Even though State Farm already plans to build several office towers in Dunwoody, the company could receive tax incentives worth $48.6 million.

Construction of the first State Farm office buildings near Perimeter Mall is already nearly complete, and two more would go up next.

The site’s developer, Dallas-based KDC, says the tax incentives will speed up the project by breaking ground on its next phase in 2017 instead of 2019.

Critics say the tax breaks are nothing more than a handout for a company that has already committed to its Dunwoody expansion.

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In 2022, Georgia Power projected its winter peak electricity demand would grow by about 400 megawatts by 2031. Since then, Georgia has experienced a boom of data centers, which require a large load of electricty to run, and Georgia Power's recent forecast shows peak demand growing by 20 times the 400-megawatt estimate from just three years ago. (Illustration by Philip Robibero/AJC)

Credit: Illustration: Philip Robibero / AJC