April 11, 2013

New data center at Albany's nanocollege to create up to 1,000 jobs

By: Pam Allen

Source: The Business Review

A plan that consolidates the state's 50 data centers to two buildings at Albany’s College of Nanoscale Science and Engineering could attract as many as 1,000 new private-sector jobs to the Capital Region.

Those jobs would be created as fiber-optics and companies move to the area or hire additional workers to support operations at the data facility. State leaders expect the merger to bring between 500 and 1,000 new jobs to the Albany area over five to seven years.

Under the agreement with the state and the nanoscale college on Fuller Road, the state will lease 45,000 square feet of space in two campus buildings at a cost of approximately $4.5 million per year. The lease is for 15 years and has a potential five-year extension.

State employees will staff the data center.

The first phase calls for leasing 10,000 square feet at the nanoscale college starting in September of this year. The remaining space will be occupied in 2014.

The consolidation, which was announced April 10, is expected to save the state $300 million that it would have cost to build a new data center, and more than $500 million over the next 20 years by moving the existing data sites from leased space to state property.

The College of Nanoscale Science is recognized as the world's most renowned nanotechnology research center. It has grown from a single building in 2002 to a $14 billion complex where students, educators and researchers from 250 private companies work side-by-side in shared lab and research space.