"Even as Microsoft pauses other investment plans across the country, the company is pushing ahead with a North San Jose data center that has been in planning since 2017."
"The data center is expected to generate approximately $8.4 million in development impact fees and more than $10 million in annual property tax revenue."
Microsoft is advancing its plans for a data center in North San Jose, despite halting other investments elsewhere. Spanning 397,200 square feet on a 64.5-acre site, the center could generate around $8.4 million in impact fees and more than $10 million in property tax annually. This project not only enhances infrastructure and public services but also positions North San Jose as a hub for innovation, attracting further business and talent. The city's proactive approach has created a favorable environment for such developments, promising future opportunities in the tech sector.
Read at Thesanjoseblog
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