Denver-based data center company CoreSite Realty Corp. plans to greatly expand its presence in Reston, building more than more than 660,000 square feet of new data center capacity.
The company said it may invest $400 million to $500 million in a multi-phase build-out of the Sunrise Technology Park (STP), a 21.75-acre, light-industrial/flex office park in Reston.
The company is paying more than $60 million for STP, which is located less than a mile from CoreSite's existing Reston buildings.
The STP site now has four buildings totaling 315,000 square feet. CoreSite estimates that it could build more than 660,000 square feet of new data center capacity.
