Fort Worth Council Votes on $1.1B Data Center Tax Break

0:00Fort Worth City Council gears up for a big vote tomorrow, March 31st, on a tax break for edge data centers. The company wants to drop $1.1 billion into a new data center near Interstate 20 and Chapin School Road. In return for a 50% property tax cut on equipment over 10 years, they'll create 50 jobs paying an average of $73,000 a year each. The project sits on land owned by PMB Capital near Ville Ranch, an edge promises top-notch energy in water savings with their waterless cooling. Tech. They've already built similar spots in places like Irving, Atlanta, and Phoenix as part of Endeavor's Green Push. Locals in Fort Worth and Benbrook push back hard, saying they got short notice on the plans. They met with company reps, developers, and District 3 Council member Michael Crane on March 24th to air grievances. City staff reviewed it all during the March 3rd work session, and while the deal skips $18.2 million in taxes upfront, Fort Worth stands to gain $49.3 million net over the

1:03agreement. Crane backs is strong, calling it smart growth that boosts the tax base without extra housing strain. The Council meets at 10 a.m. tomorrow in Chambers at 104th Worth Trailize on whether this seals the deal for Fort Worth's booming future. That's your update from Dallas News Today, powered by AI. I'm Corey with the story.