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flag Hamilton County leases its old jail to Urban Story Ventures for $60M–$80M to build Jailhouse Studios, a creative hub with a data center, job creation, and student support.

flag Hamilton County commissioners approved a 35-year lease to convert the vacant 1976-era county jail in Chattanooga into Jailhouse Studios, a music, film, and production facility with a data center. flag Developer Urban Story Ventures will invest $60 million to $80 million, starting with an annual payment of $375,000 that increases by 3% yearly. flag The lease includes a county exit clause, a 12,000-square-foot cap on the data center, and a commitment to allocate 1.5% of annual profits to support local students in creative fields. flag The project aims to revitalize downtown, create hundreds of jobs, and repurpose a building that cost $24,000 annually to maintain. flag Officials say it aligns with growing industry interest in mid-sized cities and supports workforce development through partnerships with local schools and organizations.

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