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Council approves 15-year tax abatement for Montauk/Google data center project
Summary
New Albany approved a 15-year, 100% real-property tax abatement under a Community Reinvestment Area agreement with Montauk Innovations LLC (reported parent: Google LLC) for a proposed 275,000-square-foot data center on about 84.7 acres, with an estimated $500 million investment; council adopted the resolution unanimously.
City staff presented Resolution R10-20-25, a first amended and restated Community Reinvestment Area agreement with Montauk Innovations LLC (identified in the presentation as a Google affiliate). The resolution authorizes the city manager to execute the amended CRA agreement and an associated memorandum of understanding, providing a 100% real-property tax abatement for 15 years for a proposed data center totaling 275,000 square feet on roughly 84.7 acres at Jug Street and Harrison Road, with an anticipated project investment of about $500 million. Staff said the project timeline aims to begin in December 2025 and complete by June 30, 2027.
Council members asked clarifying questions about road access and electrical service to the site. A company representative (introduced at the meeting) said the parent company was working with American Electric Power (AEP) and was cautiously optimistic it would secure a power solution subject to approvals. With no public comments during the hearing, council moved to adopt Resolution R10-20-25; the motion passed with seven yes votes.
The resolution approves the tax-abatement framework and directs the city manager to execute the agreement; specific benchmarks for performance and compliance will be measured under the city’s standard formulas for the building type and will remain subject to the agreement terms.
