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Transactions - MAY 30, 2018

Alabama city approves $750m data center

by Andrea Zander

The city of Huntsville, Ala., has approved a $750 million data campus development.

The approved project was agreed between the city and Starbelt, a limited liability company formed last year. Starbelt was formed by the company bringing the data center to Huntsville.

The name of company that plans to build the data center hasn’t yet been released. An announcement is expected in June.

The city of Huntsville will provide about $6.6 million in non-direct incentives.

Toyota and Mazda announced in January that they would be building a $1.6 billion auto manufacturing plant just outside of the city, part of a $10 billion investment program.

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