Microsoft Resumes Iowa Data Center Project
Microsoft is resuming its Iowa data center project with a reduced budget and improved design.
Microsoft's original plan to construct a $600 million data center on 40 acres has been scaled back to a more lightweight approach that the company hopes will reduce the facility's costs by 50 percent. The budget for the project has also been slashed to $100 million.
Iowa has already approved Microsoft's revised plans, but the company's tax credits will be reduced from $2.1 million to $590,000, according to The Des Moines Register.