Data center drives Lake Wylie property values up 123%
A QTS data center under construction in York County, South Carolina, has significantly increased nearby property values by 123%. The project, located in Lake Wylie, has also seen its investment grow from $1 billion to $8 billion. Neighbors have voiced opposition due to utility concerns.
A data center project by QTS in Lake Wylie, York County, South Carolina, is reportedly driving significant increases in property values for nearby parcels. According to The Rock Hill Herald, property values in the vicinity of the QTS facility have surged by 123%.
Initially a $1 billion investment, the project's scope has expanded, with the company's investment now reaching $8 billion. Despite the economic impact, the project has faced long-standing opposition from local residents, primarily citing concerns over utility strain and usage.