{"id":358168,"date":"2025-08-17T09:00:00","date_gmt":"2025-08-17T03:30:00","guid":{"rendered":"https:\/\/www.technologyforyou.org\/?p=358168"},"modified":"2025-08-17T09:00:19","modified_gmt":"2025-08-17T03:30:19","slug":"data-centers-can-accelerate-marylands-job-growth-and-bridge-states-budget-gap","status":"publish","type":"post","link":"https:\/\/www.technologyforyou.org\/data-centers-can-accelerate-marylands-job-growth-and-bridge-states-budget-gap\/","title":{"rendered":"Data Centers Can Accelerate Maryland\u2019s Job Growth and Bridge State\u2019s Budget Gap"},"content":{"rendered":"<div id=\"bw-release-subhead\" class=\"press-release ui-kit-press-release-content overflow-hidden bw-release-subhead ui-kit-press-release__subhead top-container mt-6 lg:mt-10 font-figtree text-fontBasic font-medium leading-[1.4545em] text-xl lg:text-2xl\">\n<ul class=\"bwlistdisc\">\n<li><i>Study finds that a typical data center project in Maryland, approximately 800,000 sq. ft., supports 5,000 direct and indirect jobs and $775 million in economic activity and generates approximately $18 million in tax revenues during construction.<\/i><\/li>\n<li><i>Once operational, the same data center will support nearly 500 permanent jobs and generate $14 million in state tax revenue annually.<\/i><\/li>\n<\/ul>\n<\/div>\n<div class=\"bw-release-body ui-kit-press-release-body ui-kit-press-release__body\">\n<div id=\"bw-release-story\" class=\"press-release ui-kit-press-release-content overflow-hidden bw-release-story ui-kit-press-release-body__story mt-6 lg:mt-10 font-oxygen text-base font-normal leading-[1.5em] lg:text-xl lg:leading-[1.6em]\">\n<div>\n<p><strong>ROCKVILLE, Md.&#8211;(BUSINESS WIRE) &#8211; <\/strong>As Maryland navigates a changing fiscal and economic landscape, a new Maryland Tech Council report finds that data centers offer Maryland a rare opportunity to expand its tax base, create high-paying jobs, and lead in the digital economy\u2014without raising taxes or straining public services.<\/p>\n<p id=\"pull-quote\" class=\"font-figtree text-lg lg:text-[24px] leading-6 lg:leading-[38px]\" style=\"text-align: center;\"><span style=\"font-size: 14pt;\">Study finds that a typical data center project in Maryland, approximately 800,000 sq. ft., supports 5,000 direct and indirect jobs and $775 million in economic activity and generates approximately $18 million in tax revenues during construction.<\/span><\/p>\n<p>The study finds that a typical data center project in Maryland, approximately 800,000 sq. ft., supports 5,000 direct and indirect jobs and $775 million in economic activity and generates approximately $18 million in tax revenues during construction. Once operational, the same data center will support nearly 500 permanent jobs and generate $14 million in state tax revenue annually.<\/p>\n<p>\u201cAs Maryland adapts to new challenges to its economy and tax base, we need to support industries that can create tens of thousands of high-paying jobs and significantly bolster tax revenues,\u201d said\u00a0<b>Kelly Schulz, Chief Executive Officer of the Maryland Tech Council<\/b>. \u201cThe data center industry does exactly that, without the need for tax increases. By creating and executing a strategic plan for data center development, Maryland can meaningfully address its structural budget challenge, put more Marylanders to work in good-paying jobs, and build the digital infrastructure required to remain an American technological leader.&#8221;<\/p>\n<p>MTC\u2019s report, prepared by Sage Policy Group, comes at a critical moment for Maryland. The state ranks 40<sup>th<\/sup>\u00a0in the U.S. in five-year job growth and is projecting a $3 billion budget deficit by Fiscal Year 2030. Meanwhile, the U.S. technology industry is expected to\u00a0invest\u00a0upwards of $500 billion to build out AI and data center infrastructure by 2030, presenting Maryland with a clear opportunity to strengthen its economic and fiscal position by supporting the data center industry.<\/p>\n<p><strong>A summary of the report\u2019s key findings follows:<\/strong><\/p>\n<p><b>Economic Impacts<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Construction Revival:<\/b>\u00a0Every 275 square feet of data center supports one construction job, providing a critical boost for a sector that has lost 13,000 jobs since 2019.<\/li>\n<li><b>High-Quality Employment:<\/b>\u00a0Data center employees earn nearly $100,000 in annual pay, 55% above the statewide average.<\/li>\n<li><b>Multiplier Effect:<\/b>\u00a0Each direct data center job creates more than two additional jobs across Maryland\u2019s economy.<\/li>\n<\/ul>\n<p><b>Fiscal Benefits<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Major Revenue Generation:<\/b>\u00a0One million square feet of operational data center space produces over $16 million in annual state revenue.<\/li>\n<li><b>Minimal Service Requirements:<\/b>\u00a0Data centers place minimal demands on government services, maximizing their net fiscal impact.<\/li>\n<li><b>Construction Phase Windfall:<\/b>\u00a0Each square foot of data center construction generations approximately $10 in sales tax revenue.<\/li>\n<li><b>Local Tax Impact:<\/b>\u00a0A 2023 Sage study of a potential 16 million square foot development in Frederick County estimated more than $40 million in annual tax revenue to the county.<\/li>\n<\/ul>\n<p><b>Environmental Advantages<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>A Clean Energy Advantage:<\/b>\u00a0Maryland produces between 6% and 71% fewer carbon emissions per megawatt hour of energy compared to neighboring states.<\/li>\n<li><b>Controlling Environmental Outcomes:<\/b>\u00a0Hosting energy-intensive facilities in Maryland ensures lower emissions and better environmental outcomes than if built elsewhere in the region.<\/li>\n<\/ul>\n<p><b>Public Sentiment<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Tax Resistance:<\/b>\u00a0A majority of Marylanders oppose tax increases: 77% are against property tax hikes, 76% oppose income tax increases, and 73% are against raising sales taxes. Data centers can bring revenue to state and county governments without raising taxes.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Study finds that a typical data center project in Maryland, approximately 800,000 sq. ft., supports 5,000 direct and indirect jobs and $775 million in economic activity and generates approximately $18 million in tax revenues during construction. Once operational, the same data center will support nearly 500 permanent jobs and generate $14 million in state tax [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14083],"tags":[],"class_list":{"0":"post-358168","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-technology-industry-news"},"_links":{"self":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/358168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/comments?post=358168"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/358168\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/media?parent=358168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/categories?post=358168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/tags?post=358168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}