According to a recently announcement, the development of the first phase of a new carrier-neutral core interconnection facility at 325 Hudson Street by Jamestown Properties, Amerimar Enterprises, Inc. and Hunter Newby (News - Alert) is currently underway. The10-story, 240,000-square-foot telecom building will have direct access to transatlantic cables as well as all the premier providers of metro and regional fiber.
In a statement, Michael Phillips, COO of Jamestown, said that, "With New York City's rising demand for connectivity driven by Internet services and application development, Jamestown is proud to draw on the legacy of innovation in this space that began with our investments at 111 8th Avenue and Chelsea Market. With our partners Amerimar and Hunter Newby, experts in technology-oriented real estate and telecom, we are excited to offer a state-of-the-art new product to our customers at a great value."
Cage and cabinet spaces and a large Meet Me Area ("MMA") will be built in the first phase of development. 325 Hudson, which was recently acquired by the partnership, was initially built as an industrial building and was converted into a telecommunications center in 1998. The building sits in the prime telecom center of New York City and enjoys direct connectivity to transatlantic cables and the Hudson Street corridor. Features such as heavy floor loading capacity and 12-foot ceilings, in addition to HVAC, power, and back-up power supply have all been designed into the building.
Jerry Marshall, president and CEO of Amerimar, said that, "The initial response from the carrier community has been overwhelmingly positive and we look forward to continuing to sign up new customers as we forge ahead to a Spring 2013 completion of the first phase of our expanded Meet Me Room.”
Development of the project couldn't have been at a more opportune time as both the New York and New Jersey Metro markets are increasingly in need of carrier-neutral connectivity options. The ownership and management of 325 Hudson Street and the Meet Me Room of the building is being jointly shared and does not come with any fixed monthly recurring cross connect fees. Post the development, the building will offer global network operators with a reliable, stable and long-term neutral environment conducive to the New York City market.
Edited by Brooke Neuman