Dive Brief:
- Amazon will invest $10 billion to build a data center campus in Montgomery County, Missouri, Gov. Mike Kehoe announced Monday.
- In addition to facility construction, the development includes roads and water infrastructure improvements, such as a new bridge over the Norfolk Southern Railway and a water system Amazon plans to transfer to the local utility after construction, according to the tech giant.
- The announcement adds yet another multibillion-dollar data center project to the construction pipeline, a sign the data center construction boom has room to run.
Dive Insight:
The $10 billion Amazon investment highlights the growing role of hyperscale developers in overall U.S. construction activity.
Once complete, the campus will support cloud computing infrastructure and generate hundreds of millions in property tax revenue for Montgomery County over the next 25 years, according to the release. Amazon also worked with Ameren Missouri, the local utility company, to ensure the project bears the full cost of connecting to the electric grid, the tech giant said.
The commitment also emphasizes how these builds often carry supplementary community projects. For example, Amazon plans over $7 million in community contributions as part of its investment, according to the company. That includes $3 million toward public safety infrastructure, as well as several roadway improvements and a new bridge.
“Projects like this create lasting benefits for local communities by supporting critical infrastructure improvements, generating tax revenue for schools and public services, and strengthening the foundation for future economic growth,” said Kehoe in the release.
In addition to the infrastructure upgrades in the area, Amazon will sponsor the community’s Montgomery County Fair. The company will commit over $1 million to build a new large-scale community gathering space at the fairgrounds, according to the governor’s release.
Amazon will also invest more than $3 million in community programs focused on STEM education, skills development, sustainability and support for local nonprofit organizations, the announcement said.
“Amazon’s announcement in Montgomery County is a testament to what can be accomplished through strong collaboration and a shared commitment to growth,” said Michelle Hataway, director of the Missouri Department of Economic Development, in the release. “This project will help strengthen the region’s capacity for future development while reinforcing Missouri’s position as a destination for innovation and investment.”
