New Economic Analysis Shows That Blocking the Plymouth Township Data Center Will Cost the Region $424 Million in Lost Tax Revenue and 15,000 High-paying Construction Jobs; the Colonial School District to Be the Hardest Hit.
As Plymouth Township's zoning board is set to rule on the future of the former Cleveland-Cliffs steel mill at 900 Conshohocken Road, an independent economic and fiscal impact analysis puts a hard number on what is at stake. The study, prepared by 4ward Planning Inc. for 900 Conshohocken Road LLC, finds that converting the vacant 1.95 million-square-foot dormant mill site into a data center would generate $424 million in new tax revenue over 20 years, with the majority flowing directly into Colonial School District classrooms. Blocking the project keeps that revenue at zero.
