data center
Apple announces $1 billion data center expansion east of Reno
Submitted by paula on Wed, 05/10/2017 - 8:54pm
Apple easily won approval from the Reno City Council on Wednesday for a new agreement allowing it to take advantage of millions of dollars in sales tax abatements as it works to double the size of its massive data center east of Reno.
Only Councilwoman Jenny Brekhus voted against the agreement that will allow Apple to buy land in downtown Reno instead of lease it to be eligible for a tax break that will bring its sales tax rate down to 0.5 percent.
Largest and most advanced data center in the world opens near Reno
Submitted by paula on Wed, 02/15/2017 - 8:32pm
Rebirth and rebranding of Reno/Sparks will affect Lake Tahoe
Submitted by paula on Sat, 08/08/2015 - 12:22pm
Once considered rundown and dirty, Reno, as well as neighboring Sparks, is experiencing a staggering rebirth. Only eight percent of their economy now comes from the gaming and tourism industry, with the remainder coming from a boom of the relocation of manufacturing and distribution companies.
What is evident is that the Reno of today is not the Reno of 25 years ago. It isn't even the same Reno of four years ago.
Tesla effect: 10 notable newcomers to Nevada commerce
Submitted by paula on Sat, 04/11/2015 - 11:30pmNorthern Nevada is on the radar of businesses seeking to relocate to the state, due in part to the much-publicized Tesla Motors' mammoth battery gigafactory under construction east of Sparks.
Over the past year and into 2015, the Economic Development Authority of Western Nevada has assisted in bringing nearly three dozen businesses to the region and helped in at least seven expansions of existing businesses.
Nevada Economic Board Signs Off On Apple Tax Breaks But Finds Oversight Authority Limited Under New Law
Submitted by Editor on Wed, 08/01/2012 - 5:56pm
CARSON CITY – The state Board of Economic Development Wednesday unanimously signed off on a package of tax breaks to bring Apple to Reno, but the panel found it had little authority over the deal reached after several months of closed-door negotiations.
Report Evaluates Success Of Incentives In Western States, Finds Fewer In Nevada Due To Tax Structure
Submitted by Editor on Wed, 08/01/2012 - 2:52pmCARSON CITY — A new report from The Council of State Governments exploring the successes that 13 Western states have had with tax incentives to encourage economic growth found that Nevada has fewer such programs in large part because of its tax structure.
Governor Sandoval defends secrecy, tax breaks needed to lure Apple to Northern Nevada
Submitted by Editor on Thu, 06/28/2012 - 3:55pm
CARSON CITY – Gov. Brian Sandoval on Thursday defended the secretive process that led to a decision by Apple to build a data center and related facilities in the Reno area that will bring $1 billion in investment to the area over the next decade.
RGJ: Apple looks at Northern Nevada to invest $1 billion in facilities
Submitted by Editor on Tue, 06/26/2012 - 11:00amThe Reno Gazette-Journal is reporting that Apple is planning on opening a data center east of Sparks and a business and purchasing center in downtown Reno, part of a $1 billion investment the company plans to spend in Northern Nevada over the next 10 years.
The deal includes tax abatements from the city and state, including sales and property tax. The Reno City Council will consider the deal on Wednesday.
