Indy City-County Council committee to debate data center tax breaks
The Indianapolis City-County Council's Metropolitan Development Committee is set to debate $113 million in tax abatements over 10 years for DC BLOX's proposed data center development at the Thunderbird Commerce Center. DC BLOX says the incentives would support up to $2 billion in investment, while opponents have raised concerns about lost tax revenue and the scale of the abatements.
DC BLOX is seeking $113 million in property-tax abatements over 10 years for a planned data center and an additional building at the Thunderbird Commerce Center on Indianapolis' southeast side. The company says it could invest as much as $2 billion at the former industrial site, generate about $27 million in taxes during the abatement period, and provide roughly $30 million in community-impact payments, including $5 million for site preparation and demolition work.
The proposal has drawn opposition from some east-side residents and council members concerned about foregone tax revenue. Supporters argue the project would bring construction and permanent jobs, increase economic activity, and redevelop a vacant property. The Metropolitan Development Committee is expected to advance the abatement proposal to the full City-County Council, while DC BLOX's zoning request had previously been approved despite opposition.