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DataBank Secures $2B To Fast Track Dallas Data Center Campus
📅 - DataBank has lined up $2 billion in construction financing to kickstart development at its new Red Oak campus south of Dallas, marking its largest single build-out loan to date. The funding covers the first three facilities, already fully leased, and signals how aggressively capacity is being pulled forward as demand for AI and enterprise infrastructure continues to build.
The numbers are large, but the sequencing matters more. These are not speculative builds. The first three data centers - DFW9, DFW10, and DFW11 - are pre-leased, with 600,000 square feet and 180 megawatts of power already accounted for. That shifts the risk profile. Construction follows demand, not the other way [...][... Check source for end of article ...]
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📅 - DataBank has lined up $2 billion in construction financing to kickstart development at its new Red Oak campus south of Dallas, marking its largest single build-out loan to date. The funding covers the first three facilities, already fully leased, and signals how aggressively capacity is being pulled forward as demand for AI and enterprise infrastructure continues to build.
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