San Antonio-based Rackspace plans a $422 million data center in the Reno Technology Park, according to an application with the Nevada Governor’s Office of Economic Development.
The company has pledged to create at least 50 jobs with an average annual wage of $29.75 per hour in exchange for 20 year tax abatements, according to the application.
Its plans call for the construction of a 150,000 square foot building with estimated construction costs of $100 million. It plans to invest another $211 million in personal property and it expects to invest a total of $422 million into the Reno data project during the next 20 years.
Rackspace, with more than 300,000 customers, has data centers in Texas, Virginia, Illinois, the United Kingdom, Hong Kong and Australia.
Rackspace chose Reno because of its low power costs, great connectivity to the Bay Area, skilled workforce and economic incentives, according to a letter to the Nevada Governor’s Office of Economic Development written by Mark Roenigk, chief operating officer of Rackspace.
The data center will begin operations in June of 2017, according to Roenigk’s letter. Rackspace also plans to have it fully powered by renewable energy by 2026.