Developer intends to add colocation facilities
New York-based real estate developer Mag Partners may build data centers on a 235-acre development in Baltimore.
Baltimore is the most populous city in the state of Maryland.
Mag Partners manages Baltimore Peninsula, a mixed-used development on a waterfront peninsula in South Baltimore. So far, 1.1 million sq ft (100,000 sqm) of apartments, offices, and retail out of an intended 14 million sq ft (1,300,000 sqm) has been constructed.
CEO Mary Anna Gilmartin told Bisnow that she was in discussions to build colocation data centers on one portion of the site. Details of the scope of the facility and which company might operate it weren't shared.
No deal has yet been finalized. The CEO emphasized that this would not prevent the construction of other kinds of property.
“So over the short term, what we’re focused on is the abundance of flexibility that we have so we can meet the market where it is," she said. “We’re getting a lot of data center interest. That’s because we have a lot of land, we’ve got access to power.”
Gilmartin said that the utility company, Baltimore Gas and Electric (BGE), would be able to power the facility. As reported by The Baltimore Banner, BGE is preparing to spend more than $130m on a substation and related infrastructure for the proposed development.
Maryland is not a major data center market, but most of its facilities are clustered around Baltimore. The state governor signed a bill easing restrictions around data center backup generators last May.
