Sobeys, Sun Life Financial and Regus Group are the latest to sign leases for the Waterloo Corporate Campus development at Northfield Drive and Weber Street North, said Mark Kindrachuck, president of Intermarket Real Estate Group.
The Waterloo Corporate Campus, one of the largest redevelopments of a former industrial site in Waterloo Region, is a hive of construction activity. The $150-million project calls for up to 18 new buildings, including a 57,000-square-foot data centre.
Sourced through Scoop.it from: www.therecord.com
The data centre will be the single most expensive building in the development with an estimated cost of $50 million. It will have two independent power supplies, backup generators, two sources of high-capacity fibre optics, emergency lighting and a powerful ventilation and cooling system.