As market shifts, developer plans new data centre
As Toronto sees a rise in data centres, one developer is responding to demand by planning a facility just outside the city’s core.
The proposed 87,000-square-foot facility is intended to attract corporate clients to rent out racks of servers – or one prime tenant that will rent out the entire building, says Charles Goldsmith, president of Beeches Development Inc., the leading firm behind the project. It’s expected that Toronto-based companies seeking proximity to their data servers will be most drawn to the site, to be located in the Leaside neighbourhood at 154 Wicksteed Ave.
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