QTS looking to expand data center footprint in Irving

A more than 55-acre data center campus in Irving is set to grow, according to a filing with the Texas Department of Licensing and Registration.

A filing with ties to QTS Realty Trust Inc., which is based in Overland Park, Kansas, listed a proposed data center building called DC5 with office space, storage, critical power support spaces and a screened equipment yard.

The project’s rooftop is also expected to contain screen equipment that supports critical spaces within the building.

Spanning 337,191 square feet and located at 6300 Longhorn Drive, total construction costs are expected to add up to about $180 million.

Corgan is listed as the design firm for the project. The filing includes an October 1 start date with a delivery date set for December 31, 2023.

Real estate sources have said the region is once again in the midst of a rise in the data center development not unlike the palooza of six years ago – though maybe without the sprawling footprints. Sources have said they are anticipating capital to flow to the space as investors look to insulate themselves from market upheaval due to the stability tied to the ever-growing cloud needs of companies in every sector.

Read full story at Dallas Business Journal.