Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.

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Presentation transcript:

Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will also have a minimum assessment agreement requiring a minimum property valuation of $255,000,000 at the end of Phase IV

Project Description  Four phase data center  Area: 154 acres  Total investment: $1,126,218,000  Total building size: 1,165,364 square feet  Total employment: 84

Potential Infrastructure Improvements  South 8 th Street (old Army Post Rd to County Line Rd)  Pine Avenue to new Army Post Road

Potential Infrastructure Improvements Continued  Pine Avenue upgrades (eastern Corporate Limits to South 8 th Street)  Maffitt Road/County Line Road connection (South Veterans’ Parkway to County Line Road)  County Line Road connector to Maffitt Road extension

Water & Sewer  Water line distribution/storage upgrades  Sanitary sewer line upgrades

Services  Relocation of MidAmerican power line  Fiber optic conduit/fiber line installation  Public Safety Facility (to be constructed/equipped as part of TIF District at a date to be determined)

Schedule  Review plans (Phase I only)  Grading  Construction of Phase 1  Open Phase 1  Future Phases