Gov. Dave Heineman announced that Fidelity Investments, one of the world’s largest providers of financial services, has selected the City of Papillion in Sarpy County as the site of its new data center location.

Upon completion, the state-of-the-art data center will employ approximately 30 to 35 associates.  Fidelity has committed to and expects to invest a minimum of $200 million to construct and outfit the data center. Fidelity will start construction immediately and expects the new facility to be operational in 2014. The design and construction of the facility will be in accordance with Leadership in Energy and Environmental Design (LEED) standards and will be designed to attain LEED certification.

The company cited the state’s low power rates and central U.S. location as key factors in its decision to locate in Nebraska, as well as the array of available incentives.

Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of $3.7 trillion, including managed assets of $1.6 trillion, as of August 31, 2012.

For more information about Fidelity Investments, please call (617) 563-5800 or visit