RagingWire has purchased land and started construction on a new data center located in Santa Clara, Calif. Dubbed SV1, the facility is RagingWire’s first data center in Silicon Valley. SV1 will be aimed at hyperscale cloud and enterprise customers.
Silicon Valley is one of the densest data center markets in the world, second only to Northern Virginia in the U.S, in terms of commissioned power. With a vacancy rate of under 8 percent, new data center space is hard to come by and in great demand. According to JLL’s 2018 Data Center Outlook, almost all last year’s demand was met by providers which expanded or added to existing product.
“The supply of wholesale data center space in Silicon Valley is constrained. Many providers no longer have room to expand, and it is difficult to find suitable land with the necessary power and environmental characteristics needed to obtain permits. New data center space in Silicon Valley, particularly Santa Clara, is typically leased before it is available and commissioned,” said Kelly Morgan, vice president at 451 Research, in a prepared statement.
Presence in top markets
SV1, the company’s newest facility in Santa Clara, will be built on a 3.3-acre site and will have an initial capacity of 16 megawatts. The 160,000-square-foot facility will span across four stories, comprising a total of 64,000 square feet of data floor space. The data center will also feature NTT Communications’ seismic stability system, protecting the building from severe earthquakes. SV1 is slated for a 2020 completion, with preleasing currently underway.
“With the addition of Silicon Valley to our portfolio, we now have data center options in the top three data center markets—Ashburn, Va., Silicon Valley and Dallas—plus land for build-to-suit data centers in Chicago, the fourth U.S. data center market,” said Doug Adams, president & CEO of RagingWire, in a prepared statement.
Image courtesy of RagingWire