TierPoint Relocates-Expands St. Louis, Missouri, Operations
08/15/2024
The investment includes the acquisition of a 135,800-square-foot building, located at 2300 Locust Street, that the company will transform into an enterprise-grade data center.
"Early in the process of sourcing locations for a new data center to answer growing demand, it was readily apparent that the 2300 Locust Street building was an ideal candidate, given its location, size, structural integrity, access to utility power and fiber routes," said Matthew Kent, Senior Vice President, Planning & Corporate Development of TierPoint. "Backed by an amazingly capable data center operations team, our investment plan – when completed – will give us a premier data center with the second largest critical load of all our facilities."
Missouri Partnership worked with several partners to assist with TierPoint's expansion, including: Ameren Missouri, St. Louis Economic Development Partnership, St. Louis Development Corporation, City of St. Louis, and Greater St. Louis, Inc.
"Missouri has recently seen tremendous data center activity throughout the state. Our competitive business climate, along with our robust electric, water, wastewater, and telecom infrastructure, make Missouri well-suited for large data center investments," noted Subash Alias, CEO of Missouri Partnership. "With the explosive growth of artificial intelligence and cloud computing, it is clear that our time to win in this sector is now. We are excited to see TierPoint make another strategic investment in Missouri like this one."
TierPoint offers a portfolio of services, from public to private to multi-tenant cloud, from colocation to disaster recovery, security, and more. The company currently operates 40 data centers in the U.S., connected by a coast-to-coast 100G network.
“This $150 million investment by TierPoint demonstrates their continued commitment to Downtown St. Louis and the momentum building in the core of our metro,” added Jason Hall, CEO of Greater St. Louis, Inc. “With this and so many other investments in Downtown — as well as the Saint Louis Zoo’s WildCare Park in North St. Louis County, The Magic House, and Easterseals Midwest — Jerry Kent has shown that he continues to be one of St. Louis’ leading civic champions.”
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