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Eagle Mountain seeks 20-year tax increment and full personal-property abatement for proposed $750M–$1B data‑center park
Summary
Eagle Mountain City officials told the Utah County Commission they are pursuing a 487‑acre community reinvestment area to host large data centers, asking for 100% exemption of personal property taxes and an 80/20 split of real property increment over 20 years; city consultants said first‑phase assessed value could reach $750 million–$1 billion.
Eagle Mountain City officials on May 1 presented a proposed Community Reinvestment Area (CRA) that would support a large data‑center industrial park and asked Utah County commissioners to consider a unique package of tax incentives.
City Administrator Iffo Pili told the board the project could be among the largest tax‑increment investments in Utah and described a phased plan the city expects to grow over years. ‘‘This project potentially will be the biggest project, power wise, tax increment wise to ever land in the state of Utah,’’ Pili said during the work session.
Rob Sant, financial consultant for Lewis Young Robertson, told the county the proposal centers on 487 acres in the city’s southwest, with a first phase of roughly 970,000 square feet (900,000 sf data center; 70,000 sf office). Sant…
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