Minneapolis I
Stream Data Centers Minneapolis I, is just 25 miles from the Minneapolis−Saint Paul International Airport, in convenient proximity to nearby Fortune 500 companies and businesses in the commerce, finance, transportation and healthcare industry. To serve these mission critical industries, Stream focused on data center security and data center disaster recovery services in their data center facilities, retail colocation as well as private data center suites.
Stream built this large Minneapolis data center and colocation facility in Chaska, MN to help provide State of Minnesota tax benefits for businesses. The Minnesota sales tax exemption provides a substantial savings opportunity for Stream customers. Depending on the IT hardware used, the degree of sales tax savings can vary from $40 to $78/contracted kW per month. In addition, Stream Minneapolis I Data Center customers are exempt from personal property tax. So, depending on where you currently host your IT infrastructure, Stream estimates property tax savings worth an additional 2% to 6% of the value of IT asset base each year. Businesses looking for data center and retail colocation facility see substantial savings in network costs, property tax savings plus sales tax benefits with Stream Minneapolis I Data Center. Read more about Stream’s Minneapolis I tax savings.
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Improving Technology Decisions
In this Data Center Cost Modeling report, learn how Stream’s data center in Chaska, MN tax benefits provide improved financial outcomes for customers.
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Minneapolis I – Chaska Data Center
Stream’s MN1 is a certified data center for the State of Minnesota Tax Incentives. This benefits the customer in tax savings equal to a 30-40% reduction in total cost of occupancy.
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Product Bulletins
State of Minnesota – Data Center Tax Incentives
As of November 2014, the Stream Private Data Center in Chaska has been certified as a qualified data center by the State of Minnesota. Learn more about tenant eligibility for a 100% sales tax rebates.
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