Bryan City Council Considers Tax Abatement for RELLIS Campus Data Center Under New Ownership
The Bryan City Council plans to vote on a tax abatement for a data center at the RELLIS Campus on May 5. This project, which faced bankruptcy, is nearing completion under new ownership.
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The Bryan City Council is scheduled to vote on May 5 regarding a tax abatement agreement for a data center at the RELLIS Campus. The project has been ongoing for approximately two years and faced significant challenges when the original developer filed for Chapter 11 bankruptcy.
New ownership has since taken over, and the building is close to completion. The tax abatement agreement remains the same as previously established and is being transferred to the new owner. Specific details regarding the new ownership and the financial value of the abatement have not yet been released, indicating potential future implications for local economic development.
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