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News & Press: Colorado Technology Industry

Denver Tech Center to see $50 million expansion from data center company - Latisys

Tuesday, November 22, 2011   (1 Comments)
Posted by: Catharine Lurie
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Colorado Technology Association member Latisys announces new data center and jobs

POSTED: 11/21/2011 01:00:00 AM MST

By Andy Vuong
The Denver Post

Englewood-based Latisys will announce plans today to build a new data center in the Denver Tech Center, a $50 million project that is expected to create dozens of direct and indirect jobs.

The 82,000-square-foot facility will be the company's second data center on its 6.5-acre DTC campus and eighth nationwide.

"We'll end up creating, out of the gate, construction jobs that will probably number ... 50 to 80," said Latisys chief executive Pete Stevenson. "When the center is completed and open, we'll probably add between 15 to 20 people."

The company expects to complete the first 20,000 square feet in the third quarter of 2012. The full build-out could take three years and cost "north of $50 million," Stevenson said.

Data centers store computer servers and other equipment for businesses and provide Internet connectivity. Operators such as Latisys also offer disaster recovery, Web hosting and related services.

Stevenson said the company is expanding in the Denver area because of "strong demand in the marketplace for co-location and managed services and cloud services."

"It'll be the newest data center in Denver probably in the last five or six years," he said.

Latisys employs 150 people nationwide, including about 50 at its headquarters. Customers include Denver-based Photobucket and Guess jeans.

"Latisys' investment in the Denver market is another sign of the strong momentum we have seen that Colorado is a great place to do business," Colorado Technology Association president Su Hawk said in a statement.

Colorado recently landed the headquarters relocation of Fortune 200 companyArrow Electronics.

 

Andy Vuong: 303-954-1209,avuong@denverpost.comor twitter.com/andyvuong

Comments...

Brittany Hill, Latisys says...
Posted Tuesday, November 22, 2011
Sweet! ;)

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