Vineyard Data Center Park Receives Urban Renewal Status, New Tax Incentives

The 108-acre tract in south Colorado Springs will be developed under urban renewal rules, which could translate to using tax money. City Council voted 5-3 to approve the Vineyard Data Center Park, southeast of Janitell Road and Executive Circle, as urban renewal property, paving the way for tax money for infrastructure, allowed in urban renewal zones. The former property is envisioned as a sustainable data center/industrial campus, according to the proposal. Half the land is to be used as open space or for recreation.

The 108-acre Vineyard Data Center Park in Colorado Springs will be developed under urban renewal rules, which translates to using tax money. The Springs City Council voted 5-3 to approve the Vineyard Data Center Park, southeast of Janitell Road and Executive Circle, as urban renewal property, paving the way for tax money for infrastructure, allowed in urban renewal zones. The property is a sustainable data center/industrial campus, according to the proposal. Half the land will ultimately be used as open space or for recreation as well as a renewable energy plant.

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