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States may dangle the tax carrots, but localities could be the ones paying for road and utility improvements. The costs for that could be much less than project
by vharuck 2mo ago
States may dangle the tax carrots, but localities could be the ones paying for road and utility improvements. The costs for that could be much less than projected gains in tax revenue, but that's a gamble. Not to mention being left with abandoned buildings. We didn't even need to have a bubble pop to see abandoned facilities. If one company goes out of business (normal in a healthy economy), there's little we can (and politicians are willing to) do to make sure defunct companies clean up any messes.
- WarmWash 2mo agoFrom the few cases I have looked at, tax revenues for the towns is in the $30-40M/yr range. I cannot fathom what kind of road improvements a datacenter would need that wouldn't be easily offset. Or what demolition costs for a square box would be that would eclipse that, nevermind the value of the underlying land.