The new site will offer around 54,000 sq ft of data hall space and have a power capacity of 18MW. DC BLOX is believed to have paid $1.5 million for the land, and negotiated property tax rate reductions of 50 per cent over a period of up to 17 years.
The carrier-neutral facility being planned will be added to DC BLOX’s Southeastern regional network of data centres and connectivity partners, including access to the region’s internet exchanges in Atlanta and Nashville, and with plans to connect to the IX in Charlotte.
Jeff Uphues, CEO of DC BLOX, said: “The High Point Economic Development Corporation, the Guilford County Economic Development Alliance, the City of High Point and Guilford County have been great partners supporting and enabling us to develop this new Tier III facility - approving tax incentives that will accelerate growth for us and our customers.”
He added: “When complete, our $305 million investment will enable enterprise businesses across industries, local and state government agencies, higher education institutions and managed service providers across North Carolina with major market capabilities, connectivity solutions and highly reliable services to enable effective digital transformation.”
High Point economic development interim director Sandy Dunbeck said: “DC BLOX could add more than $305 million to our tax base, which is the largest capital investment project for High Point in the 15 years since I have been with the High Point EDC.”
Last month, DC BLOX started construction on its $200 million Greenville-Spartanburg, South Carolina data centre.
In March this year, the firm secured $187 million in long-term financing led by Post Road Group and Bain Capital Credit.
