The Governor’s Office of Economic Development approved $25.2 million in tax abatements Thursday for Design LLC, a wholly-owned subsidiary of Google. The company plans to build the data center on 64 acres of land on Warm Springs Road west of Boulder Highway. The subsidiary plans to build and own the facility, while Google would handle operations and hiring.
Mountain View, California-based Google has a market value of $743.7 billion, according to Yahoo Finance, and employed more than 89,000 full-time workers as of June.
Paul Anderson, executive director of the economic development office, said the $25 million tax abatement amount was standard for a project of this type. He pointed out that the total incentive package was less than 5 percent of the company’s total 10-year investment projections.
The data center would support Google services in North America such as YouTube, Google Calendar, Gmail and more, as well as cloud computing services. Anderson said the data center would not compete with other local data center companies like Switch.