Friday, February 23, 2024 |
FOLLOW US:

Study says planned Rowan data center would generate $7M in county taxes annually

January 10, 2024

Rowan Digital Infrastructure’s proposed data center for Quantum Loophole’s campus in Frederick County is estimated to generate about $7 million in annual county tax revenue and employ 100 people, according to a new economic impact study commissioned by the Maryland Tech Council. About $6.7 million of the data center’s generated tax revenue will come from real property tax, and another $200,000 will come from income taxes.

Article Source: Frederick News-Post

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.