Microsoft has proposed the construction of a $700 million data center in Des Moines, Iowa. Dubbed “Project Mountain,” the building will expand Microsoft’s existing Iowa presence from 50 jobs to roughly 74.The Iowa Development Authority board also approved a $20 million tax credit for for the tech corporation, which will now have invested more than $1 billion in the region.
Des Moines is quickly becoming a hot spot for tech companies, offering cheap real estate and low energy costs. Facebook and Google currently have their own data centers in the area.
