Dallas’ DataBank to build $256 million project in Red Oak

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Dallas’ DataBank to build $256 million project in Red Oak
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Data center company DataBank Inc. has plans to build a more than 425,000-square-foot facility in the Ellis County community of Red Oak.

According to a filing with the Texas Department of Licensing and Regulation, the Dallas-based company will construct the two-story data center with an office component starting in September.The project, designed by Mansfield’s JHET Architects, comes with a construction cost of $256 million, according to the filing.

The filing from DataBank follows the company’s April announcement of a $725 million credit facility dedicated toward financing ongoing and future data center construction projects.Dallas’ Brookhollow area to see fresh ground-up industrial development and more Here’s a look at some of the other recent transactions of note in and around Dallas-Fort Worth, along with executive moves.A new development firm from Dallas Stars owner Tom Gaglardi is on track to build its first Texas project in Austin.

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