Microsoft to build four data centers in Irving, Texas
Niva Yadav | Source: Data Center Dynamics | Posted 12/20/2024
Microsoft is expected to build four of the seven data centers, with the city providing the tech giant with a 50 percent property tax abatement on the condition it meets specific criteria.
AI generated summary
Microsoft and QTS Realty Trust LLC have secured approval to construct seven large data centers in Irving, Dallas, Texas, with each company receiving separate incentive packages from the city. Microsoft is set to build four data centers, subject to meeting specific criteria such as entering long-term leases and increasing taxable property value. Specific project details from Microsoft have not yet been disclosed, while QTS is also eligible for a tax reduction for its plan to build three data centers in the area.
QTS will need to occupy a significant amount of space and make substantial investments in the property by specified dates to receive the tax abatement. The projects are part of a larger trend in the region, with companies like Lumen and Cogen already having a presence in the Irving area. Microsoft already has data centers in Texas, primarily in San Antonio, with a recent development filed earlier this year, while QTS operates campuses in Fort Worth and San Antonio in addition to its upcoming project in Irving.
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Source Link: https://www.datacenterdynamics.com/en/news/microsoft-to-build-four-data-centers-in-irving-texas/
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