As reported by Rod Boshart of Iowa's Quad-City Times, Microsoft has unveiled plans to phase in a $1.13 billion regional data center in central Iowa over the next four to five years. The data center will reportedly house servers and computer equipment to operate large-scale web portal services as part of Microsoft’s online services businesses.
"Microsoft will receive local and state incentives totaling $87 million to locate its 'Project Alluvion' in West Des Moines," states the report. "Plans call for the company to create up to 84 jobs, many averaging $24.32 per hour, on a 154-acre site at a projected cost of $1.126 billion."
See also: Microsoft joins Open Data Center Alliance
The report adds, "State officials are putting up $20.3 million in investment, research and sales tax credits and refunds for the project. That would accompany local grants, road and infrastructure improvements, along with water, power and sanitary sewer provisions as part of $60.1 million in indirect project contributions that would be offset by property tax and other benefits, according to state Economic Development Authority documents."
The new data center project brings Microsoft’s investment in Iowa to close to $2 billion, "surpassing Mid-American’s $1.9 billion wind farm investment as the state’s single-largest outlay by one company," according to the report.
Full story:Microsoft brings $1.13 billion data center to Iowa (qctimes.com)