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Google reportedly investing additional $1B in giant Iowa data center

Google reportedly investing additional $1B in giant Iowa data center

A Google data center.

A Google data center.

Above: A Google data center.

Image Credit: Google

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Google is said to be investing an additional billion dollars in a $1.5 billion data center that could be Iowa’s biggest economic development project.

According to the Des Moines Register, Google is expected to ask Iowa state officials on Friday for more money for the so-called Council Bluffs project. The Register cited a report from the Iowa Economic Development Authority:

Google first came to Iowa in 2007 with plans to build the multimillion-dollar data center in Council Bluffs. The company had plans to invest about $1.5 billion at the 1,000-acre site, according to past Register reports.

With the additional $1 billion, Google’s total for the Council Bluffs data center would rise to about $2.5 billion, making it the largest economic development project in the state.

The Register also said that Iowa has already given Google $16.8 million in tax incentives for the data center project, and that the search giant is expected to ask for $19.8 million more in sales and use tax refunds. In return, the company would have to create as many as 70 new jobs in the area if the new funding is approved.

Google did not immediately respond to a VentureBeat request for comment.

However, Google’s “Council Bluffs” project is on the agenda for Friday’s meeting of the Iowa Economic Development Authority.

For Google to invest ten-figure amounts in data centers isn’t surprising, of course. In 2014, according to GigaOm, the company spent as much as $11 billion on “real estate purchases, production equipment, and data center construction.”

And the Register wrote that data center construction in Iowa is on the rise. Microsoft is currently building two billion-dollar data centers in the area, the newspaper reported, and Facebook also has a center under construction there.

Google’s innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major glob… read more »

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