Iron Mountain broke ground on the first phase of a 550,000 square-foot, 48-megawatt Phoenix data center Monday morning on the northeast corner of 48th and Van Buren Streets.
The new facility is an expansion of Iron Mountain’s Phoenix Data Center Campus, and represents the beginnings of a $430 million investment into the campus over the next five years. These campus editions are on a nine-acre plot of land adjacent to Iron Mountain’s 38-megawatt Phoenix data center.
Iron Mountain, a Boston-based storage and information management services company that was founded in 1951, acquired homegrown IO Data Centers in January for $1.3 billion. IO Data Centers purchased the plot of land where this facility is being built three years ago and was set to break ground on the facility shortly before Iron Mountain’s acquisition of the company.
“As one of the fastest growing major markets in the U.S., and the 12th largest data center market globally, this expansion opportunity in the Phoenix area is an exciting opportunity for us,” said Rick Crutchley, vice president and general manager western region, Iron Mountain Data Centers. “The expanded campus will meet the growing demand from hyperscale, public cloud and global enterprise organizations that appreciate the Phoenix market’s unique combination of low power costs, outstanding tax efficiency and low geographic and weather-related risks. We’ll be well positioned to bring our capabilities to support customers’ needs well into the future.”
The first phase of this project is expected to be complete in June 2019 and will add 24 megawatts of capacity. Iron Mountain will continue with the next phase of the project based on demand, Crutchley said. Upon completion, Crutchley expects the data center to have about 30 additional employees on site.
The three-story facility will help service Iron Mountain’s clients such as public cloud providers, financial services, aerospace and tech companies. Iron Mountain’s latest facilities will support data center standards such as ISO 27001, FISMA High, PCI-DSS Level 1, HIPAA, SOC 2 Type II and SOC 3.
This Phoenix expansion will total Iron Mountain’s data center portfolio to more than 285 megawatts globally.
