LightEdge Solutions, a colocation and information technology company owned by Anschutz Investment Company, will open a regional office at the SubTropolis Technology Center in Kansas City, Missouri.The company plans to make a $58.4 Million capital investment and create 21 jobs.
“Kansas City is a strategic market for our local cloud and data center infrastructure, and Missouri has an extremely attractive business climate that is well catered towards our growing company,” said Jim Masterson, Chairman and CEO of LightEdge Solutions. “I’d like to thank the State of Missouri and Kansas City for supporting our expansion and providing a competitive environment that fosters advancement and growth.”
“Hunt Midwest is excited to have LightEdge Solutions, the premier colocation and IT cloud service provider, as our anchor tenant in the SubTropolis Technology Center,” said Ora Reynolds, President of Hunt Midwest Real Estate Development.
“The unique attributes of the Hunt Midwest partnership and underground facility provide a superior environment for our business strategy and mission critical operations,” said Masterson.
“LightEdge Solutions is a valuable addition to the state’s thriving tech industry and we’re proud to announce our partnership with them,” said Mike Downing, Acting Director of Missouri Department of Economic Development. “Investing in high tech companies, like LightEdge Solutions, creates jobs, stimulates Missouri’s economy and keeps our state on the cutting-edge of the information technology industry.”
The state Department of Economic Development said some of Missouri’s resources and initiatives that have aided business expansions include; the Certified Work Ready Community Program, export assistance, customized job recruitment and screening, Certified Site designation and building database.
As an incentive to assist LightEdge Solutions with its expansion, the Department of Economic Development, Clay County, and the City of Kansas City authorized a strategic economic incentive package that the company can receive if it meets strict job creation and investment criteria.