SETS $100M FOR PHASE ONE
Texas headquartered data center developer Compass Datacenters, announced it has purchased land for its first campus in Toronto, Canada.
The first phase of the data center campus is scheduled to be ready in Q3 2020, which will provide up to 10MW of critical IT load out of about 30MW planned for the campus’ first building.
“This $100 million phase one demonstrates our commitment to Toronto. Our customers see Toronto as an emerging, important hyperscale market. This project validates our ability to rapidly deliver capacity to meet customer’s aggressive timelines today and in the future,” said AJ Byers, President – International of Compass Datacenters.
The campus site is precisely located in Etobicoke, only about 15km from 151 Front Street, Canada’s largest carrier hotel. The new campus is exposed to diverse fiber routes and supported by multiple fiber providers. Compass adds that its customers and prospects view Toronto as a key growth market due to its importance in the Canadian financial and business communities.
“Toronto is the latest step in our effort to expand in key markets across North America. Along with our Montreal facilities, this new campus provides our customers diverse deployment regions in eastern Canada, helping us deliver capacity where and when our customers need it,” said Chris Crosby, CEO of Compass Datacenters.
Compass gained its Montreal facilities last year, through the acquisition of wholesale colocation provider Root Data Center, for an undisclosed amount. At the time, Root had two operational data centers in Montreal which was to have a total capacity of 65MW once the company completes the expansion of its MTL-R1 data center. Both facilities became Compass’ first in Canada.
Compass plans to keep supporting its customers through the long-term perspective and financial strength of the company’s private investors, RedBird Capital Partners, Ontario Teachers’ Pension Plan and the Azrieli Group.