Lincoln Property Company, a real estate firm with significant expertise in data center assets, has unveiled plans for a massive 131-acre data center campus in Dallas, Texas. The project will be executed in partnership with fiber provider Gigabit Fiber and investment firm Tradition Holdings.
The upcoming campus will encompass four buildings and offer a total of up to 540MW of power across 800,000 square feet (approximately 74,300 sqm) of data center space. Each building will deliver 96MW of critical capacity, underscoring the project’s potential to serve large-scale data demands.
Project Specifics and Timeline
Gigabit Fiber has contributed the fully entitled 131-acre land parcel in Red Oak, located in South Dallas. The first phase of construction is set to commence in Q1 2025, starting with a 7,500-square-foot (697 sqm) facility providing 2MW of IT capacity. However, Lincoln has yet to disclose further completion dates or estimated timelines for subsequent phases.
Ryan Sullivan, Executive Vice President of Lincoln’s data center group, highlighted the strategic significance of South Dallas, stating, “South Dallas is booming with activity and a growing demand for data center assets. There currently are projects in the works that will deliver over 1.5GW of planned capacity. Of the roughly 678MW already under construction in South Dallas, much is reported to be pre-leased.” Sullivan also emphasized Lincoln’s commitment to the Dallas market and expressed enthusiasm for the collaboration with Gigabit and Tradition Holdings.
Lincoln’s Track Record in Data Centers
Lincoln Property Company has a proven history in developing and managing data centers. The firm owns and operates three facilities in the Atlanta area, leasing more than 20MW to customers in recent years. Notably, Lincoln acquired a former Blackberry facility in Atlanta in 2022 and converted it into a high-density, multi-tenant data center.
The company has also repurposed underutilized enterprise data center assets in major markets, including Dallas, Atlanta, Washington, D.C., Phoenix, and Chicago. Although the Lincoln Rackhouse brand was retired last year, the firm remains a key player in the industry with its innovative approach to data center development.
Partner Contributions and Market Context
Gigabit Fiber, headquartered in Dallas, brings its extensive fiber optic infrastructure expertise to the project, enhancing the connectivity of the campus. Tradition Holdings, a Dallas-based investment firm, rounds out the partnership by contributing its financial acumen and local market knowledge.
South Dallas continues to emerge as a hub for data center development. The region’s current projects, totaling over 678MW under construction, are expected to be completed by 2025 and 2026. This development aligns with the growing demand for data center capacity, offering significant opportunities for new facilities like Lincoln’s.
FAQ
What is the projected size and capacity of Lincoln’s Dallas data center campus?
The campus will span 131 acres and feature four buildings with a combined capacity of up to 540MW across 800,000 square feet of data center space.
When will construction on the Dallas data center campus begin?
The first phase of construction is scheduled to start in Q1 2025, beginning with a 7,500-square-foot facility offering 2MW of IT capacity.
Who are Lincoln’s partners in this project?
Lincoln Property Company is collaborating with Gigabit Fiber and Tradition Holdings to develop the data center campus.
What makes South Dallas a strategic location for data centers?
South Dallas is experiencing rapid growth in data center development, with over 678MW under construction and significant pre-leasing activity. Its strategic location and market demand make it an ideal hub for data centers.
Has Lincoln completed similar projects in the past?
Yes, Lincoln has developed and managed data centers in markets such as Atlanta, Washington, D.C., Phoenix, and Chicago. The company has successfully repurposed underutilized assets into high-density, multi-tenant data centers.
By consolidating cutting-edge infrastructure, strategic partnerships, and industry expertise, Lincoln Property Company is poised to make a significant impact on the data center landscape in Dallas and beyond.