Data centers keep the internet moving — for both companies and our communities. QTS’ proposed data center offers an opportunity to keep our county moving as well.
Having served in various economic development roles in Georgia for over 20 years, I can unequivocally state that our area has never seen an opportunity like QTS’ proposed data center.
Residential taxes in most counties don’t come close to paying for all the government services community members receive. Business and corporate taxes carry the bulk of the tax burden.
By all estimates, QTS will be the largest single taxpayer in Fayette County within the next ten years. Previously, this property only brought the county about $11,000 in taxes yearly. The property tax revenue alone may exceed $40 million annually based on current millage rates when completed. That’s an over 350,000 percent increase. This revenue will undoubtedly help maintain our top-tier schools while reducing the tax strain on residents.
Fayette County has already benefitted to the tune of $430,000 annually from QTS’ presence by way of the Fayette County Development Authority’s financial self-sufficiency, which was funded by brokering the land. This means the FCDA has removed their requests for funding current and future budgets from the taxing entities in Fayette County. That’s a long-term win for taxpayers.
QTS’ presence will also attract additional investments to the county. For every dollar QTS invests here, their tenants will invest at least another dollar, and QTS will attract high-tech businesses to our area.
In addition to new opportunities for our community, QTS has committed to being a responsible steward. QTS was the top-ranked data center company for global sustainability. They provide careful attention to recycling and water processing at their data centers, and make clean water possible for thousands of families around the world through their partnership with World Vision, a humanitarian organization.
Further, QTS is working to ensure that any development will not strain the grid for residents. Instead, it will strengthen the grid by building redundancies emphasizing carbon neutrality.
The new company projects that the FCDA has been involved with over the last decade have had an ROI value upwards of 1500 percent. Our mission is to know what businesses will strengthen our community, and QTS is a wonderful addition. We look forward to their contributions to Fayette County. When you combine QTS’ corporate citizenry and our county’s quality of life, you have a good partner for Fayette County.
Niki Vanderslice, President/CEO
Fayette County Development Authority