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QTS Reaches Construction Milestone for $10 Billion Iowa Data Center Campus

Blackstone-owned QTS has topped out three buildings at its new Cedar Rapids data center campus. The $10 billion project marks a significant expansion into Iowa’s emerging data center market and features innovative waterless cooling systems.

Major Construction Milestone Reached

QTS Realty Trust and its development partners have completed structural work on three buildings at their new data center campus in Cedar Rapids, Iowa, according to recent reports. The topping-out ceremony marks significant progress on the $10 billion development that could eventually comprise seven data center buildings across the 612-acre site.