KDSN RADIO News
Data center with 500 jobs coming to Cedar Rapids
The Cedar Rapids City Council voted to approve an agreement Tuesday for the Quality Technology Services company to build a data center there.
Cedar Rapids City Manager Jeff Pomeranz talked about the agreement. “I found in my relationship with QTS over the last year, them to be a very open and forthright company that truly wants to develop a data center in Cedar Rapids, correct, but also do the right things for the community,” Pomeranz says.
The company promises a $750 million investment and will be eligible for a 70% rebate supported by increased taxes once the center is completed. Cedar Rapids Mayor Tiffanny O’Donnell says she sees the tax incentive as an investment rather than a cost. ““It’s more than a tax deal. It’s about positioning our city as a leader in technology, innovation opportunity,” O’Donnell says. “It’s about creating a city that businesses want to call home, families are going to want to build their futures in and, oh, by the way, investors are going to want to see a sure bet.”
The city’s director of economic and development services says the project will bring a minimum of 500 jobs in six years.
