Riverfront industrial site, about 90 acres
Buyer: data center developer seeking 50 to 100 MW, phased, at the full asking price.
Serving utility unresolved at a territory boundary. Local lines cannot carry the load; the regional fix is a multi-year transmission upgrade. On-site gas can bridge a small first phase at 2 to 4 times grid cost.
A data center is not a listed use, so a written use ruling is needed. Environmental clearance must be documented, and riverfront fill points to ground improvement.
Priced as if power were secured, and it is not. The value today is marine and rail access, which fits a different buyer.
- A written will-serve letter from the serving utility, naming megawatts and dates.
- A load interconnection study with a funded upgrade and a stated cost share.
- A price near industrial value, or a base price plus an earnout per megawatt energized.
- A written ruling that a data center is a permitted use.
- A Phase I environmental site assessment and the prior clearance letter in hand.
Illustrative. Dates are estimates from utility study stage and equipment lead times, not utility commitments.