Pflugerville approves incentive deal for data center near Stone Hill Town Center
July 27, 2012
By Marques G. Harper | July 26, 2012
PFLUGERVILLE
— The Pflugerville City Council unanimously approved Tuesday night modifying a development agreement that calls for the city to build Pfluger Farm Lane as part of a new data center project planned near Stone Hill Town Center. The road will extend from Pflugerville Parkway to Town Center Drive through the 350-acre tract of land owned by Terrell Timmermann, making the land accessible for future development.
Timmermann will receive $2 million in tax rebates if he brings $25 million of office and retail development to the tract, according to Pflugerville Community Development Corp. Executive Director Floyd Akers. The city also agreed to build $2 million of electrical infrastructure for the data center including an electrical substation for the site.
