One of the world's largest providers of financial services has announced plans to build its new data center in Papillion.
Upon completion, the state-of-the-art data center, located at 114th and Cornhusker, will employ approximately 30 to 35 associates. Fidelity said it expects to invest a minimum of $200 million to construct and outfit the data center.
Fidelity plans to start construction immediately and expects the new facility to be operational in 2014. The design and construction of the facility will be in accordance with Leadership in Energy and Environmental Design (LEED) standards and will be designed to attain LEED certification.
“This project and the associated infrastructure are significant to Papillion's growth,” said Mayor David Black, Mayor of Papillion. “Not only are we adding a good business and industry, but the water and sewer extensions can help accelerate the natural growth in the western part of our jurisdiction.”
Fidelity Investments joins several other data centers recently attracted to Sarpy County including Yahoo!, Cabela’s and the two CoSentry locations at the Southroads Technology Center and Midlands Data Center.
The company cited the state’s low power rates and central U.S. location as key factors in its decision to locate in Nebraska, as well as the array of available incentives.
Fidelity becomes the first firm to use the “Tier 2 Plus-Large Data Center” provision contained in the recently-amended Nebraska Advantage Act. During the 2012 Legislative session LB 1118 was passed creating an additional Tier 2 to the Nebraska Advantage incentives, providing benefits for large data center projects.