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New Hillwood Venture Kicks Off with 'Byte' from Alliance for 1.1-Mil SF Cyberspace Complex

DALLAS-Hillwood's newest division, Teraspace Networks, will build "from the ground up" bricks for Internet clicks, with the first data center already under way at Alliance Gateway. More are planned for Dallas, then come Austin, Phoenix, Houston and Denver.

By Connie Gore | Updated on December 07, 2000

DALLAS-Hillwood is launching a new entity, Teraspace Networks, to provide bricks for Internet clicks in the Dallas-Ft. Worth region while making plans to build more “from the ground up” data centers in Austin, Phoenix, Houston and Denver.

Teraspace Networks has been on the drawing boards for some time, marked by a hushed construction project at Ft. Worth’s Alliance Gateway. As it turns out, the construction is the first phase of a 1.1-million sf Internet data center complex, just the first of several being planned by the new Hillwood division. Heading up the operation is James Trout, a former vice president and corporate facilities officer for ProLogis Trust.

Construction is expected to wrap up in March 2001 on the Alliance Gateway Internet Data Center as dirt begins flying on a 24-acre tract in Richardson’s Telecom Corridor and 21-acre parcel on the south side of the Dallas-Ft. Worth International Airport, Trout told GlobeSt.com. Each site will contain a 200,000-sf data center. Contracts are pending on the land acquisitions.

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