Google to expand $1.2 bn Nevada data centers
By MYBRANDBOOK
According to sources, Google plans to expand its recently opened Las Vegas cloud region with another $600 mn data center on its Southern Nevada campus, and a new $600mn site in Tahoe Reno.
The local government signed off on more than $25 mn in tax incentives for the Tahoe Reno Industrial Center in Northern Nevada.
The incentives include a sales tax abatement of two percent worth $16.8 mn and a personal property tax abatement of 75 percent for 20 years, worth $8.25 mn. Google also received a similar $25.2 mn tax break for its first Henderson project.
Michael Brown, Governor’s Office of Economic Development executive director, says, “This is a very good deal for Nevada. In return for the $25 million abatement that Google will receive, the company will make a $427 million impact on the economy over 20 years and generate $94 million in tax revenue over 20 years.”
The data centers are each expected to employ some 2,500 temporary construction jobs, and 50 full time roles.
In December, the board will meet to discuss making abatement criteria a little more ambitious, such as increasing the wage promised to workers and the upping the percentage of employees that must be state residents.
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