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Equinix to develop new data center at Netherlands property

EquinixInc. will build a new International Business Exchange at itsexisting campus at the Amsterdam Science Park in the Netherlands.

The first-phase investment for the AM4 data center will amountto $113 million. The data center will have 1,555 cabinets. The 70-meter highAM4 will be adjacent to the company's AM3 data center.

The four expansion phases of the facility will require atotal investment of $189 million, with 4,200 cabinets to be provided over eightfloors. The total usable floor area will exceed 124,000 square feet.

The building and first phase should be completed andoperational by the second quarter of 2017.