STACK INFRASTRUCTURE, Hillwood, and IPI Partners Announce Partnership
The partnership will develop hyperscale data center campus at AllianceTexas.
STACK INFRASTRUCTURE and Hillwood have announced that they have partnered to co-develop a data center campus at AllianceTexas. The partnership is a continuation of the joint venture originally formed in October 2017 between Hillwood and IPI Partners, an investor in data centers and other technology and connectivity-related real assets co-sponsored by ICONIQ Capital, LLC and an affiliate of Iron Point Partners, LLC. This announcement follows the recent launch of the STACK platform on January 15, 2019.
AllianceTexas is a 26,000-acre master-planned, mixed-use project developed by Hillwood, located in north Fort Worth with 45 million sq ft of development and over $9 billion in private investment to-date. AllianceTexas is home to five data centers including Facebook’s fifth global data center campus and four other FORTUNE 500 users. Over 400 acres are dedicated specifically for data centers, with critical infrastructure in place to ensure uninterrupted power, telecommunications, and operations for customized hyperscale facilities. At full build-out, the data center campus is capable of delivering 400+ megawatts of dedicated critical power, replicating the current capacity of the entire Dallas/Fort Worth market.