The project includes a 97,000+/- expansion for a data center located on the southwest corner of New Albany Road East and New Albany-Condit Road. The estimated private investment is approximately $72 million. The project also includes the retention of 1,581 employees ($65 million annual payroll) and the creation of 162 new jobs ($7.2 million payroll). The Job Retention and Creation Tax Credits described below will not begin until the tax abatement on the existing property expires (2015).
Incentive Proposal & Value (Over the term of the incentive):
Estimated Community Value (Over 15 years):