Mellon Plans $70M Expansion of Data Center

PITTSBURGH-Mellon Financial Corp. will invest $70 million to expand its data center at Northpointe Industrial Park. The news comes just days before the financial firm’s proposed merger with Bank of New York is expected to close, creating the Bank of New York Mellon Corp. The merger will shift the locally based company’s headquarters to Manhattan.

The data center expansion is expected to add up to 200 jobs in the Pittsburgh area. A Mellon spokesman tells GlobeSt.com, “the new operations center will add at least 85,000 sf to the existing center.” Completion is expected to take approximately 36 months, beginning with a planning phase already under way. Construction is scheduled to begin in 2008, with the opening a year later.

Mellon completed a 44,000-sf office and a 73,000-sf operations center at Northpointe in spring 2006. Northpointe is a master-planned industrial complex, located of the Route 28 Allegheny Expressway in Armstrong County. The spokesman says the expansion will connect with the existing data center. This will be one of two data centers supporting global operations of the merged companies.

“Our decision to expand this new facility makes great business sense, given its excellent performance since start-up, the expandability of its design, and the high level of technology skills and experience supporting global operations available here in the Pittsburgh area,” says Robert Kelly, Mellon’s chairman, president and CEO, in a statement.