DALLAS – March 31, 2025 – Gigabit Fiber, a Dallas-based metro fiber provider, and DataBank, a leading provider of enterprise-class data centers, today announced the extension of their long-term lease agreement at 400 S. Akard in downtown Dallas, Texas. The expanded agreement includes additional space and power, reinforcing the companies’ deepening commercial relationship.
As part of the lease extension, Gigabit Fiber will develop a state-of-the-art office, lab, and hyper-connected data center environment. The upgraded facility will serve as a key hub for Gigabit’s most important personnel and network operations.
The investment also includes the deployment of a multi-million-dollar, next-generation optical network engineered to support the growing demands of cloud computing, artificial intelligence, and ultra-low-latency high-capacity connectivity. This network interconnects over 40 data centers throughout the Dallas metroplex, providing on-demand IP transit, wave, and dark fiber services.
The meet-me room at 400 S. Akard, known for its exceptional “data gravity,” will be further enhanced by Gigabit’s network, amplifying the rich digital ecosystem already in place.
“Our commercial relationship with DataBank began in 2002 and has steadily grown over the past two decades,” said Tom Spackman, CEO of Gigabit Fiber. “Our renewed, long-term commitment to 400 S. Akard is a testament to the power of a highly connected, expertly managed interconnect environment. We share a symbiotic relationship with DataBank and recently launched a high-capacity network serving their new Red Oak, Texas campus. We’re excited to continue building on this momentum.”
“We are excited to have Gigabit Fiber expand their presence with DataBank at DFW1,” said Raul Martynek, DataBank’s CEO. “Their expansions at our DFW1 facility further expand the extensive range of connectivity solutions available to our joint customers and help cement 400 S. Akard as one of the top interconnection points in the Dallas market.”
About Gigabit Fiber
Gigabit Fiber is a Dallas-based metro fiber optic infrastructure provider enabling high-speed, high-reliability, cost-effective connectivity solutions for hundreds of clients, including many of the largest carriers, enterprises and institutions operating in Texas. Gigabit Fiber owns and operates more than 1,000 route miles of deep fiber and conduit systems in Dallas, Austin, San Antonio, El Paso, and South Texas.
About DataBank
DataBank helps the world’s largest enterprises, technology, and content providers ensure their data and applications are always on, always secure, always compliant, and ready to scale to meet the needs of the artificial intelligence era.
Recognized by Deloitte in 2023 and 2024, and Inc. 5000 in 2024 as one of the fastest-growing private U.S. companies, DataBank’s edge colocation and infrastructure footprint consists of 65+ HPC-ready data centers in 25+ markets, 20 interconnection hubs, and on-ramps to an ecosystem of cloud providers with virtually unlimited reach.
We combine these platforms with contract portability, managed security, compliance enablement, hands-on support, and a guarantee of 100% uptime availability, to give our customers absolute confidence in their IT infrastructure and the power to create a boundless digital future for their business.
To learn more, visit: www.databank.com.
