Skip to main content.
Minnesota Technology Corridor Logo
  • Let's Have a Conversation
    • Collaboration
      • Why the Minnesota Technology Corridor?
      • Alliances
      • Partnerships
      • Where is the Minnesota Technology Corridor?
    • Site Selection
      • Premier Sites
      • Target Industries
      • Area Profile
      • Tax Structure
      • Location Advantages
      • Infrastructure Utilities
    • Incentives
    • Workforce
      • Regional Tech Talent
      • Relocate
    • News
      • Get to Know Us
      • Sign Up for Our Newsletter
    • Current Studies
    • Contact
    1. Home
    2. News
    3. Google Joins Other Tech Firms Expanding In Minnesota
    • Facebook
    • Twitter
    • LinkedIn
    • Email
    • Print
    Translate
    Google Joins Other Tech Firms Expanding in Minnesota main photo

    Google Joins Other Tech Firms Expanding in Minnesota

    October 15, 2020

    Billions are being spent on data centers to support the massive increase in internet usage and data storage. Minnesota and the Minnesota Tech Corridor are poised to receive some of these investment dollars as companies like Google choose to make the area home. 

    Google is building a $600 million data center on 300 acres. This data center will benefit from the low cost energy rates and sustainable energy options available through Xcel Energy Inc. - a deciding factor in the company opening a data center in the region. They are joining companies like Prudential, Wells Fargo, Toro Company, Land O’Lakes, and Medtronic who have data centers in the state. Simultaneously, the real estate cost in Minnesota is significantly lower than it is in coastal states, creating another reason to move further away from the company headquarters and into the heart of America. 

    In specific, the Twin Cities and Minnesota Tech Corridor are prime to be a top Tier 2 data center marketplace due to available tax incentives, affordable utility rates and access to the tech talent graduating from the large regional university system. 

    There are tax advantages for locating in the Minnesota Tech Corridor

    Companies locating in the region will pay no personal property tax, no inventory tax, no utility tax, no internet tax, no information services tax and no tax on custom-created software. For data centers and tech companies this can create significant savings. 

    Incentives are available for data centers

    The state of Minnesota is incentivizing data centers to come here. Companies who build a 25,000 square foot plus data center or network operations centers and invest $30 million or more within 48 months would qualify for the data center. Companies who meet this threshold may receive sales tax exemptions for up to 20 years on computers and servers, energy use, software, cooling and energy equipment. 

    Why your company should locate in the Minnesota Tech Corridor

    Site selectors and executives should consider some of the clear advantages of locating in the Minnesota Tech Corridor, including:

    • Real estate is more affordable in the Minnesota Tech Corridor than in coastal states or in neighboring Minneapolis/St. Paul
    • 90% of households in the region have broadband access
    • Reliable green power
    • Minnesota is a Top 5 State for business
    •  Minnesota is incentivizing data centers with tax breaks
    • There is no property tax for companies locating here
    • We have top tech talent graduating from local universities

    Make the call. Discover the benefits of Minnesota Tech Corridor for your company. Contact us here.

    View Custom Report
    MNTC Region

    Minnesota: A Strong Technology Ecosystem

    The tech sector has an estimated direct economic impact of $31.1 billion, or about 9.3 percent of Minnesota’s total economy.

    Learn More

    1
    Medical Device Patents Per Capita
    1
    Health Technology Cluster in the World
    2
    Food Products Patents Per Capita
    2
    Patents Per Capita

    Contact Us Today!

    Carrie Mikkonen

    Community & Economic Development Representative | Connexus® Energy
    763-323-2650
    Email Carrie

    Minnesota Technology Corridor Icon
    Minnesota Technology Corridor Connexus Energy • 14601 Ramsey Boulevard Ramsey, MN 55303 763-323-2650 Email
    Follow Us!
  • Linkedin
  • Twitter
  • Home
  • Contact
  • Site Map
  • © 2025 Minnesota Technology Corridor, All rights reserved. Economic Development Websites by Golden Shovel Agency.