Stack Infrastructure, the data center platform built from the ground up to address the infrastructure needs of rapidly growing hyperscale and enterprise companies, and Hillwood, one of the nation´s real estate companies, have announced that they have partnered to co-develop a data center campus at AllianceTexas, the companies said.
The partnership is a continuation of the joint venture originally formed in October 2017 between Hillwood and IPI Partners, an investor in data centers and other technology and connectivity-related real assets co-sponsored by ICONIQ Capital, LLC and an affiliate of Iron Point Partners, LLC. This announcement follows the recent launch of the Stack platform on January 15, 2019 (for more information, please see the latest press release on the Stack Infrastructure launch.)
AllianceTexas is a 26,000-acre master-planned, mixed-use project developed by Hillwood, located in north Fort Worth with 45 million square feet of development and over USD 9 billion in private investment to-date. AllianceTexas is home to five data centers including Facebook´s fifth global data center campus and four other FORTUNE 500 users. Over 400 acres are dedicated specifically for data centers, with critical infrastructure in place to ensure uninterrupted power, telecommunications, and operations for customized hyperscale facilities. At full build-out, the data center campus is capable of delivering 400+ megawatts of dedicated critical power, replicating the current capacity of the entire Dallas/Fort Worth market.
Celebrating its 30th anniversary in 2019, AllianceTexas is an unparalleled regional success story that has transformed the North Texas economy and connected the area to global industry. Anchored by Fort Worth Alliance Airport, the world´s first dedicated industrial airport, and led by Hillwood´s development of 26,000 acres, AllianceTexas is home to over 500 companies which have built more than 45 million square feet and created over 61,000 jobs, its estimated cumulative impact since 1989 is more than USD 76 billion for North Texas. For additional information, visit www.alliancetexas.com.
Stack is a data center company built from the ground up to address the full stack of its clients´ critical infrastructure needs, today and into the future. For more information, visit www.Stackinfra.com.
Hillwood, a Perot company, is a premier industrial, commercial and residential real estate developer and manager with projects throughout North America and Europe. With a diverse portfolio of properties which have become home to many of the world´s companies, Hillwood is committed to bringing long-term value to our customers and partners and the communities in which we serve.
IPI Data Center Partners Management, LLC invests in data centers and other technology and connectivity-related real assets and is sponsored by ICONIQ Capital, LLC and an affiliate of Iron Point Partners, LLC.