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ApprovedStableRisk Index — Q1 2026

Clarksville / Montgomery County — Tennessee

Clarksville, Montgomery County, Tennessee

82/100

CLEAR PATH

Trajectory: No moratorium activity. No restrictive zoning amendments. Tennessee expanded DC incentives (HB 2182 in 2024). Google continues expanding ($2.5B+ cumulative).

Last updated 2026-03-29

Investment Thesis

By-right approval in industrial zones, TVA power infrastructure, zero organized opposition, and Google operating successfully since 2019. Tennessee has expanded DC incentives.

Google has operated in Clarksville since 2019. The data center is permitted by-right in commercial and industrial zones through administrative review — no CUP, no public hearing, no council vote required. TVA provides the power. Tennessee expanded DC tax incentives in 2024 with HB 2182. After 12+ search queries across local news, Reddit, Change.org, and municipal records, we found zero organized opposition. The biggest controversy is whether TVA should keep a coal plant open to serve data center demand.

By-right approval in commercial and industrial zones through P&Z administrative review. This is the least discretionary approval pathway among markets that still have formal zoning.

Google has invested $2.5B+ and generated $10.6B in economic activity in 2024 across the Montgomery County region.

TVA is one of the largest public power providers in America — and 18% of its industrial load now comes from data centers. 6.2 GW of new generation in the pipeline.

Tennessee is not among the states with DC moratorium bills in 2025-2026. HB 2182 (2024) expanded DC tax exemptions.

Zero organized opposition found across comprehensive search. Google's community grants ($600K+ since 2018) and school funding have built genuine local support.

Dimension Breakdown

How this market scores across four dimensions.

Regulatory Risk

30 pts

24/30

By-right in commercial and industrial zones through P&Z administrative review. Google operating since 2019. No DC-specific restrictions. Tennessee has no state or local moratorium.

Score: 24/30. By-right in commercial and industrial zones through administrative review. No DC-specific restrictions. No moratorium. No restrictive amendments.

Infrastructure Readiness

25 pts

20/25

TVA — one of the largest public power providers. 18% of industrial load from DCs in 2025. Google on 100% renewable via 413 MW solar PPA. TVA pursuing 6.2 GW new generation. CDE Lightband serves 80,000+ metered homes.

Score: 20/25. TVA provides robust public power. Google on 100% renewable via 413 MW solar PPA. CDE Lightband serves 80,000+ metered homes. TVA pursuing 6.2 GW new generation.

Opposition Density

25 pts

22/25

No organized opposition found after 12+ search queries. Google has operated since 2019 with exclusively positive coverage — community grants, school funding, charitable giving.

Score: 22/25. No organized opposition found after comprehensive search. Google's community engagement (grants, school funding) has built local support. Sierra Club's March 2026 criticism targeted TVA's gas plant reliance, not the data center itself.

Approval Timeline

20 pts

16/20

By-right P&Z administrative review in industrial zones. Google: announced December 2015, groundbreaking February 2018, opened November 2019.

Score: 16/20. Google: announced December 2015, groundbreaking February 2018, opened November 2019. By-right administrative review eliminates the discretionary hearing that creates delay in other markets.

Key Findings

What the evidence supports.

Data centers permitted by right in commercial and industrial zones through P&Z administrative review.

Montgomery County FAQ

Tennessee HB 2182 (2024) expanded DC tax exemptions to cover affiliated transfers.

Server Country Tennessee

Google has invested $2.5B+ and generated $10.6B in economic activity in 2024.

Google Data Centers: Montgomery County

Tennessee not among states with DC moratorium bills in 2025-2026.

Good Jobs First

Incentives & Programs

Why developers are choosing here.

20-year PILOT agreement with Google (December 2015)

Exempting the data center from portions of property taxes for 20 years.

Source

HB 2182 — expanded DC sales/use tax exemptions (2024)

Allows previously-qualified DCs to retain exemption when transferred to affiliate through corporate restructuring.

Source

Google community grants — $600,000+ since 2018

Grants to local nonprofits and schools; $300,000 in Goodwill Industries.

Source

Known Risks

No market is risk-free. Here's what to watch.

The credibility of a favorable score depends on honest risk disclosure. These risks are documented in public records.

TVA may keep Cumberland Fossil Plant open due to DC demand — environmental scrutiny

Sierra Club press release (March 2026) criticized TVA's gas plant reliance

Data Gaps

Transparent about what we do not yet know.

  • Could not extract verbatim zoning code section numbers from Municode for Clarksville

Recommendation

CLEAR PATH — Score 82/100

Favorable market. By-right approval, TVA infrastructure, and no organized opposition.

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About This Index

RealClearPublished Q1 2026

RealClear is an entitlement intelligence platform for real estate development teams. This index scores U.S. markets across four dimensions of data center entitlement risk: regulatory complexity, infrastructure readiness, community opposition density, and approval timeline. Every claim is verified against primary source documents — meeting minutes, court filings, zoning codes, and legislative records.

Read the full methodology
20Markets Scored
15States Covered
249+Claims Verified

Ready to screen a live site? RealClear returns a scored intelligence brief — zoning posture, approval path, community risk, and comparable outcomes — cited to the primary source.