HSBC Gets Approvals for Large NJ Data Center

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UK banking giant HSBC Holdings has received approval to convert a former mail order pharmacy facility in Parsippany, N.J. into a 225,000 square foot data center, reports the Daily Record. HSBC (Hong Kong Shanghai Bank) will overhaul the 177,000 square foot former Medco Health Solutions property for use as a disaster recovery facility for its New York financial operations, and add a 46,800 square foot expansion as well. In addition to infrastructure upgrades for servers, improvements to the 22-acre site include security modifications – a 10-foot fence and berm, according to the Record’s report.

This report reinforces two trends – the continuing need for disaster recovery space for Wall Street, and the shift to retrofits of existing sites to data center use, seen earlier this week in announcements by Hewlett-Packard  and the University of Michigan.

About the Author

Rich Miller is the founder and editor at large of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.