Peak 10's Tampa Gambit
After six years of increasing demand and a fresh influx of capital, Peak 10 is moving head with its Tampa expansion. (We can finally start selling those "P10 Tamaspansion!" t-shirts we had made in 2008.)
Peak 10 just broke ground on a new 65k SF data center at its Tampa campus, which will include more than 36k SF of raised floor and 23k SF of office. All told, the Peak 10 campus will total nearly 130k SF. We spoke with Peak 10 CEO David Jones (here with Tampa Mayor Bob Buckhorn during the expansion's groundbreaking this month), who tells us the company saw the demand in Tampa six years ago, but it took the infusion of capital from private equity firm GI Partners to move forward with expansion.
Tampa is a significant cloud market, David says, with demand from a wide swath of companies, especially healthcare and credit card processing. (You bought a Snickers and a Slurpee with your Visa? Tampa knows.) David says beyond Tampa, Peak 10 is eyeing expansion at its Atlanta campus, where it sees similar demand drivers. And it could look beyond to places like Philly and Houston—top 50 MSAs with strong middle market customers. “I'm not saying those are the markets we're specifically going to… we just look in depth in markets that seem to fit the profile,” he says.
