Business

Google just purchased 1,200 acres of land for a new data center

Published

8 years ago

April 19, 2017

As it was announced by official sources on Monday, 17 April, Google Inc.. has finished the purchase of a land in the east part of Reno. More precisely, the land acquisition is located at the Tahoe Reno Industrial Center just several miles south of Tesla’s Gigafactory.

As it was stated by Patrick Lenihan, a Google spokesperson, the plan is to use the 1,200 acres to build a data center but there are no immediate plans or a timetable for the current construction and development.It is also unknown how many new jobs this venture will produce or the total cost of it.

The Google data center in Council Bluffs, Iowa. (Source)

The land was purchased for approximately $29 million and there are already speculations that it might be used as a potential testing truck for the Google’s autonomous driving subsidiary called ‘Waymo’ (Google and Alphabet’s autonomous project). Some of the reasons why Google would choose Nevada as a perfect place for this secretive project it’s because there are a lot fewer restrictions and regulations than in California, and soon there will be passing a new legislation which will make this place ideal for testing out self-driving vehicles.

The Tahoe Reno Industrial Center (TRIC) is an enormous 107,000-acre park that encircles a developable 30,000-acre industrial complex and it is strategically positioned to fit the needs of the Data Center industry that has been developing at high speed recently.

The Tahoe Reno Industrial Center in Nevada. (Source)

A proof that this place is the optimal ground for technology businesses is the fact that TRIC is already a home to a very important data centers. The principal one is the world’s largest data center building from ‘Switch’ which had the aspiration to construct the biggest data center campus in the world. Few miles apart at the competitor Reno Technology Park, it’s located the famous Apple data center campus. The cloud computing company Rackspace US have also applied for incentives from the state of Nevada for building a technology facility in this industrial park.

Magdalena Gjoshevska

With an international experience in research and analysis, Magdalena joins the team of Born2Invest as the new in-house head of product research and financial analysis as well as a contributor to the website. She obtained her bachelor degree in Business and Economics in her hometown Skopje-Macedonia, and a master degree in Electronic Business Management. As a talented and dedicated student, Magdalena had the opportunity to work abroad in the USA and Mexico complementing her curriculum with valuable skills and know-how, while being part of some prestigious companies in her professional career. With her love for reading and writing, she is one creative individual with a strong opinion on current developments and trending topics from business and financial point of view.