There’s been quite a bit of ‘rumble’ about Wal-Mart’s Colorado Spring Data Center. According to the Colorado Springs Gazette, the world’s No. 1 retailer has a 210,000 square foot data center under construction. As previous photo blogs have shown, it is well on its way to be completed by the end of 2012. So if … Read more
What has lured Wal-Mart, the largest retailer in the world to build its new Data Center in Colorado Springs? Land is one thing but incentives sealed the deal. The local government in Colorado Springs offered Wal-Mart $4.5 million in sales and business personal property tax rebates as incentives to close the deal. And Wal-Mart isn’t … Read more
On Sept. 28 the Vineyard Data Center Park, Colorado Springs, Colorado, received unanimous approval from the Colorado Springs City Council for $55 million in public funds. The funds will be used for land development for the Vineyards project, including telecommunications infrastructure, utility improvements, and open space to be used for recreation. The complete improvements will … Read more
Colorado continues to see tremendous data center activity. HP recently announced the opening of new 50,000 sq ft facility that will serve as a working data center, in addition to a research facility to test the most efficient and sustainable approaches to data center operations. Colorado was chosen by HP for its climate which enables … Read more
The 108-acre tract in south Colorado Springs will be developed under urban renewal rules, which could translate to using tax money. City Council voted 5-3 to approve the Vineyard Data Center Park, southeast of Janitell Road and Executive Circle, as urban renewal property, paving the way for tax money for infrastructure, allowed in urban renewal … Read more
According to Vince Colarelli, Principal, Vineyard Data Park has been officially designated an enterprise zone. With this designation, Vineyard has become one of the most tax friendly locations nationally. Incentives available at the site include the following: – > 10 Year, 90 Percent Property Tax Rebate – > Investment, Job Creation, and Corporate Income Tax … Read more
Vineyard Data Center Park is a 108 acre development immediately south of downtown Colorado Springs. The site has been approved for over $60 million in incentives from both the federal and local municipal governments. Vineyard ownership estimates the benefit of these incentives at between 40 and 50 percent of the total up-front capital cost of … Read more
The Vineyards LLC is bringing to market a 100+ MW master-planned and sustainable data center development, Vineyards Data Center Park, in Colorado Springs, for lease and occupancy in 2011. The Vineyard Data Center Park is complimenting an already established data center market in Colorado Springs, with current occupants including Hewlett Packard, Verizon Wireless, FedEx and … Read more
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