TierPoint Partners with Compass Datacenters on $20M Expansion of North Carolina Data Center

TierPointUS data center and cloud solutions provider Tierpoint has announced plans to expand its data center in North Carolina’s Research Triangle Park (RTP), in partnership with Compass Datacenters. The $20 million expansion plan calls for approximately 9,000 square feet of added office and support space and 24,000 square feet of new raised floor.

“Expanding our world-class RTP data center allows us to respond to the significant demand we’ve seen for colocation and cloud solutions in this region,” said TierPoint Executive Vice President of Data Center Operations Keith Markley. 

This facility expansion will more than triple the production space of the original North Carolina facility. It will be fully redundant and generator-backed power, with initial, critical load capacity of 1.2 megawatts (expandable to 3.6 megawatts); high-efficiency cooling; diverse high-speed network connectivity; and multi-layer physical security, meeting stringent regulatory compliance standards.

TierPoint has over 40 data centers in 20 U.S. markets as well as 8 multi-tenant cloud pods, connected by a coast-to-coast network. TierPoint offers a comprehensive solution portfolio of private, multi-tenant, managed hyperscale, and hybrid cloud, plus colocation, disaster recovery, security, and other managed IT services.

Compass: $3 Billion Investments

Compass Datacenters announced new growth initiatives last week to develop up to $3 billion in new data center campuses over the near term. This follows additional capital from existing investors, RedBird Capital Partners and Ontario Teachers’ Pension Plan, as well as new investment partner the Azrieli Group (TASE: AZRG), a “leading” Israeli real estate development company.

Compass Data Centers

The continued support from RedBird Capital and Ontario Teachers’ and the introduction of Azrieli to the investor group, would reinforce Compass’ momentum across its key markets, including construction starts at its Phoenix and Northern Virginia data center campuses. The additional capital and financial commitments would allow Compass to accelerate its growth plans and better serve its customer base.

“Over the past two years, with the strong support of RedBird Capital and Ontario Teachers’, Compass has successfully led the wave of cloud and hyperscale data center providers in delivering just-in-time facilities customized to meet the specific requirements of our customers,” said Chris Crosby, CEO of Compass Datacenters. “This investment from our partners and the addition of the Azrieli Group, a world-class real estate developer, is an important milestone affirming the value we’re creating for our customers, as well as the significant opportunity ahead. We’re excited to accelerate our goal of developing upwards of $3 billion in new data center campuses, while continuing to enhance the value proposition we deliver to our customers.”

Compass Datacenters recently also begun construction of its first two data centers on their Compass campus in the Phoenix suburb of Goodyear, Arizona. The two data center buildings will deliver a combined 72 MW of IT load, and construction is projected to be completed in Q4 2019. The master plan for the first series of buildings on the campus will deliver 144 MW of IT load, with the campus capable of growth up to 350 MW with an on-site 230kV substation.

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