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

Loudoun County Moves To Pause Data Center Applications For 12 Months

California Emerging As Data Center Fallback Market Amid Nationwide Opposition

Machine Investment Group Buys 490-Unit Multifamily Property In North Dallas: The DFW Deal Sheet

Data Center IPO Wave Reveals A Variety Of New Strategies In Booming Sector

DFW Multifamily Distress Creates Opening For Investors As Development Slows

DFW's Life Sciences Sector Offers Startups The Ingredients They Need To Scale

Healey's New Data Center Rules Make Massachusetts A Tough Sell For Developers

Dallas Mavericks Launch Plans For New Arena-Anchored Entertainment District

Shorenstein Acquires Preston Center Office Tower: The DFW Deal Sheet

The Number Of Large-Scale Data Centers In U.S. Projected To Triple By 2030

'We Aren't Competitive': Power, Taxes Keep Colorado On The Data Center Sidelines

Blue Owl Reportedly Planning Data Center REIT