<strong>Artificial-intelligence-infrastructure provider 5C Data Centers, part of 5C Group, bought the Fred&rsquo;s Inc. corporate headquarters in Memphis with plans to turn it into a data center.</strong> (Courtesy 5C Group)Premium

New Memphis data center shuns tax incentives

“We have got to come up with some means of keeping our tax base steady and, likewise, growing and developing our city,” the incoming Shelby County property assessor said. “Otherwise, we’re going to look like Gary, Indiana.”