Apple To Spend Over $1 Billion On Data Centers in Iowa
Apple is making an enormous investment in Iowa. The company will be building a pair of data centers, near Waukee, in Dallas County.
The company will build just to the west of Waukee, on 2,000 acres. The total cost of the project is expected to be $1.375 billion, according to WHO. Apple will receive $207 million in economic incentives, including a more than $188 million tax abatement from the city of Waukee.
During an afternoon news conference at the State Capitol in Des Moines, Apple CEO Tim Cook announced he would donate up to $100 million to a public improvement fund, with the first benefactor being the Waukee Youth Sports Campus.
The new Apple data centers are expected to create 50 new jobs. An agreement with the Iowa Economic Development Authority requires that each pay a minimum of $29.12 per hour.