QTS Santa Clara Data Center News

Meta & QTS sign solar PPA in Oregon

Avangrid and Portland General Electric (PGE) have signed a Power Purchase Agreement (PPA) with QTS and Meta for energy from a 120MW solar energy project under construction in Morrow County, Oregon. This project will deliver energy to the PGE grid through the Green Future Impact (GFI) program, ...

December 06, 2024

Abdul-Rahman Oladimeji

QTS Data Centers

Blackstone claims a data center portfolio of $55bn

Investment management company Blackstone in its latest earnings call mentioned that it has more than $70 billion in prospective data center pipeline development and over $70 billion in prospective data center pipeline development. CEO Stephen Schwarzman said that "the consequences of AI are as...

July 25, 2024

Abdul-Rahman Oladimeji

QTS Data Centers

County’s planning staff recommends denial of massive data center project again

The Prince William County staff have again recommended the denial of all three rezoning requests associated with the PW Digital Gateway data center project. This comes after two rejections of the rezoning requests by QTS and Compass in recent months. County staff said in a report, “At this po...

December 13, 2023

Abdul-Rahman Oladimeji

QTS Data Centers

OpenAI president Greg Brockman quits as the company fires CEO

OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company ...

November 20, 2023

Abdul-Rahman Oladimeji

San Francisco Bay Area

OpenAI co-founder Sam Altman fired from the company

OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technol...

November 19, 2023

Abdul-Rahman Oladimeji

San Francisco Bay Area

QTS acquires Netherlands-based data center management firm Zentrys

US data center firm QTS recently purchased Dutch data center management and operations company Zentrys. QTS intends to bring Zentrys employees on board over the next year and integrate the newly purchased company with its technology and processes. Chad Williams, CEO of QTS, said, "We welcome ...

November 08, 2023

Abdul-Rahman Oladimeji

QTS Data Centers

QTS to expand into New Albany, Ohio

QTS has revealed plans to expand into New Albany, Ohio by developing new data center campuses covering over a million square feet and 200MW. These new campuses will be on Beech Road; two on one site, a 57-acre piece of property, and another two on a nearby 37-acre site and construction should ...

October 25, 2023

Abdul-Rahman Oladimeji

QTS Data Centers

QTS to establish operations in York County, South Carolina

The South Carolina Office of the Governor confirmed that DC firm QTS will establish operations in York Country, marking the company’s entry into the state. This comes after news of a major data center project in York County dubbed ‘Project Cobra’ surfaced in June 2023.Gov. Henry McMaster celeb...

September 22, 2023

Abdul-Rahman Oladimeji

QTS Data Centers

Developers in San Jose, California, switch hotel plans for data center development

Plans for an entertainment district development in San Jose, California, have been scrapped and replaced with data center plans, it has been announced. Back in 2018, developer Terra Ventures had initially pitched for development known as 'Shops @ Terra'; this would have been an entertainment d...

August 08, 2023

San Francisco Bay Area

Blackstone and QTS to build data centers worth $8bn for "once in a generation" AI growth

The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its ...

August 01, 2023

Abdul-Rahman Oladimeji

QTS Data Centers

QTS acquires 400 acres in South Carolina's York County

A new campus for its data centers is being built by QTS on 400 acres of land in York County, South Carolina. Citing York County real estate documents, BizJournal reports that two entities linked with QTS Realty Trust LLC have acquired nearly 400 acres off S.C. Highway 274 for more than $11.2 m...

July 27, 2023

Abdul-Rahman Oladimeji

QTS Data Centers

QTS Realty Secures a $800m Data Center Refinancing Contract

QTS Realty, owned by Blackstone, has refinanced four data center properties. Citigroup leads a consortium of four institutions that provided the loan. It will be used to refinance QTS' existing $667 million debt and provide the funds necessary to finance tenant build-outs.The refinancing is gi...

May 25, 2023

Abdul-Rahman Oladimeji

QTS Data Centers

QTS begins work on Phoenix data center

QTS has begun construction work on its Phoenix, Arizona data center PHX2 DC5. The company reportedly broke ground on the facility in March; it is set to span 337,330 sq ft (31,339 sqm) on 85 acres, offering 42 MW of capacity. The company shared that on March 21, it hosted a groundbreaking eve...

May 18, 2023

QTS Data Centers

North San Jose Slated to Receive New Data Centers

This week, the San Jose City Council unanimously authorized plans for a sophisticated manufacturing complex and data centers in North San Jose. Denver-based STACK Infrastructure plans to destroy two industrial buildings on a nearly 10-acre parcel, including a former Olympus service center, and...

May 12, 2023

Abdul-Rahman Oladimeji

San Francisco Bay Area

QTS reveals latest plans for campus in Prince William County's Digital Gateway

Last week, QTS submitted the third draft of its plans for the controversial and hotly debated Prince William Digital Gateway to the Prince William County government. The updated plan shows the company's intention to increase the size of its proposed buildings. QTS has also requested a waiver t...

May 03, 2023

QTS Data Centers

QTS Data Centers Suspends its Request For $45 million in Tax Benefits at its Atlanta Location

QTS Data Centers has refrained from requesting $45 million in tax incentives for its massive data center project near the Westside Trail of the Atlanta BeltLine. According to the Atlanta Business Chronicle, QTS halted its request for incentives for a $1.3 billion proposal involving two data ce...

April 27, 2023

Abdul-Rahman Oladimeji

QTS Data Centers

Silicon Valley Sees Surge in Data Center Construction as Tech Giants Expand Operations

Silicon Valley is experiencing a surge in the construction of data centers, according to a report by real estate services firm Cushman & Wakefield. At the end of last year, 17 new data centers were either under construction or in development, with a total planned area of 4.7 million square...

April 18, 2023

Abdul-Rahman Oladimeji

San Francisco Bay Area

Third Completely Diverse Dark Fiber Route Added to Bandwidth IG's San Francisco Bay Area network

With the construction of its dark fiber network, Bandwidth Infrastructure Group (Bandwidth IG) is enhancing connection options for the San Francisco Bay Area's densely populated area of data centers. Critical fiber infrastructure is now available from Santa Clara in the San Francisco Bay Area ...

April 06, 2023

Abdul-Rahman Oladimeji

San Francisco Bay Area

QTS plans for Northland data center in question

Following speculation that QTS Realty Trust Inc. was the company seeking new development within Rocky Branch Creek Technology Park, and later confirmation, it looks like the company's Northland data center plans have now fallen through.The company was reportedly set to acquire the property nor...

February 24, 2023

QTS Data Centers

Reports Suggest QTS Will Join Diode's Kansas City Data Center Facility

QTS may use a Diode Ventures data center in Kansas City, Missouri. In October, Diode signed two non-exclusive fiber easement with QTS Realty Trust Inc. to develop and maintain data transmission infrastructure at the site northeast of I-435 and Highway 169, according to BizJournal. Last year...

February 09, 2023

Abdul-Rahman Oladimeji

QTS Data Centers

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