A Blog About Tax Savings for Building Owners
Data Centers are the hottest play in big time commercial real estate. Billions are at stake. South Carolina looks to be a player in the data center business and will do whatever it can to make sure we have enough electricity to power these centers.
Here’s a map of data centers in South Carolina.
There has been some news that Spartanburg County is about to get a $2.8 Billion investment from an unnamed company at this point. Fox Carolina has a news story about what the Spartanburg County Council is considering with this investment. I’m assuming there will be massive tax breaks provided to this company to have them invest in South Carolina.
“Councilman David Britt said the county is still in negotiations with the company, which he described as a high-performance computing center that supports engineering, technology and aerospace sectors.” Furthermore, “Britt specified the project is not a data center and would also be an energy-self-sufficient facility.”
There’s lots of information coming out of Columbia, SC lately that South Carolina wants to get in front of the data center boom and be sure that SC gets more than its fair share of data center investments. Here’s the South Carolina Data Center Map.
Google’s Data Center Dorchester County, SC.
META’s Data Center Aiken Couty, SC.
Data Journey purchases Spartanburg Data Center for $12MM.
Data Center Dynamics – South Carolina Data Center News
EATON Expands in South Carolina to support growing data center demand.
GE Vernova just announced a $600 million commitment to expand and improve it’s business in several locations across the U.S. Greenville will see $160 million investment that will lead to 550 new jobs.
The Greenville facility is massive spanning 413 acres with plenty of manufacturing space. They are not planning to expand the footprint of the facilities. According to the Upstate Business Journal, “the investment will be improving infrastructure and adding machinery and equipment to push production from an average of about 50 turbines per year to between 70 and 80 annually.”
Yahoo Finance has some excellent details on the capital commitment. Fuel Cell Works also has a lot more information about the innovative, technological advancements and research that is planned with this investment.
The demand for energy and data centers to power the growth of AI is exploding. There will be lots of investment in data centers despite the scare this past week from China-based DeepSeek.
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