Small Modular Reactors for data centres are missing a middleman
Nominations for The Tech Capital’s APAC Awards 2024 are officially open. To participate, please ensure your submission is completed by September 20...
Property will join the operator’s more than 40 data centre facilities in 20 markets across the US.
Founder and Editor, The Tech Capital
2 Mins
September 13, 2021 | 3:25 PM BST
Missouri-based TierPoint said it will invest US$20 million in expanding its footprint in the St. Louis region as data centre procurement grows in the area.
The company will build a new 23,000 sq. ft. Tier III data centre that will added to TierPoint’s three locations in the state including one in Kansas City and two in St. Louis.
TierPoint has already secured an anchor tenant for the new facility in Westport, a business and entertainment district in St. Louis County.
The site is expected to be finished and open to clients in the second quarter of 2022.
Governor Mike Parson, said: “Missouri is a leading destination for businesses in the tech industry, and we are excited that TierPoint is expanding its footprint in our state by establishing a fourth facility here.
“TierPoint’s investment in Missouri, when it has the ability to locate anywhere in the country, proves our central location and business-friendly economy is fostering market access and creating economic opportunity. We appreciate TierPoint choosing to grow in Missouri and look forward to its continued success.”
Jerry Kent, TierPoint Chair and Chief Executive Officer, said: “Our decision to build this new facility was driven by strong and growing demand for world-class data centre space in St. Louis and throughout the Midwest.
“As a lifelong resident of the area, I’m extremely pleased that TierPoint was in a position to answer this demand and expand the geographic diversity of the region’s commercial data centre options.”
TierPoint’s new investment in Missouri will bring its total workforce in the state to approximately 75.
Missouri Partnership worked with AllianceSTL, an initiative of Greater St. Louis, Inc., and Ameren Missouri to bring this project to the state.
Founder and Editor, The Tech Capital
Operator Netrality Data Centers has acquired Indy Telcom Center growing its carrier hotel footprint...
Home to some of the world’s largest data centre markets, the US is currently debating the approva...
Virginia=based investment sponsor Capital Square 1031 said that during the first half of 2021 acqui...