Showing posts with label tax incentive. Show all posts
Showing posts with label tax incentive. Show all posts

Tuesday, June 09, 2009

New Cisco Data Center For Allen, Texas

Cisco announced today that they will build a 140,000 - 160,000 square foot data center in Allen, Texas. The facility is reported to cost $500 Million, employ 100 people and (wait for it....) Cisco will receive tax incentives. Cisco stock closed up 1.06% today at $20.08

The Allen Economic Development Corporation has a nice report on the the Data Center proposal for the Stacy Road location that Cisco is most likely building on. Good power, fiber connectivity and financial incentives = data center site selection. The local utility for this area, Oncor announced last week that the "World's largest concentration of smart grid voltage compensation equipment placed in service by Oncor".

Allen Texas is about 25 miles north of downtown Dallas. There is also a sizable Cingular data center just a little bit south of the Cisco site in Allen.

Check out the press release here

Here is a map of the Allen, Texas data center site





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Wednesday, June 03, 2009

Northern Indiana - Latest High-Tech Hub

Like I was saying in my last post -- the data center news is getting predictable:

____insert city name here____ is poised to become a high-tech hub, thanks to a change in state law that allows __________.

This time around: Northern Inidana, where they have passed a law that allows for personal property tax exemptions on data center equipment. The announcement is complete with benefits for Metronet, a quote from EYP Critical Facilities Servcies, and a the Senator who authored the bill.

Colocation and managed service provider Gramtel is located in South Bend, Indiana. Gramtel was acquired by Cincinnati Bell in January 2008.

It just shows how the data center industry continues to be a hot business and states are foaming at the mouth to get that business to locate in their state.

Check out the press release here.


I meant to mention this a few weeks back, but if you haven't checked out datacentermap.com lately ......CHECK it out! Sune has been busy on this site and the additions (since the last time I had seen it) are really cool. There are data center profiles, maps, tenants, connectivity and more!