Wal-Mart buys 24 acres of land for Data Center in Colorado Springs

Colorado Springs reports on Wal-Mart's decision to build a data center.

Wal-Mart spends $5.3 million to buy data center site

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Wal-Mart, which announced in July that it would build a 210,000-square-foot corporate data center in northern Colorado Springs, has finalized its purchase of the site — paying about $5.3 million for the land.

The world’s largest retailer completed its purchase Friday, buying four parcels totaling 24 acres along Federal Drive, southeast of InterQuest and Voyager parkways, according to documents recorded with the El Paso County Clerk and Recorder’s Office.

Wal-Mart joins the following companies in building a data center in Colorado Springs.

Colorado Springs is home to data centers for Progressive Insurance, FedEx and Hewlett-Packard, and business leaders hope to attract more such facilities. A Springs general contractor has proposed creation of a business park on the city’s south side that would be home to several data centers.

Why the Springs? City and economic development officials have touted its low-cost and reliable electricity, highly educated workforce and its location largely free from natural disasters as major pluses.