Fidelity chooses Omaha for new data center

OMAHA — Fidelity Investments has selected the Omaha suburb of Papillion for its new, $200 million data center, the company said Friday.

Boston-based Fidelity, one of the world’s largest providers of financial services, expects to begin construction immediately and have the center running in 2014.

‘‘We believe the site we’ve chosen will provide us with the flexibility to build to our specifications in a location that will accommodate our needs now and in the future,’’ said Steve Scullen, president of corporate operations.


Fidelity has applied for Nebraska Advantage tax incentives and must meet requirements of at least 30 employees and a $200 million investment to receive them, according to Nebraska Economic Development Department spokeswoman Patty Wood.

Get Talking Points in your inbox:
An afternoon recap of the day’s most important business news, delivered weekdays.
Thank you for signing up! Sign up for more newsletters here

If those requirements are met within seven years, Wood said, Fidelity will be eligible for a 10-year personal property tax exemption for the project.

Fidelity spokeswoman Jenny Engle said the company will receive sales, property, and real estate tax rebates and reductions if it meets the Nebraska requirements.

Associated Press