Data Center Deal: Hundreds of Millions for Festus
St. Louis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
City leaders in Festus unveil plans for a massive data center, promising significant revenue and job growth. The project, developed by R:ED Development, will span up to one million square feet, drawing up to three hundred megawatts of electricity. Officials assure residents of safeguards to mitigate issues like power costs and noise. The deal includes tax breaks and dedicated funds for community needs, with final terms being negotiated. Stay tuned for updates on the approval process.
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