bigdragon Article said: Meanwhile, the council has also painted its situation as one where it is powerless to resist the data center development. This was made clear in a council website FAQ. 404 Media investigations revealed that this lack of power to change the course of the development is likely because of the property’s existing Employment Center zoning. The City can only regulate form, not function, it seems. However, the dev hasn’t yet secured the City’s approval for planning and building permits. Powerless? THIS IS YOUR JOB! This council is so preoccupied with increasing their annual budget that they're willing to degrade the quality of life for their neighbors, residents, and constituents. These representatives know they got caught and are trying to make it seem like they bear no responsibility. However, zoning and land use decisions are literally their primary purpose for existing. Everyone on this council needs to be voted out, and the data center project needs to be interrupted before someone breaks ground. If the locals don't stand up for themselves then they'll enjoy the daily drone of cooling systems, decreased air quality from onsite generators, and start having issues with the cost and quality of both their electricity and water. Oh, and councils elsewhere with big budgets have been caught indulging in unnecessary purchases and trips for their members. TL;DR Residents need to aggressively fight back or brown water and local police driving BMWs are in your future. Reply
robertja1969 Here's your solution. Build the data center underground and once completed build an amazing above ground park for the community. Everyone wins! Reply
thrus hotaru251 said: up to courts to decide it. (as is their role) my personal view is if a deed of land was perpetually solid forever that could cause issues (imagine if people owning a ton of land said it couldnt be used for or ). There should be limits on the time it lasts but that should be 100 yrs or so. This is part of the reason behind that short term owner and the transfers, they move enough to break the condition or move between types of ownership that it is considered void. And since most of it happened 10+ years before the data center they are not likely to be part of the argument other then possibly funding the people defending the process. Reply
ezst036 Reminds me of the Kelo v. New London scandal. Reply
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/farmer-donates-land-for-a-park-city-sells-it-for-data-center-development-usd10-gift-became-usd10m-for-city-government-with-usd30m-tax-expected-over-next-decade#main
- https://www.tomshardware.com/subscription
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- HVAC tech finds former AMD CEO Rory Read's PC in a customer's basement, signed by Lisa Su — unused 2014 desktop had Bulldozer-era hardware inside and a wrapped
- Elon Musk's first-gen orbital data center craft spans wider than a Boeing 747 and runs an interchangeable chip payload — AI1 satellite compute payload is 120 kW
- Grab an $800 saving on this RTX 5070 Ti gaming laptop from HP with customizable specs and a 20-core CPU — base model costs just $1,999 for 16-inch rig with 16GB
- NVIDIA Research Unlocks Advanced Grasping, Smarter Autonomous Driving and Agent Training at Scale
Informational only. No financial advice. Do your own research.