Dallas’ Compass Datacenters to spend $200 million in Red Oak

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Dallas’ Compass Datacenters to spend $200 million in Red Oak
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Compass Datacenters will add two buildings totaling more than 500,000 square feet at its campus in the area.

The hyperscale and cloud-oriented data center company will add two buildings totaling more than 500,000 square feet at its campus in the area, dubbed DFW III-II Building 3 and DFW III-II Building 4.Filings with the Texas Department of Licensing and Regulation show a combined construction cost of $200 million for the two data center buildings near Interstate 35E on Austin Boulevard.

The company added 375 acres to its Red Oak footprint in recent years. The sale was brokered by Davidson Bogel Real Estate. Compass originally acquired 165 acres of land in 2019 in the city.last year on a plant set to make components for data centers. The facility is slated to open this year.The multinational giant announced last year it would start with a more than $300 million investment for a data center also along Austin Boulevard.There’s more than 5.

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