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QTS to Invest $10B in New Cedar Rapids Data Center Campus - HostingJournalist.com

QTS Data Centers, a portfolio company of Blackstone, has unveiled plans for a massive new data center campus in Cedar Rapids, Iowa, in what local officials describe as the largest economic development initiative in the city’s history. With an estimated $10 billion investment, the project signals a long-term commitment to expanding high-performance digital infrastructure in the U.S. Midwest and is expected to reshape the regional technology and e…
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Hosting Journalist.com broke the news in on Monday, August 11, 2025.
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