Before the new build, QTS will invest approximately $150 million to add around 235,000 square feet of raised floor space at the company’s current Atlanta server farm located near downtown. QTS’ “Atlanta-Metro” facility is located in a nearly 1-million-square-foot former Sears warehouse and is one of the world’s largest data centers.
Demand for data center space in the greater downtown Atlanta and surrounding areas is growing at 20 – 30 percent per year, according to QTS Vice President and GM Butch Goldi, and also commented: “You’re seeing large enterprises not building their own data centers, but outsourcing it to people like us.”
Fueled by the need for medium-to-large companies, who are developing private cloud networks, QTS and other data center operators continue to see a push in business’ such as retail chains and banks, and Atlanta, due to its heavy fiber-optic infrastructure, reliable and accessible power grid – and power costing about half the national average in Georgia – makes for a very desirable location.
Additionally, Atlanta’s location near the eastern seaboard – has made for some very lucrative data center deals. Datacenter operating costs in Atlanta are at least 50 percent less expensive than they are in New York – according to Tim Huffman, an executive VP with the global commercial real estate firm Colliers International.
Huffman went on to say: “The health of the sector is very strong. QTS, especially, has been the beneficiary of having available inventory.”
Not only does the area have the benefit of being close to the east coast, it’s also very close to the biggest data center market in the east – Northern Virginia. Northern Virginia’s data center market is booming, and has earned itself the nick-name “data center alley”. Eventually, data center alley will fill up, and once that happens companies like QTS are banking that other companies will head south for their needs.
According to Huffman: “When Northern Virginia hits that little magic window – where for several months hardly anybody has any inventory – companies will come south to Atlanta.”
Other data center companies are also seeing the opportunities in Atlanta, Peak 10, has already announced that it plans to spend $50 million on the development of up to four server farms on a 12-acre property.
For More Information on QTS and the company’s services: Please go to datacenters.com or call one of our data center specialists at (877) 406-2248.