they are not part of the development team. once the permit is issued they'll sell and exit.
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I literally cannot imagine comparing long term semi-permenant developmental decisions about the future of the city, its built environment, and how we should leverage our existing infrastructure to buying a computer.gone corporate wrote:Yay tax revenues. Cheers to the strong terms & standards for this development being approved. Now, let's build more of these projects - and let's use the taxes from these data centers to rebuild STL, starting with the Greater Ville and the other neighborhoods trashed by the tornado. And put them in the industrial areas only, those places where there's no residential but a lot of high capacity utilities. Hall Street should be filled with new data center construction.
Make hay while the sun shines. Let's get as much tax revenue out of these things as we can grab. And there's no doubt that technology will change 20 years from now. Same time, I've never heard anyone say that they won't buy a computer today because it would just be obsolete in 20 years. This is similar but at an institutionally large scale. And surely these developments will regularly get new racks of GPUs and whatever their successors will be. New investments into the sites like that would actually be helpful for the City's coffers by removing full site depreciation from tax assessments. Meanwhile, I'm still amazed at all the fears that these data centers will be abandoned after $3BB get invested into them. Fully unfounded and unrealistic.StlAlex wrote:In 20 years, everyone will look back on this as a massive flop.
Imagine if AI was 10 years earlier, you'd be right here lecturing about how the best path forward for Steelcote is a data center.
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