Farmer donates land for a park, city sells it for $10M as data center land

Tech Savvy Land Deal 🤯



The city sold land donated by a farmer, initially intended for a park, for $10 million to develop a data center, highlighting the lucrative shift from public green spaces to digital infrastructure. Valued at a $10 million profit, with an expected $30 million in tax revenue over the next decade, this deal underscores the growing demand for data centers and their impact on local economies.

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https://news.ycombinator.com/item?id=48481126

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https://www.tomshardware.com/tech-industry/farmer-donates-land-for-a-park-city-sells-it-for-data-center-development-usd10-gift-became-usd10m-for-city-government-with-usd30m-tax-expected-over-next-decade

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maxloh

id: 3688
uid: agEVO
insdate: 2026-06-10 20:05:07
title: Farmer donates land for a park, city sells it for $10M as data center land
additional:

Tech Savvy Land Deal 🤯



The city sold land donated by a farmer, initially intended for a park, for $10 million to develop a data center, highlighting the lucrative shift from public green spaces to digital infrastructure. Valued at a $10 million profit, with an expected $30 million in tax revenue over the next decade, this deal underscores the growing demand for data centers and their impact on local economies.
category: Hacker News
md5:
guid: https://news.ycombinator.com/item?id=48481126
source_url: https://www.tomshardware.com/tech-industry/farmer-donates-land-for-a-park-city-sells-it-for-data-center-development-usd10-gift-became-usd10m-for-city-government-with-usd30m-tax-expected-over-next-decade
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author_name: maxloh
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