DataBank raises capital for new data centers
November 29, 2023
DataBank
| Distance | Site | About |
|---|---|---|
| 1.18 miles | IronGate: MSP3 |
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| 1.19 miles | Swervo: Eagan |
The 245,000-square-foot data center in Eagan, which was originally operated by Unisys (and formerly Sperry), officially changed hands in 2025.
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| 1.78 miles | Centra: Minneapolis |
U.S. data center firm Centra has broken ground on MSP1, a new carrier-neutral data center located in Eagan, Dakota County.
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| 2.07 miles | Connect Data Centers: Eagan, MN |
CLOP Eagan MN, LLC, with involvement from Oppidan, intends to develop a 61,000 square foot data center on a 22.1-acre portion of YMCA-owned land on Opperman Drive in Eagan, Minnesota.
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| 6.92 miles | Edged Energy: MSP01 Expansion | |
| 6.92 miles | Edged Energy: Minneapolis MSP01 |
Edged Energy plans to construct a data center campus in Minneapolis, with operations expected to begin in Q1 2029.
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| 7.60 miles | Hyperscale Data Center Request Dataset |
Meta Platforms Inc., through its subsidiary Jimnist LLC, has acquired over 200 acres of land in Rosemount located along County Road 42 and Blaine Avenue in February 2025.
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| 7.78 miles | Connect Data Centers: Apple Valley, MN |
The Apple Valley Campus will consist of seven buildings, five of which will be dedicated data centers, encompassing a total building area of approximately 1 million square feet (92,900 sqm).
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| 8.05 miles | Hyperscale Data Center Request Dataset |
Meta, the parent company of Facebook, announced it will build an $800 million data center in Rosemount.
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| 8.06 miles | US Signal: Saint Paul |
The site was previously a OneNeck facility. In 2024, US Signal completed its acquisition of OneNeck Data Center Holdings LLC (OneNeck).
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| 9.20 miles | Consolidated Edina |
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| 9.20 miles | Databank Minneapolis Edina MSP1 | |
| 9.25 miles | H5 Minneapolis | |
| 10.54 miles | Tract: Rosemount Expansion | |
| 10.55 miles | Tract: Rosemount Campus |
Data center park developer Colorado's Tract has proposed a major redevelopment project for a 447-acre site in Rosemount, located on the southern edge of the Minneapolis-St. Paul metro area.
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| 10.61 miles | Lumen Minneapolis 2 |
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| 10.61 miles | Level3 Minneapolis (511 11th) | |
| 10.61 miles | DataBank Minneapolis MSP4 |
In 2020, DataBank acquired the facility from Zayo.
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| 10.61 miles | Cologix: Minnesota Technology Center |
Cologix's Minnesota's 5 data halls are located within the 511 carrier hotel. The 511 11th Avenue Building, located across the street from the Metrodome (home of the Minnesota Vikings) was under threat of being torn down to make room for a new stadium, but the building was saved
MIN1 is the Building's MMR
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| 10.62 miles | 511 Building - Minnesota Technology Center |
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| 11.03 miles | Cloud Capital: Minneapolis CBD |
In 2026, Cloud Capital and Arcapita acquired the data center from Legacy Investing LLC.
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| 11.03 miles | G42: Minneapolis |
G42 is the primary tenant of Legacy Investing's Minneapolis CBD data center.
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| 11.15 miles | Level3 Minneapolis (222 South 9th) | |
| 11.50 miles | Cogent: 250 Marquette | |
| 11.50 miles | Verizon: 250 Marquette |
The site is a previous XO Communications facility
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| 11.77 miles | IronGate: MSP4 |
The facility is designed as a redundant carrier hub for the 511 4th Street data infrastructure.
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| 11.88 miles | IronGate: MSP2 |
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| 12.02 miles | IronGate Woodbury MSP1 |
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| 12.45 miles | Verizon: 1200 Washington |
Former XO Communications site
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| 12.96 miles | EdgeConnex Minneapolis |
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| 13.10 miles | US Signal: MN01 Minneapolis |
The site was previously a OneNeck facility. In 2024, US Signal completed its acquisition of OneNeck Data Center Holdings LLC (OneNeck).
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| 14.21 miles | Lumen Minnetonka |
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| 14.64 miles | Tract: Farmington Campus |
Tract is pursuing plans for a $5 billion data center development at the Farmington Technology Park in Dakota County, Minnesota.
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| 14.72 miles | Tract: Farmington Expansion | |
| 16.13 miles | Centersquare: Minneapolis MP2 |
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| 17.90 miles | Connect Data Centers: Hampton Campus |
Oppidan plans to build a huge Technology park on approximately 140 acres in Hampton, Minnesota.
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DataBank is a data center developer and operator that provides colocation, interconnection, cloud and managed services. Founded in 2005 and headquartered in Dallas, the company expanded its footprint through acquisitions and new builds.
Following the December 2020 close of its purchase of zColo assets from Zayo, DataBank reported operating 60 data centers across 28 markets in the U.S. and the U.K. In October 2024, DataBank announced an approximately $2.0 billion equity raise led by AustralianSuper to support new campuses in Dallas, Culpeper and Atlanta.
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