A direct connection between buildings

According to Savvis Wednesday announcement, Savvis has completed a transaction to lease space adjacent to its Weehawken, New Jersey data center, Savvis NJ2, for building its new NJ2X facility. Directly connected to NJ2 via fiber, NJ2X could add as much as 105,000 square feet of raised floor for high performance hosting and low latency financial exchange connectivity for the financial services industry.Savvis plans to roll out approximately 35,000 square feet of raised floor by the second quarter of 2010, with the potential for an additional 70,000 square feet of raised floor expansion. A direct connection between buildings, which will allow customers to host trading applications to several liquidity centers via Savvis Proximity Hosting solutions.For the four story building, an expected limited capital investment of $10 million will pay for the second floor build out in 2009, with $12 million expected to be spent in 2010 for further expansion.Savvis expects the expansion will attract new customers and let existing customers expand their current offerings.

The appraised value of H E B’s property at 3590 College St. Rose from $1.6 million in 2015 to $5.8 million for the 2016 tax year after the grocer built its new store on the former Baptist Hospital property. That means the company owes $137,000 in taxes, compared to $44,305 last year..

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