AMPD Ventures Inc. formally announced that, due to better-than-expected demand for its first sustainable data centre, AMPD DC1, plans for AMPD's second data centre (DC2) have been accelerated. As with DC1, DC2 is being developed through a strategic partnership between AMPD and Hynes Developments Inc. (Hynes). DC2 continues AMPD's and Hynes' commitment to developing a more sustainable approach to urban data. Systems within the data centres will capture the heat generated by the servers and re-purpose it for use in the surrounding residential buildings, as well as producing clean drinking water. Hynes purchased 1508 W 2nd Avenue, adjacent to the current DC1 location at 1540 W 2nd Avenue in August 2019. It is expected that plans will be submitted to the city for approval by the end of this month, and that DC2 will be operational during the second half of 2020. DC2 is expected to offer up to six times the capacity of DC1, with 1.2 megawatts of available power. At full utilization, it is expected that DC2 could generate up to CAD 1.4 million per month of top line revenue for AMPD, taking the total monthly revenue target, assuming full utilization, across DC1 and DC2 up to CAD 1.6 million. The proximity of the two data centres creates significant operational economies of scale. AMPD's urban data centre approach represents other benefits when it comes to providing infrastructure for the latest low-latency applications. Previously announced plans for building a data centre on the North Shore Campus of Capilano University are also progressing.