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Dive brief:
- Amazon will invest $10 billion to build a data center campus in Montgomery County, Missouri, Gov. Mike Kehoe announced Monday.
- In addition to the construction of the facilities, the development includes road and water infrastructure improvementssuch as a new bridge over the Norfolk Southern Railway and a water system that Amazon plans to transfer to the local company after construction, according to the tech giant.
- The ad is still being added another multi-billion dollar data center project in the construction pipeline, a sign that data center construction is booming room to run.
Diving knowledge:
Amazon’s $10 billion investment stands out growing role of hyperscale developers in global US construction activity.
Once completed, the campus will support cloud computing infrastructure and generate hundreds of millions in property tax revenue for Montgomery County over the next 25 years, according to the release. Amazon also worked with Ameren Missouri, the local utility company, to ensure the project would bear the full cost of connecting to the power grid, the tech giant said.
The engagement also emphasizes how these constructions often carry complements community projects. For example, Amazon plans more than $7 million in community contributions as part of its investment, according to the company. That includes $3 million for public safety infrastructure, as well as several road improvements and a new bridge.
“Projects like this create lasting benefits for local communities by supporting critical infrastructure improvements, generating tax revenue for schools and public services, and strengthening the foundation for future economic growth,” Kehoe said in the statement.
In addition to infrastructure improvements in the area, Amazon will sponsor the community’s Montgomery County Fair. The company will commit more than $1 million to build a new large-scale community gathering space at the fairgrounds, according to the governor’s statement.
Amazon will also invest more than $3 million in community programs focused on STEM education, skills development, sustainability and support for local nonprofits, according to the announcement.
“Amazon’s announcement in Montgomery County is a testament to what can be accomplished through strong collaboration and a shared commitment to growth,” Michelle Hataway, director of the Missouri Department of Economic Development, said in the statement. “This project will help strengthen the region’s capacity for future development while strengthening Missouri’s position as a destination for innovation and investment.”
