Iron Mountain: Iron Mountain to convert records management facility in Miami to a data center

Iron Mountain is to convert one of its former records management facilities in Miami, Florida, into a data center that will offer 16MW. 

Iron Mountain CEO William L. Meaney said during the company's Q3 2023 earnings call last week, “Miami is a key market where a number of our customers are looking for Edge deployments, and this newly repurposed facility will add 16MW to our data center portfolio. We are actually scrapping the [original] building. So we're reusing the land in that particular case because it's the way that we could get the most data center capacity into that facility. Otherwise, we would have been leaving much opportunity on the table.”

The company has not shared any timelines for the development of this project. However, Meaney noted that up to 20% of the other properties in the company’s portfolio are under evaluation on any given day, noting that this will “be the first of many, we feel, as we continue to go forward.”