Stream Data Centers Buys Land for New Data Center in Goodyear, Arizona
February 18, 2019
Stream Data Centers has announced it has bought land for the development of a major new data center in Goodyear, Arizona, United States. A subsidiary of Stream Realty Partners, L.P., Stream Data Centers has headquarters in Dallas, Texas, United States and was established in 1999. The company develops data centers for a customer base which includes Fortune 500 companies such as Apple, Home Depot, AT&T, Sprint and Nokia. Its products and services include ‘Hyperscale Data Centers’, ‘Private Data Center Suites’, ‘Ready-to-Fit Powered Shells’, ‘Retail Colocation’ and ‘Build-to-Suit Data Centers’. Its new Goodyear, Arizona data center project marks the company’s first venture into Phoenix, Arizona’s market.
Stream Data Centers develops turn-key private data facilities which it leases or sells. The Goodyear project comes on the heels of a 56,000 square foot data center which the company developed for bank in the United States. Companies like Zayo and Databank have purchased Stream Data Centers’ previous developments. Its latest move underscores a sharp focus on the hyperscale data center market.
The new ‘Phoenix Campus’ will be a major development in terms of size and sophistication. It will cover 157 acres and provide 418,000 square foot of space and up to 50 megawatts of power. Ultimately, the property will provide up to 2 million square feet of space and include a new Arizona Public Service Electric Company (APS) substation.
“The Phoenix market has quickly emerged as one of the top destinations in the Western US for enterprise and cloud companies,” explained Stream Data Centers co-managing partner Robert Kennedy in a press release. “A pro-business environment with a great sales tax incentive program, low risk of natural disaster and low latency to major markets on the West Coast, Midwest and Texas have fueled tremendous growth for this market.”