Hyper Data Center
HYPER DATA CENTER:
GENERAL OVERVIEW
PROJECT : HYPERSCALE DATA CENTER PROJECT
DEVELOPMENT COMPANY: ILGEUN CO. LTD.
DEVELOPMENT OBJECTIVE: Construct Hyperscale Data Center (HDC)
NUMBER OF BUIDING FOR IDC: 3 HDC buildings and 1 office building
DEVELOPMENT SITE CITY: Dongducheon, Gyeongi Province, north of Seoul. South Korea.
OWNER OF DEVELOPMENT LAND: ILGEUN CO. LTD.(Justin HB Kim)
DEVELOPMENT LOT SIZE: Approximately 132,231 m2 (32.7 acres)
KEY FEATURES
Stable Electricity Capacity : 300MW (in discussion with KEPCO- Korea Eclectic Power Corp) : additional backup power source such as diesel generator is allowed on the site
Broadband Convergence Network (BCN) available
Collaboration and support of the City Government of Dongducheon
Excellent infrastructure, ideally located
Able to reduce cooling costs by utilizing mountain slopes
Large project site provides flexibility for construction planning
Project capital and finances secured
PROJECT OVERVIEW
LOCATION ANALYSIS
A train station located a short distance from our development site, by 2026, GTX-C (high speed train) station will be opened. A commute to the heart of Gangnam financial district in Seoul will only take around 18 minutes.
Less than 10 minutes from our site, once the 2nd Seoul Outskirts Ring Expressway is completed, it will take less than 1 hour to travel to Incheon International Airport (ICN).
Around 3 minutes from the site, by 2023, Daejin University Medical school will be opening one of the largest general hospitals in the Seoul metropolitan area. The new hospital is anticipating to have around 3,000 employees including 300-400 medical doctors.
Major destinations within 1 hour distance from Project Site
Seoul City Hall: 34km
Gangnam(COEX): 44km
Gimpo Int’l Airport: 43km
Incheon Int’t Airport: 70km
Gaesung(N. Korea): 40km
Dongducheon, the city, to the north of Seoul, Korean Capital, has been known as a home to a number of US military bases, including: Camp Casey, Castle, Nimble and Hovey, occupying 40% of the city. The city is strategically important for the defense of the Korean capital. For this reason, any real estate development in the surrounding areas were denied. After the US Government recently announced to withdraw military bases from the Dongducheon area, the City of Dongducheon has been aggressively promoting to develop and convert Dongducheon city into a international city. A development plan includes bringing in IT, business, real-estate, and tourism industries.
LOCATION ANALYSIS:
TRAFFIC FLOW NEARBY AREA
DEVELOPMENT OVERVIEW:
LAYOUT
DEVELOPMENT OVERVIEW:
SURROUNDINGS
DATA CENTER :
Market Trend in Korea
Data center (total)
increase and decrease trend (2000-2021)
The number of data centers in Korea has increased by 5.9% annually since 2000, from 53 to 177 sites in 2021.
During this period, non-commercial data centers* increased by 5.4% per year, and 115 sites are currently in operation.
During this period, commercial data centers* increased by 7.4% per year, and 62 sites are in operation.
* These data centers are government, public, financial, and private enterprises
Commercial data center - A rental center that attracts and sells to customers with goods of the space of the computer room where IT equipment can reside in the data center (for example, KT Internet Data Center (IDC))
Self-use data center - A data center constructed and operated for the purpose of providing IT services inside and outside of the company (e.g., Naver Data Center/Financial Center)
* Source: “KOREA DATA CENTER MARKET 2020-2023 “ report
DATA CENTER :
Market Trend in Korea
Data center market size in Korea
Private data center distribution in Korea
DATA CENTER :
Market Trend in Korea & Global Trend
Private Data Center Installation Space Trend
As of the second quarter of 2021, a total of 659 hyperscale data centers worldwide are in operation. More than half of them are concentrated in the US and China, with the remaining 25% in Japan, Germany, the UK, Australia, Canada, Ireland and India. (Source: Synergy Research Group)
Hyperscale data center growth trends are accessed based on the analysis of the 19 major cloud and Internet service companies in the world such as operators in software as a service (SaaS), infrastructure-as-a-service (IaaS), platform as a service (PaaS), search engines, social networking companies, e-commerce and gaming.
As of the end of 2018, the number of hyperscale data centers, which was about 430, increased by 167 to 597 at the end of 2020. The number has more than doubled compared to the fourth quarter of 2015, with an increase of 167 data centers between 2018 and 2020. According to survey results, there was an increase of 62 data centers from the fourth quarter of 2020 to the second quarter of 2021.
DATA CENTER :
Market Trend - Increasing Hyperscale Data Center
Increased demand for new hyperscale data centers to realize economies of scale
The data center industry is actively pursuing establishing hyperscale data centers to reduce costs and preempt competitive advantages due to intensifying competition in the industry and increasing bargaining power of buyers.
High value-added services (DC as a Service) emerge as the core competitiveness
AI, big data analysis services, etc. are growing, and commercial centers that have built construction/power/cooling facilities to operate high-performance computing (HPC) equipment increasing in demand.
High value-added services provided by data centers such as interconnection, automation, and virtualization emerge as core competitive advantages.
Data center REITs companies with professional services and technological competitiveness* began to enter Korea (2019), and competition within the industry has been active.
*Global leaders provide MMR services such as interconnection between data centers, virtual network services, business between users, and demand matching.
Beyond the installation space and line connection, services such as automatic center operation and interconnection between centers is expected to emerge as a core competitive advantage.