Microsoft Planning To Build Its Billion Dollar Data Center In Iowa
It was today reported that Microsoft will build_its next_billion_dollar_data center in southeast West Des Moines in Iowa. This_upcoming data center_will be one of the Microsoft’s largest centers in the U.S., according to plans unveiled today. This “Project Alluvion” is valued at $1.1 billion and will take 154 acres in West Des Moines’ southeast corner. Microsoft already has a data center in the region and the_total investment in West Des Moines to just under $2 billion. Microsoft will get incentives from the state government by few millions, but Microsoft has promised to offer 84 jobs in this area. During its meeting Friday, the Iowa Economic Development Authority Board approved granting Microsoft a $20.3 million sales tax rebate for the project. That tax rebate would be available until 2021. Those state incentives come on top of the $18 million in incentives already promised by West Des Moines. To receive those incentives, Microsoft has promised to add at least $255 million at minimum in taxable value to the city of West Des Moines....http://feeds.feedburner.com/~r/msftnws/~4/iQXwQDo6mE8
