Charlotte data center company Peak 10 will nearly double its footprint in the city with a new 62,000-square-foot facility in the University Research Park area, officials said Wednesday.
Peak 10 operates data centers for small- to mid-sized businesses that cant afford down time or lost data. The privately-held company has flourished since relocating to Charlotte with 11 employees in 2000, as smart phone use, payment processing and other data-heavy sectors boomed.
The facility to be built in the David Taylor Corporate Center will include its 23rd data center. The site will supplement Peak 10s headquarters in south Charlotte, giving the company closer proximity to its University-area clients. It will be Peak 10s third local expansion in seven years.
Peak 10 will initially occupy about a quarter of the building. Once it expands into the full facility as its customer base grows, it will have invested nearly $50 million in Charlotte, CEO David Jones said.
The company has hired about 30 employees in the past year and expects to match that in 2012. Company-wide, it employs about 350 workers in 10 cities, one third of them in Charlotte.
More than 100 construction workers will build the new center over the next nine months.
Mayor Anthony Foxx called Peak 10s expansion an amazing example of the kind of ingenuity present among entrepreneurs in the city. The fact that Peak 10 is growing is evidence that our economy is growing.
Keith Crisco, North Carolinas secretary of commerce, said the company is among those that spotted growth trends and took advantage of them. Somebody saw a need, he said, and they met it.