T5 has announced that it has acquired an enterprise data center in Newark, CA. The description matches an Apple data center near Fremont. It's a legacy site and Apple is continuing to build monster data center campuses, so it makes sense that the iPhone make would divest the property. The nea...
Metro: Des Moines
Country: United States
Region: North America
|Current||Under Construction||Potential Expansion||Total at Full Buildout|
The 400,000sqft data center will not be complete until 2020.
Apple plans to build two "state-of-the-art" data centers on a 2,000-acre portion of a 3,500-acre site Waukee annexed in June. Owned by 28 property owners, the annexed land spans about one mile north and one mile south of Hickman Road. The annexation was part of the city's plan to expand west, but was accelerated with Apple's project. Des Moines Register
Data Center Cost
Apple Plans to spend up to $1.375 billion
State and Local Incentives
State and local officials awarded Apple more than $213 million in incentives, including:
- $19.65 million in state investment tax credits awarded by the Iowa Economic Development Authority;
- A 71 percent property tax abatement over 20 years approved by the Waukee City Council ― an incentive worth $188,239,943, according to state records; including tax abatement and water and sewer infrastructure improvements, this will total $194,234,943.
In exchange, Apple will provide $500,000 per data center building per year to a public improvement fund for use by Waukee "until certain maximum contributions are made." That total has been announced at $100 million.