“We need money right now. I say that because we want to maintain a good fire department, a good police department and we’re having hard time just like everybody else. And I know (Data Centers) are willing, more than willing, to help us out anyway they possibly can. And I think that’s a good thing.”
– Kevin Cox, Perry Township Trustee
Data centers are typically valued 4x greater than other industrial/manufacturing facilities because of the specialized networking equipment and systems inside these buildings. This can provide new-found financial windfalls for municipalities. And communities are able to negotiate deals in the best interest of their municipalities and their constituents. In addition, PILOT payment agreements can be arranged which provide consistent revenue to municipalities and schools, often greater than traditional property tax payments.
Data centers in Ohio contributed more than $1 billion in state and local tax revenue in 2024.
In Van Wert, QTS just announced a $10 billion investment for a new data center campus. The project is expected to generate $200 million in tax revenue for the community over the next 20 years. In Wood County, Meta’s $800 million data center is estimated to bring $1.2 million annually for each phase of the project through a PILOT payment. And in Allen County, Google announced a $500 million data center project and will contribute $3.75 million over 15 years in a tax abatement offset.
Contact the Regional Growth Partnership today:
Key Contact
Gary Thompson
Executive V.P.
Business Development
(419) 304-9585