Tech blockbuster: Switch making $2B expansion, partnering with eBay

By Kyle Roerink lasvegassun.com
Published Thursday, Jan. 15, 2015 | 6:40 p.m.

switchLas Vegas-based Switch unveiled plans to invest $2 billion in new infrastructure that will bridge Northern and Southern Nevada and bolster the state’s growing tech industry.

The company says it will create 5,000 new jobs, partner with eBay and build 4.5 million square feet of new facilities throughout the state to house servers that will store data for its clientele, a mix of Fortune 500 companies and government entities.

The news marks the state’s growing push to be a player in the tech market and a rare case in which Northern and Southern Nevada both benefit from a big-money, economic development deal.

Gov. Brian Sandoval delivered the news Thursday in front of elected officials, bureaucrats and media at his State of the State speech.

“This will make Nevada the most digitally connected state in the United States of America,” Sandoval said.

The announcement underlines the governor’s commitment to wooing high-profile companies with tax incentives as a way to grow Nevada’s economy. He’s used past State of the State speeches to tout the arrival of companies such as Apple and Urban Outfitters. But the Switch deal is the largest investment he’s publicized during a State of the State address.

For Switch, the expansion solidifies its role as the long-standing company willing to pin Las Vegas on the tech industry’s map. The company, led by CEO and founder Rob Roy, set roots in Las Vegas in 2000 and has invested hundreds of millions of dollars into the economy ever since. The company operates two data center facilities in Las Vegas, providing security, power and cooling for thousands of server-stuffed racks owned by clients such as eBay, Zappos, Amazon and the U.S. government.

Its new Las Vegas facility will give the company an additional 1.5 million square feet of space in the region. Switch has not announced the location of the facility.

Switch’s expansion to Northern Nevada means the company will be neighbors with Tesla Motors, the high-tech car company building a battery factory at the Tahoe-Reno Industrial Center, which is 17 miles east of Sparks in Storey County.

Switch will build a 3 million-square-foot campus at TRIC. Its first phase will be done by 2016 and its anchor tenant will be eBay, a company that’s worked with Switch for five years. Construction will begin immediately.

(Article continued…)

Read the rest of this article on LasVagasSun.com

Post to Twitter Post to Delicious Post to Digg Post to Facebook Post to MySpace Post to StumbleUpon