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    New $1.5 billion data center in Altoona gaining speed



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    Re: New $1.5 billion data center in Altoona gaining speed

    Data centers are one of the worst economic development vehicles around. It will basically be a giant air conditioned warehouse that employs next to no one and have an assessed value of jack squat.



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    Re: New $1.5 billion data center in Altoona gaining speed

    Quote Originally Posted by Freebird View Post
    Data centers are one of the worst economic development vehicles around. It will basically be a giant air conditioned warehouse that employs next to no one and have an assessed value of jack squat.
    A big benefit will be the construction jobs that it will generate for the next year or so. Also the ancillary businesses that will locate in that area will be a benefit. The full economic impact won't be realized until quite a few years down the road. I agree though, the immediate impact of new tech jobs in the data center isn't a factor at all.

    Another new tech company locating at the existing Altoona data center:
    http://businessrecord.com/main.asp?S...SectionID=&S=1


    Last edited by aauummm; 11-15-2012 at 12:03 PM.


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    Re: New $1.5 billion data center in Altoona gaining speed

    Yeah. If businesses start to cluster around it that would be good. Hopefully the construction jobs will be good too.



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    Re: New $1.5 billion data center in Altoona gaining speed

    While I was standing in line to vote last week a woman said she heard either Altoona or Ankeny was going to get a Costco - anyone heard about this?



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    Re: New $1.5 billion data center in Altoona gaining speed

    Quote Originally Posted by cygrads View Post
    While I was standing in line to vote last week a woman said she heard either Altoona or Ankeny was going to get a Costco - anyone heard about this?
    There was some discussion in this thread...

    http://www.cyclonefanatic.com/forum/...ds-costco.html

    As far as a data center there was a story about a North Carolina Google data center on NPR this week. They employee about 100-150 people and they generally hold out for deals that essentially take away any benefit to the local tax base for decades. It is not an economic asset in any real way.


    Last edited by VeloClone; 11-15-2012 at 01:41 PM.
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    Re: New $1.5 billion data center in Altoona gaining speed

    Quote Originally Posted by VeloClone View Post
    There was some discussion in this thread...

    http://www.cyclonefanatic.com/forum/...ds-costco.html

    As far as a data center there was a story about a North Carolina Google data center on NPR this week. They employee about 100-150 people and they generally hold out for deals that essentially take away any benefit to the local tax base for decades. It is not an economic asset in any real way.
    I'm not in favor of all these credits and breaks at the expense of existing businesses but the data center itself is an economic asset.


    Last edited by canker2323; 11-15-2012 at 01:56 PM.

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