Stream Data Centers, an industry leader in providing premium data center solutions based in Dallas, TX, announced that it has acquired a 418,000-square-foot facility on 157 acres of land in Goodyear, Arizona, where it will establish a data center campus for hyperscale and enterprise customers in the Greater Phoenix region. Initially, Stream says it will redevelop the existing facility, which at full build-out will contain approximately 50 MW of critical load and will be fully operational for customers in the first quarter of 2020.
"The Phoenix market has quickly emerged as one of the top destinations in the Western US for enterprise and cloud companies," comments Robert Kennedy, co-managing partner of Stream Data Centers. "A pro business environment with a great sales tax incentie program, low risk of natural disaster and low latency to major markets on the West Coast, Midwest and Texas have fueled tremendous growth for this market. We look forward to establishing a major campus and long-term relationship with Goodyear, APS and the Greater Phoenix region."
The new acquisition marks the company's entrance into the Phoenix market and will enable it to scale with the needs of the area's growing number of cloud providers and enterprise users. At full build, the entire campus can support approximately 2 million square feet. Stream will dedicate land for an onsite substation to be constructed by Arizona Public Service Electric Company (APS) with ultimate power capacity of 350 MW.