CyrusOne Breaks Ground on New Data Center Campus in Council Bluffs, Iowa
December 10 2019 - 9:00AM
Business Wire
Situated on the Strategic 41st Parallel, New
Data Center Provides Access to High Bandwidth for Large Cloud
Companies
CyrusOne a premier global data center REIT, has celebrated
breaking ground for its data center site in Council Bluffs, Iowa.
Located at 4700 Gifford Rd, the first phase of the facility will be
ready for occupation in the Fall of 2020. Upon completion, the site
will have 24 MW of total power available across roughly 60,000
square feet of data hall space for cloud customers.
The new data center campus is strategically located on the 41st
parallel, with the majority of data traffic in the United States
passing through Council Bluffs via a large collection of fiber
optic cables from the nation’s telecommunication companies. Upon
completion, the new data center will provide CyrusOne customers
with unparalleled access to high bandwidth with close proximity to
some of the world’s largest cloud companies empowering enterprise
customers in their hybrid cloud journey with low latency cloud
connectivity.
“CyrusOne has a proven track record of building data centers in
strategic locations to meet the needs of our customers. In many
ways, Council Bluffs, with its location on the 41st parallel, is
the epicenter of this new digital era. The world’s leading cloud
companies continue to invest billions of dollars along this
parallel across multiple states and planting a flag in Council
Bluffs will allow our customers to capitalize on this unique part
of the United States fiber network,” said Gary Wojtaszek, CEO of
CyrusOne. “We are excited to partner with Mayor Matt Walsh and the
city of Council Bluffs as we help bring local jobs and investment
to Iowa.”
“CyrusOne is a respected leader within the data center
industry,” said Mayor Matt Walsh of Council Bluffs. “Their
company’s success and continued growth are directly attributable to
consistently providing their customers with robust technology
solutions that answer businesses' unique need for information while
overcoming limiting data capacity constraints. We are ecstatic that
CyrusOne has chosen Council Bluffs as their most recent location
for business expansion.”
Safe Harbor Note
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
The Company intends such forward-looking statements to be covered
by the safe harbor provisions for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995
and includes this statement for purposes of complying with these
safe harbor provisions. All statements, other than statements of
historical facts, are statements that could be deemed
forward-looking statements. These statements are based on current
expectations, estimates, forecasts, and projections about the
industries in which the Company operates and the beliefs and
assumptions of the Company’s management. Words such as “expects,”
“anticipates,” “predicts,” “projects,” “intends,” “plans,”
“believes,” “seeks,” “estimates,” “continues,” “endeavors,”
“strives,” “may,” variations of such words and similar expressions
are intended to identify such forward-looking statements. In
addition, any statements that refer to projections of the Company’s
future financial performance, the Company’s anticipated growth, and
trends in the Company’s businesses, the potential impact of the
ransomware incident described in this press release and other
characterizations of future events or circumstances are
forward-looking statements. Readers are cautioned these
forward-looking statements are based on current expectations and
assumptions that are subject to risks and uncertainties, which
could cause the Company’s actual results to differ materially and
adversely from those reflected in the forward-looking statements.
Factors that could cause or contribute to such differences include,
but are not limited to, those discussed in this release and those
discussed in other documents the Company files with the Securities
and Exchange Commission (the “SEC”). More information on potential
risks and uncertainties is available in the Company’s recent
filings with the SEC, including the Company’s Form 10-K report,
Form 10-Q reports, and Form 8-K reports. The Company disclaims any
obligation other than as required by law to publicly update or
revise any forward-looking statement to reflect changes in
underlying assumptions or factors or for new information, data or
methods, future events or other changes.
About CyrusOne
CyrusOne (NASDAQ: CONE) is a high-growth real estate investment
trust (REIT) specializing in highly reliable enterprise-class,
carrier-neutral data center properties. The Company provides
mission-critical data center facilities that protect and ensure the
continued operation of IT infrastructure for approximately 1,000
customers, including more than 200 Fortune 1000 companies. With a
track record of meeting and surpassing the aggressive
speed-to-market demands of hyperscale cloud providers, as well as
the expanding IT infrastructure requirements of the enterprise,
CyrusOne provides the flexibility, reliability, security, and
connectivity that foster business growth. CyrusOne offers a
tailored, customer service-focused platform and is committed to
full transparency in communication, management, and service
delivery throughout its nearly 50 data centers worldwide.
Additional information about CyrusOne can be found at
www.cyrusone.com
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version on businesswire.com: https://www.businesswire.com/news/home/20191210005077/en/
Media Contact: David M. Baum CyrusOne@allisonpr.com +1
646.428.0620
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