Flexential's $192 Million Parker Data Center Set to Open in January

At the corner of Chambers Road and Compark Blvd. in Parker, a 249,000-square-foot data center is weeks away from going live, and the most direct question for Douglas County isn't who Flexential's tenants will be. It's what the 22.5-megawatt power draw means for the Core Electric Cooperative members who share the grid.

PCL Construction announced structural completion of the facility in a press release that put the project cost at roughly $192 million. The building sits on 17 acres within Compark Business Campus and is Flexential's largest among its four Denver-area data centers, with an expected in-service date in January.

Running at capacity, 22.5 megawatts is comparable to the combined monthly electricity consumption of roughly 19,000 average Douglas County households, based on Core Electric's own published rate data. The cooperative said it will supply the power from existing capacity rather than requiring a new substation or major infrastructure investment. Pam Feuerstein, CORE's interim CEO, framed the commercial addition as a rate benefit to all cooperative members. "CORE's strategic initiative of growth is focused on creating rate stability for all our members and this expansion creates that opportunity," Feuerstein said.

The logic is straightforward: a large commercial tenant absorbing fixed infrastructure costs lowers the per-kilowatt-hour burden on residential members. On the cooling side, the facility is listed as liquid cooled-ready, meaning it can accommodate the water-cooled AI server racks that pack far more heat into a single rack than conventional enterprise hardware. Flexential has not disclosed specific water consumption projections for the site.

The urgency behind the build-out is real, says Flexential CEO Ryan Mallory. "We have tremendous demand. We typically don't sign deals outside nine months, and so we're just coming inside that window. But with just the supply and demand imbalance that's out in the market, we could sell the whole site today," Mallory said. He did not disclose Flexential's total investment in the project beyond the construction cost PCL cited.

Flexential traces its Colorado roots to 2018, when it was formed through the acquisition of Denver-based ViaWest. The Parker facility, developed with Westside Partners on the Compark Business Campus, extends that network into Douglas County and positions the company to capture demand from enterprises and cloud providers accelerating AI infrastructure buildouts across the Front Range.

The project adds to Parker's tax base and creates ongoing operations and vendor jobs. Whether the grid capacity CORE committed to today proves sufficient as AI workloads intensify is a question the cooperative and its members will be revisiting long after the January opening.