The London Legacy Development Corporation has signed a deal with UK datacentre provider Infinity SDC to develop Infinity Stratford – a datacentre facility at the heart of the Queen Elizabeth Olympic Park.
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The datacentre will be ready by 2015 and will provide enterprises with 140,000ft2 of net technical space supported by 40MVA (megavolt ampere) of power.
The strategic location of the IT facility – close to the majority of the UK’s internet peering points and financial enterprises requiring minimal downtime – will help it offer low-latency connections and improved data speeds to businesses.
The facility will be built in iCity, the new digital hub within the Olympic Park that aims to deliver an economic legacy from the London 2012 Olympics. A joint venture between Infinity SDC and real estate developer Delancey, iCity aims to add £340m to the local economy and £460m in GDP to the national economy. It will also create more than 6,500 local jobs.
Being perfectly located for the City of London and Docklands markets, the datacentre will support the flourishing digital and creative businesses within iCity, according to Infinity.
The company expects the facility to become "one of the largest and most efficient datacentres in Europe”.
iCity will also build a centre for innovation and enterprise at the former Press and Broadcast Centres in the park by 2015. Other iCity tenants will include BT Sport and Loughborough University.
So far, a total of £1bn has been invested in the Olympic media centre to transform it into a digital hub.