Prime Data Centers, a wholesale data center developer and operator backed by Macquarie Capital, the investment division of Macquarie Group, today announced that it is developing a new 33-megawatt, 261k sqft data center in Vernon, a city located five miles south of downtown Los Angeles, California.
Per LoopNet, an online marketplace for commercial real estate, the property where Prime Data Centers is developing this facility was most recently listed at a price of $30m.
Vernon – Los Angeles – Prime Data Centers
Prime Data Centers’ Los Angeles data center development project is situated on 4.5 acres at 4701 S. Santa Fe Avenue in Vernon, California. Presently, the site is home to a 224.6k sqft garment manufacturing facility, with the structure being built in 1946 and last renovated in 2001.
On this site, Prime Data Centers plans to develop a three-story, turnkey data center with up to 33 megawatts of critical power. Upon completion, which is expected by Q4 2023, Prime’s Vernon facility will span 261k gross sqft / 150k sqft of data hall area (i.e., 50k sqft on each floor).
Power
Prime Data Centers will construct a 49.5 MVA substation to serve the new Vernon site. Power delivery will be provided by Vernon’s municipally owned and operated electric utility (VPU), which plans to serve Prime’s new substation at 66kV.
Connectivity
One of Los Angeles’ key strengths is its diverse long-haul fiber and subsea cable connectivity. Particularly, Los Angeles enables long-haul fiber routes connecting Phoenix and Las Vegas to access to the West Coast of the United States. At the same time, Los Angeles is an access point for long-haul fiber routes traversing the West Coast, from Mexico to Canada.
To this end, Prime Data Centers’ Vernon facility will be carrier-neutral and located only 4 to 5 miles away from Los Angeles’ major interconnection hubs.
As shown above, Prime’s site is in close proximity to interconnection hubs including:
- One Wilshire, which is operated by CoreSite (LA1) / American Tower
- 600 W 7th Street, which is operated by Equinix (LA1) and Digital Realty
- 530 W 6th Street, which is operated by QuadraNet
- 900 N Alameda Street, which is operated by CoreSite (LA2) / American Tower
- 818 West 7th Street, which is operated by Equinix (LA2)
Given its location, hundreds of carriers and service providers will be available to Prime Data Centers’ tenants. Specifically, the company is targeting hyperscale and large enterprise customers for its Vernon facility, through which they will be able to obtain high-capacity dark fiber in volume.
Prime Data Centers – Overview
Prime Data Centers’ portfolio currently comprises operational facilities and development projects in Sacramento, California; Santa Clara, California; Hayward, California; Vernon (Los Angeles), California; and Elk Grove Village (Chicago), Illinois. Additionally, the company notes that updates are “coming soon” for further projects in Madrid, Spain and Munich, Germany.
In June 2021, Prime Data Centers partnered with Macquarie Capital to target data center investments of $5bn+ (debt and equity), over the next 10 years.
