Terremark Plans Further Expansion In Virginia

May 19th, 2010 by · Leave a Comment

Datacenter and cloud provider Terremark (news, filings) [a subsidiary of Verizon (NYSE:VZ, news, filings)] has apparently had so much fun in Culpeper thus far, that they are preparing to double down.  The company announced today that it has purchased an additional 27 acres of land adjacent to its current NAP of the Capital Region property.  That will give them the space to put up another 250,000 square feet of colocation space plus another 100,000 square feet of office space.

Some 65% of the company's footprint on the campus - both in service and planned - is already under contract, even though the third datacenter won't be ready for prime time until the 'third quarter of their fiscal year 2011'.  For those who don't keep track of what each company in the sector calls their fiscal year just for when they read these things, that means by Oct-Dec of 2010.

Of course, owning the property is just the first step, but the way the datacenter sector is going these days we'll probably hear about their construction plans later this year.

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Categories: Datacenter

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