CBRE Research Releases Report On Texas Data Center Incentives
Texas House Bill 1223 supports growth in data center development.
A new data center tax incentive program that went into effect on September 1 will enhance Texas’s already favorable economic climate for corporations looking to move to or increase their business within the state, according to a new report titled, “Data Center Incentives: Strengthening Texas’s Competitive Advantage,” released by CBRE Global Research and Consulting.
Within the last five years, IP traffic has more than quadrupled and will continue the upward momentum as the need for businesses to store, manage and distribute information and network traffic grows.