataBank

DataBank helps the world’s largest enterprises, technology, and content providers ensure their data and applications are always on, always secure, always compliant, and ready to scale to meet the needs of the artificial intelligence era.

Recognized by Deloitte in 2023 and 2024, and Inc. 5000 in 2024 as one of the fastest-growing private US companies, DataBank’s edge colocation and infrastructure footprint consists of 65+ “HPC-ready” data centers in 25+ markets, 20 interconnection hubs, and on-ramps to an ecosystem of cloud providers with virtually unlimited reach.

We combine these platforms with contract portability, managed security, compliance enablement, hands-on support, and a guarantee of 100% uptime availability, to give our customers absolute confidence in their IT infrastructure and the power to create a boundless digital future for their business.

To learn more, Follow us on LinkedIn or Subscribe to our YouTube channel. To tour a facility, visit DataBank or call 1(800) 840-7533.

Media Contacts

For Media Inquiries:

SourceCode Communications
databank@sourcecodecomms.com

 

DataBank Contact:

JP Laqueur
Senior VP, Marketing
jlaqueur@databank.com

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