Tuesday, September 9, 2014

QTS receives US$11.4m tax break on Chicago data center


Well-known Web Design in Cambodia, Digital Marketing Agency, The Chicago Sun-Times says Data center operator Quality Technology Services (QTS) will receive a US$11.4m property tax break on a data center in Chicago. Thanks to the data center construction, 300 construction jobs will be available.

According to QTS’s chief investment officer Jeff Berson, without the tax break – worth $11.4m over twelve years in today’s dollars and $7.4m after inflation – QTS would not have been able to bring the business to Chicago.

Berson said: “Before major banks and Internet companies will trust us to house their servers and all of their data, we have to provide significant infrastructure, capacity, availability, redundancy and reliability. There are a lot of technical aspects that go into putting this building together.”


QTS receives US$11.4m tax break on Chicago data center

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