Columbus City Council considers incentives for $300M data center on south side

A speculative build $300 million data center “on the scale of those that Google, Facebook and Amazon are building around Central Ohio” could begin construction on the Hartman Farms site on the Far South Side of Columbus this summer, Columbus Business First reports. Columbus City Council is considering “a 15-year 100% abatement of property taxes,” saving the operator $54.3 million over the life of the agreement “while netting $750,000 in new income taxes for the city,” according to the article. The operator negotiated an annual payment of at least $600,000 to Hamilton Local School District in lieu of its share of property tax. For more, read the full article.

Economic Development, Financial Incentives, State Updates