$2B DataBank Red Oak AI Data Center Campus Needs 10 Low Voltage Systems

DataBank closed a $2.0 billion construction loan — the largest in company history — to build the first three data centers at its Red Oak campus, 20 miles south of Dallas. The 292-acre, eight-building hyperscale development will reach 3.4 million square feet and 480 MW at full buildout, and it requires all ten core low voltage systems. Estimated LV opportunity for the financed phase: roughly $80 million — and per project records, the specialty low voltage packages have not yet been publicly awarded.

Project Overview

DataBank Red Oak is an under-construction, AI-ready hyperscale campus at 3080 Batchler Rd. in Red Oak, Texas, in the fast-industrializing corridor south of Dallas. The $2.0 billion construction financing closed on April 21, 2026, with MUFG Bank as administrative agent, coordinating lead arranger, and sole bookrunner — a deal DataBank says accelerates its construction and delivery timeline by roughly 18 months.

• 292 acres — full campus footprint
• Eight buildings — two-story data centers of ~425,000 gross sq ft each, up to 3.4M sq ft total
• 480 MW — total critical IT power at full buildout
• DFW9–DFW11 — the financed first three buildings: 600,000 sq ft and 180 MW, already leased
• 400 MW Oncor substation — Phase 1 delivers up to 240 MW of critical IT power
• First Ready-for-Service: Q2 2026 — construction is well underway now

Industry reports identify Oracle as the anchor tenant for the first four buildings on the campus — consistent with the wave of Oracle AI-capacity leasing that has reshaped the Texas data center map over the past year. The $2 billion loan follows a $1.6 billion credit facility expansion and a $1.1 billion hyperscale securitization, bringing DataBank's total financing over the past year to $4.7 billion.

Key Players

Role	Company	Notes
Owner / Developer / Operator	DataBank	Dallas-based operator of 65+ data centers; Red Oak is its largest campus
General Contractor (DFW9, DFW11)	Rogers-O'Brien Construction	Major Texas GC
General Contractor (DFW10)	Yates Construction	National GC with deep mission-critical portfolio
Architect	JHET Architects	Data center design firm
Utility	Oncor	400 MW on-campus substation
Anchor Tenant	Oracle (per industry reports)	First four buildings
Construction Financing	MUFG Bank-led syndicate	$2.0B loan closed April 21, 2026

Two different GCs running parallel buildings is a detail worth noting for subcontractors: it means two separate bid pipelines for trade packages on the same campus, on overlapping schedules. And project records explicitly note that specialty low voltage package awards remain unknown — this campus is active bid territory.

Low Voltage Systems Breakdown

System	Scope at Red Oak	Complexity
Fiber / Outside Plant	Campus backbone and carrier entry across 292 acres and eight buildings; DFW metro carrier density	High
Structured Cabling	600,000 IT sq ft in the first three buildings alone; 3.4M sq ft at buildout	High
Access Control	Perimeter-to-cabinet layered security to hyperscale tenant standards	High
CCTV / Video Surveillance	Full campus and hall coverage; Oracle-grade security requirements	High
Fire Alarm / VESDA	Aspirating detection and clean-agent integration across two-story halls	High
BMS / Controls	Cooling plant monitoring and substation interface across phased delivery	High
Networking	Meet-me rooms and AI/HPC-ready fabric support	High
DAS	In-building coverage across concrete two-story structures	Medium
Grounding & Bonding	Signal reference grids and lightning protection adjacent to a 400 MW substation	High

Estimated Low Voltage Value: $80M

The project database carries no pre-computed LV value, so we apply Signal's hyperscale data center benchmark of approximately 4% of construction value for low voltage and structured infrastructure scope. Against the $2.0 billion financed phase (DFW9–DFW11), that puts the estimated LV opportunity at roughly $80 million — cabling, security, fire, controls, and grounding packages across three buildings delivering on staggered schedules. Full campus buildout (eight buildings, 480 MW) would carry proportionally more. With two GCs letting packages in parallel and LV awards not yet public, this is one of the most actionable hyperscale opportunities Signal is tracking in Texas.

Skills & Certifications

• BICSI RCDD and DCDC — data center design credentials, increasingly required at bid time
• BICSI INSTC/INSTF and FOA CFOT — fiber installation and certification at campus scale
• NICET Fire Alarm Level II+ — with VESDA/aspirating and clean-agent suppression experience
• Access control and video manufacturer certs — Genetec, Lenel, Software House, Axis
• IEEE/BICSI grounding and bonding — signal reference grids and lightning protection near major substation infrastructure
• IEC 62443 awareness — BMS/OT cybersecurity requirements on AI-era campuses

Market Signal: DFW Is Now the #1 Data Center Market on Earth

In 2025, Dallas–Fort Worth overtook Northern Virginia to become the top-ranked primary data center market globally, according to Cushman & Wakefield's annual rankings. CBRE projects DFW inventory will more than double by the end of 2026, with roughly 600 MW of critical IT load under construction — 95% of it preleased — and vacancy at a record-low 1.8%.

The southern corridor — Red Oak, Lancaster, Waxahachie — is where the land and power are, and DataBank's campus sits at the center of it. For low voltage contractors in North Texas, the takeaway is direct: hyperscale campuses with multiple GCs and unawarded specialty packages are the highest-value pipeline in the region, and crews with data center credentials are the constraint, not the demand. Position for the DFW9–DFW11 packages now; five more buildings follow behind them.

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