by Brianna Crandall — August 18, 2014—Patronus Data Centers recently announced that the firm has plans to develop a multitenant data center facility at the high-profile intersection of the Dallas North Tollway and Main Street in Frisco, Texas. The 35-acre site can accommodate up to four phases that will include roughly 500,000 square feet of data center and associated office development. The site is adjacent to an in-place substation that today supports up to 50 megawatts and has the capacity to reach up to 250 megawatts, notes Patronus.
The first phase of the project, which is set to kick off before year’s end, will consist of approximately 125,000 square feet of building area and exceed $60 million in total improvements. Upon completion Patronus estimates that over $250 million will be invested into the development.
“The site is very attractive for several reasons. In addition to the proximity to ample power and connectivity, we wanted to be positioned in the path of growth where there is almost no competition from existing providers,” said Vice President Ryan Sullivan. “The Far North Dallas area is almost always short-listed when corporations evaluate a potential office relocation, and we hope to capitalize on that trend by delivering new data center product to support that commercial growth in Frisco.”
This marks Frisco-based Patronus Data Centers’ first acquisition since being founded last October. JLL negotiated the land sale on behalf of the buyer, Patronus Data Centers. Capstone Commercial represented the seller, PNL Companies. Gensler designed the new facility to blend with the aesthetics of the surrounding neighborhood in keeping with guidelines developed by the City of Frisco.
