Fledgling Data Center Company Has Designs On 33 Acres In Richardson

Data Center Racks

EdgeCore Internet Real Estate, a data center company recently started by Mount Elbert Capital Partners, GIC and OPTrust to build a national portfolio of data centers, is planning for one of its first projects to land in Richardson.

The company is seeking zoning for a project on 33 acres in Richardson at the northeast corner of Shiloh Road and Research Drive, according to the Dallas Morning News.

EdgeCore said it plans to enter six markets, including North Texas to put together a portfolio worth $2B. The company started with $800M in equity.

No groundbreaking date has been set yet as the company is waiting on approval from the city.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Wall Street Impatient For Big Tech Returns On Data Center Spending

KKR-Affiliated Data Center Developer CyrusOne Names New CEO

Montgomery County Approves 18-Month Data Center Moratorium

Largest U.S. Grid Operator Scrambles For Power, Warns Of Data Center Outages

DFW Office Footprints Likely To Shrink As AI Use Increases And Companies Battle For Talent

New Rules Power Back Up Ireland's Data Centre Market At Last

'WeWork 2.0': Booming AI Startups Concern Some Data Center Execs

Jerry Jones Sells Frisco Office Tower To Hobbs Brook: The DFW Deal Sheet

What Charlotte Wants To Learn During Its 150-Day Moratorium On New Data Centers

OpenAI Targets Savannah For $20B Data Center

Data Center Operator To Go Public Via SPAC Merger At $4B Valuation