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Staff proposes targeted-development pilot and incentives for West Oak Ridge
Summary
City staff outlined a new pilot program and incentives aimed at redeveloping targeted commercial areas in West Oak Ridge, broadening eligibility to facilities commercializing technology while excluding cryptocurrency mining and narrowing language on AI data centers; council was told the city manager would administer pilots and the council could revoke them if needed.
City staff on Monday asked the Oak Ridge City Council to approve a framework that would let the Industrial Development Board and city staff run pilot incentives for targeted redevelopment in West Oak Ridge.
The proposal, described in a redlined draft circulated to council, would broaden eligibility to “any local, federal or state facilities that are commercializing technology,” rather than limiting incentives to entities tied to a specific lab or prototype center. Presenter Mark said the…
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