Another IBX for Equinix in Paris

March 15th, 2011 by · Leave a Comment

Ah Paris in the springtime, you can just smell the love in the air.  Oh wait, that's just another IBX buildout for Equinix (NASDAQ:EQIX, news, filings), spring doesn't start until next week.  Equinix never stops building of course, and this will be #4 for them in Paris - and none too soon it seems.  Phase 1 of its PA3 facility is already 'effectively full' and the second phase is due to open in Q2.

PA4, of which 20% is apparently already spoken for, will be located near the center of the city.  When complete it will boast more than 11,000 square meters (~120K square feet) and 4500 cabinets, which will eventually make it Equinix's largest facility in Paris.  But phase one is just a third of that and will cost $145M including the price for the land.  The target date is Q3 of 2012.  I still think we need to get a bit more creative with the names, lest we eventually wind up with PA137 someday.

Equinix also reported the other day that its facilities over in Japan, TY1 and TY2 are operating normally.  Tokyo didn't get the full blast from the earthquake of course, but available power is going to be dicey across the board for a while.

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