American Tower’s CoreSite Begins Construction on New 180,000 Sq Ft DE3 Data Center in Denver

American Tower (NYSE:AMT) is one of the best infrastructure stocks to buy with huge upside. On October 6, CoreSite, which is an American Tower company that offers interconnected data center solutions, celebrated a major construction milestone for its new DE3 data center in Denver. The development expands the company’s existing Denver market footprint, which currently includes two facilities downtown: DE1 at 910 15th Street, which is the recently purchased Denver Gas and Electric Building and is one of the most interconnected buildings in the Rocky Mountain Region, and DE2 at 639 E. 18th Ave.

The DE3 data center is the first purpose-built colocation data center to be constructed in Denver in the last two decades. It will be a 180,000-square-foot facility built to meet the demand for high-density, high-performance compute environments that power AI, cloud, and other mission-critical workloads.

American Tower's CoreSite Begins Construction on New 180,000 Sq Ft DE3 Data Center in Denver

The facility will be linked to the existing DE1 and DE2 data centers via high-count dark fiber. Once the Denver data center campus expansion is completed, it will deliver approximately 600,000 square feet with 60 critical megawatts of power. The DE3 data center is targeted for availability in 2026.

American Tower (NYSE:AMT) is one of the largest global REITs and is an independent owner, operator, and developer of multitenant communications real estate with a portfolio of ~150,000 communications sites and an interconnected footprint of US data center facilities.

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Disclosure: None. This article is originally published at Insider Monkey.