Lincoln Property Co. JV Eyes $1B Data Center Campus
Construction on the four-building project will begin this quarter.
Lincoln Property Co., Gigabit Fiber and Tradition Holdings have formed a partnership for the development of a data center campus in South Dallas. When complete, the facility dubbed GigaPop will include more than 800,000 square feet of data center and tech space across four buildings and boast up to 540 megawatts of power. Construction is scheduled to commence this quarter.
Designed for cloud computing and artificial intelligence users, with high-capacity and low-latency optical networks, the $1 billion project will rise on a 131-acre lot of entitled land. The site is at 1745 Stainback Road in Red Oak, Texas.
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The campus will provide edge colocation, dark fiber and carrier-class IP transport services that will benefit the other 15 sites underway in the area, Gigabit Fiber CEO Tom Spackman said in prepared remarks. Its first component will be a 2 megawatt facility totaling 7,500 square feet.
The site is in the center of South Dallas’ data center hub, 4 miles east of Interstate 35 and 4 miles west of Interstate 45, along the recently opened Loop 9 Highway.
The location is also 24 miles from another Dallas-Fort Worth development, PowerCampus Dallas. The 115-acre data center project in Lancaster, Texas, is developed by SkyBox Datacenter in partnership with Bandera Ventures and Principal Asset Management.
Multiple data center projects underway in DFW
The South Dallas submarket currently has multiple projects underway that will deliver more than 1.5 gigawatts of capacity, according to Lincoln Executive Vice President Ryan Sullivan. Some 678 megawatts are already under construction and expected to reach completion this year and in 2026.
The metro’s largest project is a hyperscale campus in Grand Prairie, Texas, that will become one of the largest data center complexes in the country. To be developed by Provident Data Centers and PowerHouse Data Centers, the facility is expected to generate 1.8 gigawatts at full build-out.
In September, DataBank started construction on a 480 megawatts project also in Red Oak. The campus will include eight data centers.
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