Microsoft's $1 Billion Indiana Data Center Moves Forward
Microsoft's plan to build a $1 billion data center in La Porte, Indiana, is progressing after the city approved an updated tax deal. The agreement no longer includes tax abatements, and 15% of the tax revenue will benefit the La Porte Community School Corporation. This investment is expected to create up to 200 jobs, with groundbreaking anticipated in the spring.
Microsoft's ambitious plan to construct a $1 billion data center campus in La Porte, Indiana, is moving forward following a recent agreement with the city. The City of La Porte has approved an updated tax deal with the tech giant, enabling the project to proceed.
Under the new terms, Microsoft will no longer seek traditional tax abatements or breaks for the data center development. A notable aspect of the updated deal is a provision to allocate 15% of the resulting tax revenue to the La Porte Community School Corporation, a unique arrangement set to span 20 years.
This significant investment is projected to generate up to 200 new jobs within the community. Groundbreaking for the data center campus is slated to occur sometime this spring.