DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed services, announced on September 10, 2024, the development of a 480MW data center campus on 292 acres of land in Red Oak, TX. The new "Red Oak Campus" will accommodate up to eight, 2-story data centers, each totaling 425,000 gross square feet, and a total of 3.4M square feet. The Phase 1 design will feature 4 buildings and a 400MW sub-station from Oncor, delivering up to 240MW of critical IT power, with the ability to increase this to a total of 480MW in Phase 2. The construction at the site has already begun, with an initial Ready for Service date of Q2-2026. This is DataBank's third new campus announcement in the past twelve months, adding to its acquisitions in Atlanta and Northern Virginia. When fully developed, the three acquisitions will add more than 450 acres, 5.8M square feet of gross data center space, and 792MW of power to DataBank’s portfolio.