Google received the green light to move forward with a data center project on the southeast side:
Dubbed "Project Flo," the campus is proposed for 468 acres of land along I-74 and Post Road. Site plans suggest that four buildings will be developed.
In addition to voting to approve the rezoning request, city staff also voted to approve property tax cuts for 10 years.
50 new jobs and economic impact incoming:
According to the proposal, the center will take a decade to develop, create 50 jobs and have tax abatement for 10 to 50 years. The abatement would reduce the building’s 10-year property tax bill by half, from $5.4 million to $2.7 million. However, Google has agreed to pay a minimum of $1 million annually in property taxes beginning when the first facility is occupied, covering the remainder of the amount that would have been abated.
The project joins a growing list of large-scale data centers proposed or under development in Indiana.