Gov. Heineman Announces New Data Center for Nebraska

Gov. Dave Heineman

Gov.Dave Heineman announced Friday that Fidelity Investments, one of the world'slargest providers of financial services, will be moving to the city of Papillion with its new data center.

Once the data center is completed, 30-35 new jobs will be created in the area. Construction is planned to start immediately and is expected to be open by 2014. Fidelity has committed to spending a minimum of $200 million to build and outfit the center.

"Fidelity ispleased to be in Nebraska," said Steve Scullen, president of CorporateOperations for Fidelity Investments. "The state is an extremely attractivemarket for data center expansion and we'd like to thank Governor Heineman andother state, regional and local officials for being so cooperative and suchgreat partners throughout this process. We believe the site we've chosen willprovide us with the flexibility to build to our specifications in a locationthat will accommodate our needs now and in the future."

The company said the state's low power rates and central U.S. location were key factors inits decision to locate in Nebraska, as well as the array of availableincentives.

"This projectand the associated infrastructure are significant to Papillion's growth," said Mayor David Black. "Not only are we adding a good businessand industry, but the water and sewer extensions can help accelerate thenatural growth in the western part of our jurisdiction."

Fidelity becomes the first firm to use the "Tier 2 Plus-Large DataCenter" provision contained in the recently-amended Nebraska Advantage Act.During the 2012 Legislative session LB 1118 was passed creating an additionalTier 2 to the Nebraska Advantage incentives, providing benefits for large datacenter projects.

"To have Fidelity Investments, an outstanding company, utilize theNebraska Advantage incentive helps us set the bar for other quality companiesweighing location considerations for future data center projects," said Gov.Heineman. "I am especially pleased that the Nebraska Department of EconomicDevelopment, in partnership with Sarpy County, the City of Papillion, GreaterOmaha Economic Development Partnership and Omaha Public Power District, wasable to meet Fidelity's needs."