QTS has been revealed as the company behind a planned data center development in Cedar Rapids, Iowa.
First reported by the Gazette, the Cedar Rapids City Council last week approved a development agreement with QTS Cedar Rapids I LLC related to a $750 million data center campus being developed along 76th Avenue SW, west of Edgewood Road SW.
This would be QTS’ first development in Iowa. The company is yet to make an announcement on the project or list it on the company’s website.
Under the terms of the agreement with the city, QTS, will invest at least $750 million in the project in at least two phases – with construction work starting in the next three years. In return, the company gets a 20-year property tax rebate and other benefits. City staff had recommended approval.
News of a 560-acre data center campus in Cedar Rapids surfaced in September 2024. Each development phase to include one or more data center building, each approximately 300,000-1.4 million square feet (27,870-130,065 sqm) in size.
The development will be located within the Big Cedar Industrial Center.
QTS was previously operating behind the SNA LLC affiliate. Though QTS had been linked to SNA, it had never officially confirmed it was behind the project.
Cedar Rapids, in Linn County, is located around 120 miles east of Des Moines. It is not traditionally a large data center market. Google is also developing a campus in the area.
Blackstone-owned QTS has dozens of data centers in operation and development across the US, UK, Netherlands, and Spain