CyrusOne Lands Fortune 100 Retailer in Dallas
September 13th, 2013 By: John Rath
A Fortune 100 global retailer is the newest customer at the massive new CyrusOne data center in the Dallas market, the company announced this week. The colocation provider said it had also lined up tax incentives with local officials that may make the facility more attractive to enterprise customers.
The 680,000 square foot facility in Carrollton, Texas is more than 1,428 feet long and 480 feet across and could eventually support up to 60 megawatts of critical IT load. The new customer said it picked CyrusOne for its ability to rapidly deploy data center space and its reputation for customer service. The retailer will have access to the CyrusOne National Internet Exchange (National IX), which links Carrollton with a dozen CyrusOne facilities in five other metropolitan markets.
“Our Carrollton data center, which opened in August 2012, continues to be very attractive to customers needing colocation space in the Dallas/Fort Worth metro area,” said Gary Wojtaszek, president and chief executive officer of CyrusOne. “With our innovative Massive Modular design engineering approach, we’re able to offer deployment times that data-center-in-a-box solutions simply can’t match. The efficiency and speed with which we can commission large data facilities enables our customers to deploy quickly and not worry about future capacity constraints.”
CyrusOne Customers to Benefit from Tax Incentives
CyrusOne also disclosed that recently approved data center legislation is expected to benefit customers deploying new space in Carrollton. The tax incentive eliminated the state sales and use tax of 6.25 percent on data center utilities, infrastructure, and networks purchases.
The Carrollton-specific incentive rebates up to another 0.5 percent in sales and use tax for the same customer purchases, or up to 50 percent of the taxes the city would normally receive. To be eligible for the incentive must create at least 20 qualifying jobs in Carrollton, occupy at least 100,000 square feet of space to process, store, and distribute data, and agree to a significant investment in CyrusOne’s Carrollton facility over a five-year period.
“This tax incentive will translate into as much as $31 million in savings over 10 years for a large data center deployment,” said Wojtaszek. “These are savings that enable the provider to hire more highly skilled technology positions in the Carrollton data center. This all further enhances the ecosystem of technology companies that have already found this to be a highly desirable location to do business.”