Data Center & Cloud Computing

The Canadian data center market is worth over $5 billion and forecast to grow over 10%, yearly, according to IDC Canada. Mark Kindrachuk, principal of Intermarket, brings a strong background to the data centre field through his previous employment at IBM Real Estate in which he planned and constructed data centres and office space; and as Asset Manager at CN Real Estate for 151 Front Street which is now the pre-eminent data centre in Toronto. Intermarket is currently involved with three (3) data centre initiatives: i) a 50,000 sf co-location facility in Waterloo, ON and ii) a mixed-use office project in Cambridge, ON that includes two (2) large-scale data centres.

Why Waterloo Region?
Extensive analysis has been completed with respect to the key criteria for data centres and Waterloo Region is an ideal location:

  1. Trigeneration and District Energy opportunities are available in order to reduce the Power Usage Effectiveness (PUE) ratio; as well as providing excellent sustainability capabilities.
  2. North America is a preferred area for data centers and Southern Ontario has the added benefit of being a low risk region for natural disasters.
  3. Canada has the added benefits of colder ambient temperatures to lower cooling requirements in order to reduce operating costs.
  4. Canada has enhanced data privacy laws through the Personal Information Protection and Electronic Documents Act (PIPEDA)
  5. The subject sites are approximately 100km from downtown Toronto where the power grid is at capacity, and Waterloo Region has newer and more reliable hydro infrastructure.
  6. Waterloo Region is “Canada’s Technology Triangle” with great access to Information Technology (IT) professionals as over 700 IT firms are located in the area.
  7. Waterloo Region is home to industry leading companies in technology, financial services and manufacturing; and is one of the fastest growing areas in Canada.
  8. Major post-secondary schools; such as the University of Waterloo (cloud computing research), Wilfrid Laurier University and Conestoga College are located in Waterloo Region.
  9. Substantial power from the municipally-owned electrical utility is available to both sites.
  10. Multiple sources of fibre from major carriers are currently available to each property.

Data Centre  – Waterloo Corporate Campus – Waterloo, ON

The Waterloo Corporate Campus project includes a co-location data centre and this facility will provide state-of-the-art managed services and hosting capabilities. This 57,000 sf building will include 25,000 sf of ‘white-space’ with an additional 22,000 sf for office, equipment and administrative uses. Construction is commenced in 2013 and is currently ongoing.



Data Centre or Cloud Computing Opportunities – IP Park – Cambridge, ON

IP Park is a 225 acre master-planned development in Cambridge, Ontario (Waterloo Region). The vision for the project is based on creating a high-quality office campus in a park-like setting that also incorporates data centres and cloud computing facilities as an integral component of the overall development.

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