Tierpoint Nashville NSH: TierPoint Announces $20M Data Center Investment in Nashville

Feb 27, 2017 | Posted by Eric Bell

NashvilleTierPoint LLC announced that it is significantly increasing its capacity to serve the Nashville community through a new $20 million data center facility.

TierPoint is partnering with Compass Data Centers on the project, which will more than double the data center space to approximately 53,000 total sq. ft., with 2.4 MW of power and approximately 26,000 sq. ft. of raised floor. The new facility on Tierpoint’s Franklin campus is expected to be completed by mid-year and will include dedicated space to be used by clients for their business needs. Total investment in the complex, including the new building, will be approximately $45 million. (The original, carrier-neutral facility opened in 2013 with 10,000 sq. ft. of raised floor space).

“This new investment in Nashville will further enhance our ability to meet strong customer demand for hybrid IT solutions, evidenced by that fact that we’ve already pre-sold nearly 20 percent of the available space in this next phase,” said Bradley Markum, TierPoint’s Regional Vice President for the area. “As Nashville’s leading provider of cloud, colocation and managed services, we now offer new and current customers more expansion and backup capabilities – even as we continue adding clients to our current facility.”

“TierPoint’s growing investment and the strong client demand it’s seeing for its services are great news for our community and a sign of the strength of the technology sector in this region,” said Dr. Ken Moore, Mayor of Franklin.

TierPoint President and COO Tom McMillin unveiled plans for the new facility at the Nashville Technology Council’s 2017 CIO Awards, held Thursday evening in downtown Nashville, with more than 500 in attendance.

In his remarks, McMillin said: “A recent Brookings Institution study of the nation’s 100 largest metro areas rated Nashville as the undisputed leader in advanced industry job growth. That’s just one of the many reasons we believe in this community, are investing in it, and expanding our presence here, to support a growing roster of clients that have entrusted us with their mission-critical IT operations.”