Data Loves Phoenix
CyrusOne has moved up plans to begin its second center—bringing up to 12 MW of power to Chandler. (With great power comes great responsibility, Chandler.) CyrusOne's Kevin Timmons tells us an unnamed company just snapped up 41k SF of its first data center, which pushes occupancy to more than 90% for the 77,500k SF. That gave the company confidence to begin on the 60k SF center at its Chandler campus. (Comfort yourself in the fact that your Netflix queue is creating jobs.)
We found CyrusOne's Chad Allison, Sylvia Kang, Jeff Sandquist, Salt River Project's Vicky Maurer, CyrusOne's Jeff Lawrence, Amaya Souarez, Ed Martin, Az State Rep. Jeff Dial, CyrusOne's Stuart Levinsky, Chris Napier and Kevin playing in the dirt last week. (Nobody tell their parents they were wearing their nice clothes for this.) This is just one pad site among the more than 50 acres in Phoenix for CyrusOne, which could ultimately host some 1M SF of data center space.
The Chandler site (rendered here) isn't the only CyrusOne data center on tap. According to its SEC filings, the firm has 761k SF of space under development (along with 569k SF, powered shell space ready for customers). The firm spent nearly $50M in cap-ex during Q1 of this year, primarily for the development in San Antonio, Houston, and Phoenix.
