(The Hosting News) –Iowa has been a hot place when it concerns the data center market. Just last month, social network provider Facebook confirmed it would construct a facility in Altoona. Now someone else has their sights set on the state.
According to a Tuesday report from The Des Moines Register, an unnamed company intends to build a new data center in West Des Moines with a $140 million dollar investment.
The project, loosely known as “Project Mountain” is set four two phases and could deliver an economic boost with 36 jobs.
The info was revealed by Clyde Evans, West Des Moines director of economic development.
Another data center provider in the area is Wells Fargo. “It’s actually bigger than the Wells Fargo project in terms of valuation,” Evans told The Des Moines Register.
Other top companies who have data center locations in Iowa include the likes of Microsoft and Google (located in Council Bluffs).
So what makes Iowa such an idea place to build? It all has to do with tax refunds. When Microsoft initially entered the Des Moines market, the state offered $586 thousand in refunds – a big incentive for the tech provider who committed an overall investment of $100 million dollars of construction in the state.