Brookings Report Advocates for Long-term Economic Strategies in Data Center Deals
The Brookings Institution's report suggests localities negotiate for long-term economic benefits from data centers rather than one-time contributions. It highlights how the balance of power has shifted due to the demand for AI-focused data centers, enabling communities to leverage deals that foster economic growth. Recommendations include co-investment in AI infrastructure, partnerships with local universities, and more substantial commitments from data center companies to support local economies.
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A report by the Brookings Institution advises localities to negotiate long-term economic benefits from data center agreements. It asserts that communities have more bargaining power due to the demand for AI-focused data centers that require significant land and energy.
Localities should ask for investments that foster new economic sectors rather than one-time contributions. Suggestions include co-investing in AI-related real estate, forming partnerships with universities, and ensuring data centers contribute to local talent development. The report emphasizes shifting negotiations to include long-term community benefits.
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