Blackstone portfolio company QTS Data Centers plans to establish operations in Cedar Rapids, Iowa. The $10 billion project is expected to create up to 200 jobs.
The investment will include the construction of a data center campus which will feature seven buildings located on 612 acres at the Big Cedar Industrial Center.
“From day one, we believe in being a good neighbor,” said Tag Greason and David Robey, Co-CEOs of QTS. “We chose Cedar Rapids for its strong infrastructure, skilled workforce, and forward-thinking community. As AI continues to transform industries, the need for secure and scalable infrastructure has never been more critical. This project reflects Iowa’s leadership in embracing the future of technology, and we’re proud to invest in a state that prioritizes innovation, sustainability, and community partnership.”…