I think this deal blowing up is bad news for the city. The lost tax revenue will be paid for in property tax increases and budget cuts, and the city budget is nearing crisis levels.
I wrote about why we need to rethink our approach a few days ago here: tcbmag.com/some-data-ce...
tcbmag.com
Some Data Centers Are Good
People really hate data centers. There’s no sugarcoating it – they’ve become one of the most politically toxic issues in the midterm elections, with the governors of previously data center-friendly st...
A data center developer is backing out of plans to buy the Minnesota Star Tribune’s shuttered printing plant in Minneapolis weeks after the proposal drew fierce backlash from neighbors.
startribune.com
Data center developer backs out of plans to buy Minnesota Star Tribune’s shuttered printing plant
Legacy Investing terminated its purchase agreement weeks after North Loop neighbors blasted its data center proposal.