Maryland data center developers offer residents biggest-ever US community benefits package as big tech seeks to quell fears — $110 million deal includes $30 mil

Maryland data center developers offer residents biggest-ever US community benefits package as big tech seeks to quell fears — $110 million deal includes $30 mil

bigdragon Anton_Godlike_Gaming said: Theme Parks solve everything…:sneaky: Everyone should support what would make their lives better. New data center tax revenues aren't going to make my taxes go down (Maryland doesn't cut taxes, lol), improve schools beyond where they're already at, or make me suddenly start to enjoy sports. So yes, give me a theme park! Otherwise, go put the data centers in Virginia where they belong and stop trying to put them in Maryland where it's cheaper. Reply

MobileJAD bigdragon said: "Oh wow, look at that big number! So much money for the communities! The schools will be fully decked out, roads paved smoother than a race track, Frederick Keys stadium expanded, and the tennis and basketball courts can be opened back up again with new nets. Thank you, ." And that's how they get you. I live in Maryland and can confirm that no amount of money is ever enough. The schools in particular will always try to guilt everyone into dumping endless piles of money into them. Gambling money, Kirwan Commission, and others — it's never enough. The sports teams and stadiums will go after whatever is left. I'd rather not have the noise of the data center, increased residential utility costs, and local panic in 10-15 years when the site gets completely abandoned because its hardware is obsolete. The only way I'm supporting data centers in my region is if a theme park gets built in Maryland. I don't care for sports or live music, and that's the only kind of entertainment around now that the Six Flags shut down. I don't care how "responsible" AWS and others are being with their new data center projects. "its hardware is obsolete" I keep finding myself wondering what would happen if suddenly quantum computers became better at running AI than regular old x86 hardware does… Reply

DS426 bigdragon said: "Oh wow, look at that big number! So much money for the communities! The schools will be fully decked out, roads paved smoother than a race track, Frederick Keys stadium expanded, and the tennis and basketball courts can be opened back up again with new nets. Thank you, ." And that's how they get you. I live in Maryland and can confirm that no amount of money is ever enough. The schools in particular will always try to guilt everyone into dumping endless piles of money into them. Gambling money, Kirwan Commission, and others — it's never enough. The sports teams and stadiums will go after whatever is left. I'd rather not have the noise of the data center, increased residential utility costs, and local panic in 10-15 years when the site gets completely abandoned because its hardware is obsolete. The only way I'm supporting data centers in my region is if a theme park gets built in Maryland. I don't care for sports or live music, and that's the only kind of entertainment around now that the Six Flags shut down. I don't care how "responsible" AWS and others are being with their new data center projects. Anton_Godlike_Gaming said: Theme Parks solve everything…:sneaky: How about low-cost gaming cafes now that the masses aren't going to be able to afford their own hardware anymore? BTW, I'm not at all against thrill parks and outdoor recreation. The more the merrier. 😉 Reply

jasjourno habermas said: The article states: Love a headline that states hard facts rather than something click-baity. But curious they went with the smaller, one-off amount rather than the bigger, annual payment. Also be interested to see if $215m annually is enough to off-set public utility costs of hosting a large data centre. Reply

alan.campbell99 Hmm. These AI datacentres are already ridiculously expensive to build and fit out , a few hundred million doesn't add much relative to these costs but it's still an additional cost I should think. Reply

Key considerations

  • Investor positioning can change fast
  • Volatility remains possible near catalysts
  • Macro rates and liquidity can dominate flows

Reference reading

More on this site

Informational only. No financial advice. Do your own research.

Leave a Comment