DENVER--(BUSINESS WIRE)--H5 Data Centers, a national colocation and wholesale data center provider, broke ground yesterday in Ashburn, VA on a strategically-located, state-of-the-art data center. Upon completion, the three-story data center will support 42 MWs of critical load across 255,000 square feet.
Today's announcement responds to accelerating demand for large-scale data center space in top-tier markets. Pre-leasing is under way with availability in Q3 of 2024. The data center located on Beaumeade Circle will qualify for Virginia data center sales and use tax exemption.
“H5 Data Centers is investing extensively across our portfolio and today's announcement of our Ashburn groundbreaking is an exciting start to a busy year of development,” said Josh Simms, founder and CEO of H5 Data Centers. “Upon completion, the data center will provide our customers with the ability to meet their stringent security and reliability requirements.”
Northern Virginia is the largest data center market in the world, but the immense growth of the market has made it difficult for cloud and technology companies to source scalable capacity. The build represents a high-quality option for cloud service providers, content and technology companies, and Fortune 500 customers alike.
About H5 Data Centers
H5 Data Centers is one of the leading privately-owned data center operators in the United States with over 3 million square feet of data center space under management. The company designs and engineers flexible and scalable data center solutions to address the core infrastructure and edge requirements of its customers. H5 Data Centers operates data centers in 20 US markets. For more information, please visit www.H5datacenters.com.