Authorize an amendment to the Business Personal Property Tax Abatement and Chapter 380 Grant Agreement (“Agreement”) between the City of Dallas and Digital Realty Trust, L.P. (“Digital”), previously authorized by City Council Resolutions Nos. 21-0444 and 21-0616 on February 24, 2021 and April 14, 2021, respectively, related to the multiple-phase expansion and renovation of Digital’s data center and offices (“Project”) located at 2323 Bryan Street in the central business district to (1) delete the Business Personal Property Tax Abatement; (2) reduce Digital’s minimum investment requirement from $104 million to $13 million; (3) reduce the amount of the Chapter 380 economic development grant from $1,000.00 to $290.00 for each new full-time permanent job for a total reduction of $150,000.00 (from $200,000.00 for a total amount not to exceed $50,000.00); (4) increase the required minimum number of full-time permanent jobs created at 2323 Bryan Street with a minimum average annual salary requirement of $120,000.00 from 143 full-time permanent jobs to 175 full-time permanent jobs; and (5) reduce the minimum local hiring requirement from 35% to 25%, in accordance with the City’s Economic Development Incentive Policy - Not to exceed $50,000.00 - Financing: Public Private Partnership Fund (see Fiscal Information)

What this record is

Amount

$50K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

amendment

Field

Construction

construction contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee

Office of Economic Development

Requested by

Office of Economic Development (ECO)

Introduced

May 29, 2025

On agenda

June 11, 2025

Enactment no.

25-0937; APPROVED

Where it was heard

City Council Jun 11, 2025

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