A new state-of-the-art data and technology center is set to transform a historically industrial site in Denver's District 9. The proposed development, covering approximately 600,000 square feet at 5050 North Ray Street, is expected to generate a capital investment of up to $2.25 billion, significantly bolstering city services and creating sustainable job opportunities.

The site, previously a concrete manufacturing facility for 70 years, is already zoned for industrial use, allowing the project to proceed without the need for rezoning. The development promises to enhance the community with new sidewalks, landscaping, lighting features, and open spaces, addressing local needs for a bike-friendly environment and improved flood management through new water detention facilities.

CoreSite, the Denver-based developer and operator behind the project, plans to provide services to over 100 businesses, ranging from startups to Fortune 500 companies. The facility will support the digital transformation of IT infrastructure, catering to the growing demand for cloud-enabled services, remote learning, and advanced technology applications.

In addition to the long-term creation of 75 sustainable jobs, the project will generate an average of 175 construction jobs during its development phase. CoreSite, known for its commitment to energy efficiency and environmental standards, aims to operate the facility with a power usage effectiveness (PUE) that is 20% below the industry average, while recycling a significant portion of its waste.

Community engagement has been a priority for the developers, who conducted outreach efforts despite not being required to hold a community meeting. A session was held in June to inform residents about the project and facilitate direct communication with stakeholders.

As the demand for data centers continues to rise, driven by changing work habits and the expansion of cloud technology, this development is poised to play a crucial role in supporting Denver's digital economy and infrastructure needs.