Dec 26, 2023
Modernizing DTLA with New 230K SF Data Center
Los Angeles is about to witness a significant transformation in its real estate landscape. A new data center is in the pipeline, set to be housed in a 13-story building at 727 South Grand Avenue, Downtown Los Angeles.
Traded Editorial
Introduction
Los Angeles is about to witness a significant transformation in its real estate landscape. A new data center is in the pipeline, set to be housed in a 13-story building at 727 South Grand Avenue, Downtown Los Angeles. This development is not just any ordinary project; it's a game-changer that will redefine the city's skyline and its digital infrastructure.
A New Era in Downtown LA
With an application already filed, the proposed data center will occupy a 13-story building, complete with a subterranean level. The building will cover a total built-up area of 229,756 square feet, making it a significant addition to the downtown area. This project represents a new era in the city's real estate development, blending technology and infrastructure in a unique way.
Situated on a plot covering 0.89 acres, the project entails the removal of an existing five-story parking structure. The undertaking aims to establish a new data center housed within a 13-story building, inclusive of one subterranean level. The constructed facility will encompass a total built-up area of 229,756 square feet. Within the data center, provisions will be made for data processing equipment, offices, a lobby, storage areas, as well as generators and electrical equipment. The data center's spatial distribution includes 172,602 square feet allocated to data hall spaces, 13,327 square feet designated for offices, a 1,731 square-foot lobby, 1,064 square feet for amenity spaces, and 3,233 square feet for storage purposes. The building's height is slated to reach 280 feet, with parking facilities proposed for the initial three floors.
The Impact on Real Estate
The new data center will undoubtedly have a profound impact on the local real estate market. It's not just about the physical space it will occupy; it's about the potential it brings. The center could attract tech companies and startups, potentially driving up demand for commercial and residential properties in the surrounding area. This could be a golden opportunity for real estate investors and homeowners alike.
Looking Ahead
While the project is still in its early stages, the anticipation is already building. As we look forward to the completion of this data center, we can't help but imagine the potential ripple effects on the Los Angeles real estate market. This development could be a catalyst for further growth and innovation, making Downtown LA an even more attractive destination for businesses and residents.