Memphis mayor confirms data center generated $54 million in taxes this year, more than double last year.
The facility produced $54 million in tax revenue, up from $25 million last year, making it the second largest taxpaying property in Shelby County.
Local restaurants and hotels report increased patronage since the data center opened.
A PwC study found the data center sector supported 5.5 million jobs nationwide in 2024, a 17% increase from the previous year.