Palm Beach County pumps brakes on data center proposals
Palm Beach County officials are pressing pause on new data center proposals as they decide how to regulate one of the fastest growing asset classes in commercial real estate. County commissioners voted Tuesday to advance a temporary law halting data center applications and immediately prevent developers from submitting new proposals, the South Florida Business Journal reported. Commissioners voted 6-1 to direct county staff to prepare a moratorium ordinance on all new data center applications, the outlet said. That ordinance, which requires a second vote, would place a temporary pause on all new data center applications in Palm Beach County. County […]This article originally appeared on The Real Deal. Click here to read the full story.
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