Canada CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Cross Border News  + Quebec  + Industrial  | 

Canada’s 5C to Develop Data Centres in Phoenix

Canada’s 5C has launched a new data-centre development project in Phoenix as part of the company’s expansion into region.

Montreal-based 5C indicated that it will develop more Phoenix-area data centres but did not offer a specific timeline for doing so. The company has expanded rapidly since starting up in 2023.

Known as PHX01, the inaugural 140,000-square-foot facility is slated to commence operations in 2025. The new centre will be able to accommodate the most demanding AI and machine- learning workloads, supporting power densities of up to 132 kilowatt hours per cabinet, according to a company news release.

“This project will bring economic growth and high-quality job opportunities to the area,” said Laura Pastor, a Phoenix city councillor. “We are excited to see [these] substantial investment and infrastructure improvements to the neighbourhood.”

Montreal-based 5C is a leading data-centre provider, serving hyperscalers, cloud-computing providers, and enterprise customers across North America. The company is headed by Steve Perez, who previously worked with Vantage, Hypertec and Bell, among other technology firms.

Connect

Inside The Story

Steve Perez5C

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

  • ◦Development
New call-to-action