top of page
No Lowell Data Center
The Right Place Strategic Readiness Fund Grant Agreement Budget
Below is a summary of the costs to enhanced the water treatment plant, wastewater treatment plant and extend the utilities to the site.
-
Total Cost $64M
-
SSRP Grant = $19.5M
-
Brownfield Tax Increment Financing = $18M*
-
Remaining cost = $26.5M
*According to The Right Place Strategic Readiness Fun Grant Application, "The $18+ million in "local community and financial support" is in the form of a projected brownfield TIF reimbursement toward these costs, realized over a projected 15-year period." If this is accurate, tax revenue to the City/Township would be reduced by $1.2 M/ year.

Previous Budget Estimates from The Right Place SSRP Application







bottom of page