“Apple has pledged to buy supplies and materials locally and regionally whenever possible, Millar said. Site work on the 183-acre site should start once final details, such as the town of Maiden annexing the land and Apple buying the property, are complete,” Straley reports.
“The EDC has an option on the land, which is owned by Don Beaver, owner of the Hickory Crawdads and Charlotte Knights baseball teams. Millar said the EDC expects to exercise its option and then sell the land at the same price to Apple. The sale price has not been determined, but Millar said Tuesday it will be market value,” Straley reports. “Then EDC will start shopping for more land like the site that won over Apple. That parcel was a winner because it has access to large amounts of power and water and both primary and backup supplies of each, he said.”
Straley reports, “That redundancy will be key to keeping Apples’ many computer servers powered and cool, even if there is a storm or water-line break… The data center will use about 20 megawatts annually – enough to power 16,000 homes.”
“At $1 billion, it is the largest private investment in North Carolina, Secretary of Commerce Keith Crisco said,” Straley reports. “North Carolina provided incentives of $46 million. Apple will bring an estimated $10 million in extra tax revenue over the 10 years for Maiden and Catawba County. That does not include revenue on water sales to Hickory or about $200,000 a year to Maiden as a tax on power sales.”
Full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]
