03/09/2024
Huge exciting new for the Frederick community
The recent approval of a hyperscale data center is a major win for the cities growth and a strong indicator a booming real estate market.
With Frederick being one of the fasted growing cities in Maryland and development continues to mature, now is a great time to capitalize on the market! If you're thinking about buying in Frederick, lets connect!
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In January, a new hyperscale data center was approved estimated to generate estimated $7 million in annual county tax revenue $14 million of state tax revenue! (Which more a significant tax revenue for Frederick county, which translates into better infrastructure, schools, and services for all residents.)
Once completed, the data center will create 100 full time jobs and about "280 support jobs in Frederick county in other sectors, including restaurants, consulting services, real estate firms and computer system design firms. The data center will also support about 100 secondary jobs for the remainder of the state."
Rowan Digital Infrastructure received approval this week to move forward with plans for a hyperscale data center development at the Quantum Loophole campus in Frederick County.