AAPL Stock: 118.03 ( -0.85 )

Printed from

Apple's $2b datacenter holding on land acquisition

updated 02:15 pm EDT, Tue July 14, 2009

iDataCenter not confirmed

Apple is still refusing to confirm that Maiden, NC, will be the site for the companies new 5000,000-square foot iDataCenter, says Data Center Knowledge . The report notes that the land in Maiden is still being acquired, as The Catawba County Economic Development Corp. is purchasing the land that will be resold to Apple for the same price. The land is being purchased from Don Beaver, the owner of two baseball teams, for market value and will be flipped to Apple once the land is officially annexed into Maiden.

Apple plans to invest about $1 billion in the state over the course of nine years and could generate 3,000 jobs in Catawba. The iDataCenter is an economic bombshell that North Carolina officials are eager to facilitate, approving legislation that favors Apple with $46 million in tax breaks.

The iDataCenter would become Apple's east-coast operations hub, utilizing the three-hour time difference with the Cupertino headquarters. According to the report, Apple was attracted to the land because of the location's access to large amounts of primary and backup supplies of power and water.

by MacNN Staff




Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented