A new data centre, intended to serve businesses in Central London from early 2013, is preparing to undergo a £35m refurbishment project.

The data centre is being built by Volta, a new data centre provider formed by industry veterans Matthew Dent, Julian King and Ian Charles Wright, and will be housed in the old Reuters building in Great Sutton Street.

Once completed, said Volta, the new facility will be particularly attractive for users of latency-sensitive services in the nearby financial services industries.

The power will be supplied by two new 33kV diverse supplies, making the facility its own primary substation with two 33kV transformers to deliver resilience.

The basement and ground floor will house the electrical plant equipment, with the four floors above containing the servers in secure racks. In total the data centre will occupy 8,500 square metres of space.

The building is currently served by a number of telecoms providers, including Colt, Verizon, C&W, BT, AboveNet, EU networks and Geo Networks, allowing Volta customers immediate access to a wide range of services, said Volta.

“The project is progressing according to plan and after a long period of design we’re delighted to now be at the construction stage”, said Matthew Dent, chief executive of Volta.

StructureTone, a data centre specialist, has been brought in to build the facility.

“StructureTone is a very highly regarded name in the construction industry and the sheer wealth of experience the company has in the data centre space convinced us that they’re the best team to help us realise our great ambitions for this new data centre,” said Dent.