Digital Realty plans multi-billion dollar data center campus in Kokomo
What happened
Digital Realty is planning a 3-million-square-foot data center campus on a 476-acre property in Kokomo, Indiana. The project is expected to generate tens of millions of dollars in annual property tax revenue and create thousands of construction jobs and hundreds of permanent jobs. This proposal follows the Kokomo Common Council's approval of new zoning regulations that permit data centers on all industrial sites on September 14.
From wishtv.com
Why it matters
The proposed project represents a multi-billion dollar investment in Kokomo. The approval of the new zoning rules sets the regulatory tone for future data center construction in the city, while the project itself is expected to significantly boost local tax revenue and job creation.
From wishtv.com
Who's involved
- KokomoCity where the potential multi-billion dollar data center project is planned
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IndianaSpeculative
Regional economic growth for Indiana might increase due to the influx of tax revenue and job creation in Kokomo.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Data center project may boost local jobs and workforce needs in KokomoThe data center project may increase demand for local labor and workforce training at IU Kokomo.Possible
- Kokomo's data center may boost Indiana's tax revenueKokomo's data center project could boost Indiana's tax base and jobs.Possible
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The entities involved
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Kokomo
city in Indiana, United States
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