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Microsoft to Locate $500 Million Data Center in San Antonio, Texas

SAN ANTONIO, Texas (January 31, 2007) — The newly created Westover Hills Reinvestment Zone will consist of approximately 40 acres and exempt Microsoft from taxes on personal and real property improvements associated with the center for 10 years.

Microsoft Corp., pending all approvals, plans to invest $550 million to build a new data center in northwest San Antonio, Texas. The 400,000 square foot facility is expected to have a net fiscal benefit to the city of more than $20 million over the next 20 years and enhance San Antonio’s growing information technology industry sector.

An item designating the Westover Hills Reinvestment Zone to create the data center was approved by City Council. The zone will consist of approximately 40 acres and exempt Microsoft from taxes on personal and real property improvements associated with the center for 10 years. Bexar County is scheduled to consider a similar tax phase-in next week.

The “next generation” data center is expected to house large-scale, worldwide web services for Microsoft’s online services business. Once the center is completed, Microsoft plans to create 75 full-time jobs paying an average annual wage of up to $70,000. Microsoft’s use of electricity from CPS Energy also is expected to generate more than $1.4 million annually in revenue to the City. An exception was granted in the City’s tax phase-in guidelines because of Microsoft’s exceptionally large investment and the projected substantial fiscal benefit to the City from utility revenue.

The Microsoft project further establishes San Antonio as a location for major data centers, which tend to cluster within a particular region. A Lowe’s data center also is currently under construction in northwest San Antonio.

The information technology industry employs more than 12,000 people in San Antonio with annual wages of more than $43,000. The annual economic impact of the IT industry is more than $3.4 billion or seven percent of the local economy.
 

Other  Articles About Microsoft: Microsoft (1) Microsoft To Build New Data Center in San Antonio Microsoft (2) Microsoft data center expected to lure others to San Antonio Microsoft (3) Microsoft to Locate $500 Million Data Center in San Antonio, Texas Microsoft (4) S.A. in the running for Microsoft facility
01/19/2007 01/19/2007 01/31/2007 06/04/2006
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