PHXA

We invest in your success through speculative development in markets where we see future demand and in locations where TCO can be optimized, risk is low, network connectivity is robust, and sustainability is easily achievable. Our data center in Phoenix certainly fits the bill and is fast becoming a prime destination for hyperscalers and enterprises alike.

Sales tax exemptions translate to deployment savings
A 20-year sales tax exemption on equipment purchases is available to all Steam tenants leasing 500 kW of capacity or more for at least three years. Another incentive, which enhances Arizona’s additional depreciation allowance for property tax, provides additional savings.

Low-cost power yields significant OpEx savings
Phoenix continues to be one of the lowest TCO markets for data center operations. With the cost of electricity ranging from $0.060 to $0.069 per kilowatt hour, our Phoenix data center could provide over 50% in power cost savings relative to a high-cost market like Silicon Valley.

Natural disaster risk is negligible
When it comes to natural disasters, Phoenix is one of the lowest risk metro areas in the United States. The city’s location is naturally protected, and greatly reduces any danger from hurricanes, hailstorms, earthquakes, tornadoes, floods, or wildfires.

Renewable energy options abound
Nearly half of the local power utility (APS) energy mix is carbon free. Renewable resources include solar, wind, biomass, biogas, and geothermal power.

Phoenix is a great place to do business
Arizona is well-regarded as one of the most business-friendly states in the country and Goodyear (a suburb located near Phoenix) is one of the fastest growing cities in the U.S. The high-skill, relatively low-cost labor market is continuously refreshed by graduates from the #1 most innovative university in the country (ASU) and the largest community college system in the country.