Ingrams August 2023

DATA CENTRAL

The Land Factor State

Per Acre Price

Wyoming

$5,804 $5,817 $7,538 $8,055 $8,104 $8,668 $9,178 $9,794 $9,800 $10,065 $10,135 $10,899 $11,150 $11,262 $11,294 $12,176 $12,723 $12,861 $13,490 $13,966 $14,349 $15,019 $15,251 $15,271 $15,405 $15,891 $16,730 $18,203 $18,684 $19,530 $19,593 $20,151 $21,978 $23,345 $23,358 $24,928 $26,812 $26,981 $27,005 $27,900 $34,011 $35,641 $36,306 $39,390 $64,861 $66,454 $72,078 $73,422 $85,589 $88,712 $17,382

New Mexico

Kansas

Oklahoma

North Dakota

Montana Colorado

Mississippi

West Virginia

Vermont

Maine

Kentucky Nebraska

Oregon Alaska

SPACE TO GROW | The availability of land at strongly competitive prices was one factor in the National Geospatial-Intelligence Agency’s decision to relocate its operations to St. Louis, a project that carried a price tag of roughly $2 billion.

Tennessee Missouri Michigan Arkansas Louisiana

Energy, the regional utility Evergy, and locally based design/construction giant Burns & McDonnell. When that one goes online in 2024, it will deliver one of the highest megawatt capacities of a facility in the region. Across the state, the Contegix data center in St. Louis offers 200,000 square feet of operating space, with built-in power and cooling redundancy and a 100 percent uptime guarantee for clients. St. Louis also offers a colocation facility called 365 Data Centers, with year-round connectivity, power, cooling, and secu rity services. A strong selling point: after a decade in operation, the company had a 100 percent uptime record. Assets like those have drawn ma jor corporations like Walmart, Bank of America, and IBM, which have placed mission-critical servers here. State of ficials say that has has produced a mul tiplier effect with other companies add ing operations here. Those attributes were key factors in the federal government’s decision to site the Geospatial project in St. Louis, which is also home to the Ascent STL1 Data Center, with 88,000 square feet of server space on a sprawling 15 acres. More recently, TierPoint rolled out a $20 million data center in Maryland Heights, landing as a tenant one of the region’s biggest IT players, World Wide Technology.

workforce, and prime business climate. This unprecedented investment signals Missouri is open for business and that our state is a prime destination for high-tech leaders and innovators alike.” Other factors at work? Connectivity. Tim Cowden, CEO of Kansas City Area Development Council, says this market is “the most connected region in the U.S. with more than 5.5 million miles of fiber deployed. Even physical security comes into play, as there’s less risk of natural disasters in the state. With those factors in mind, major players in the tech field are making big moves in Missouri. Google is one of them. It has already acquired nearly 350 acres in and around the Kansas City Northland’s Hunt Mid west Business Center. As that process un folded, Port KC authorized up to $25 bil lion—yes, with a “b”—in privately backed Chapter 68 bonds to cover property tax exemptions with a 35-year life span. Hunt Midwest has been a leading driver of growth in this space. Its SubTropolis Technology Center offers the infrastructure needed to operate large scale data-center operations, with ample power supply and redundant systems, diesel generators, and a pair of electrical substations. The site has millions of square feet available for expanded data centers. Construction has also started in the Northland on a project involving Edged

South Dakota Washington

Alabama Wisconsin

Nevada Arizona Virginia

Minnesota

Texas

New York

New Hampshire

Idaho

Pennsylvania

Georgia

Iowa

California

South Carolina

Ohio

North Carolina

Indiana

Utah

Illinois

Connecticut

Maryland

Hawaii

Massachusetts

Florida

New Jersey

Delaware

Rhode Island United States

Source: Landsearch.com, August 2023

9

DestinationMissouri.com

Missouri’s Business Media

2023