St. Louis could get $8.3 million from Armory data center by spring
St. Louis is expected to receive $8.3 million as early as next spring from a data center project proposed for the Armory site. A city development board is anticipated to approve a benefits deal with TerraWatt, pending the submission and approval of the first building permit. An Ameren Missouri electric substation is already located adjacent to the site.
St. Louis could see an influx of approximately $8.3 million as early as next spring, coinciding with the submission and approval of the initial building permit for a new data center project. The proposed data center is planned for a warehouse located behind the historic Armory on Prospect Avenue in Midtown St. Louis.
The city's development board is scheduled to consider and is expected to approve a benefits agreement with TerraWatt, the company behind the data center development. The project also notes the presence of an Ameren Missouri electric substation adjacent to the Armory site, indicating existing power infrastructure for the proposed facility.