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DataBank lands its biggest construction loan yet for Dallas data centers

$2 billion loan to speed up construction of three buildings leased to tech firm
Construction is underway on three data center buildings at DataBank's campus in Red Oak, Texas, on behalf of an undisclosed tech tenant. (CoStar)
Construction is underway on three data center buildings at DataBank's campus in Red Oak, Texas, on behalf of an undisclosed tech tenant. (CoStar)
CoStar News
April 22, 2026 | 3:16 P.M.

Data center developer DataBank has landed $2 billion in construction financing for three of its eight planned buildings at a Dallas-area campus in a move that accelerates the completion timeline for the hub.

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News | DataBank lands its biggest construction loan yet for Dallas data centers