$10B data center headed to Lauderdale

$10B data center headed to Lauderdale

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Dallas-based Compass Datacenters, a multinational data center developer, broke ground on Monday in Meridian on its next hyperscale data center campus. 

The campus will consist of eight data centers that will be constructed over an eight-year period.

Upon occupancy, Compass Datacenters’ campus will represent an investment of $10 billion, including future tenants’ information technology equipment. The campus also will create thousands of direct and indirect jobs.   

Mississippi Development Authority is providing assistance for site preparation. MDA also will certify Compass Datacenters as a data center operator, which will provide the company with 10-year state income and franchise tax exemptions, as well as a sales and use tax exemption on construction materials, equipment and software and hardware replacements. The city of Meridian, Lauderdale County and electrical utility provider Mississippi Power Company also are assisting with the project. Mississippi Power will supply approximately 500 megawatts of power to the facility. 

Data centers are large-scale buildings that house and power numerous computer servers, which run the applications and services made possible online. 

“This $10 billion megadeal is huge for Lauderdale County and the entire state as we continue an impressive economic development streak that is unprecedented in Mississippi,” said Gov. Tate Reeves.

“Through our pro-business policies and favorable business environment, we continue to establish our state as an ideal location for high-tech developments by providing the resources needed for innovation and growth. I thank the Compass Datacenters team for its well-placed confidence in our people and in our business climate, which will provide ample opportunities for the company and the residents of Meridian and Lauderdale County now and for generations to come.”

To learn more, go to compassdatacenters.com.  






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