Incentives & Infrastructure Estimated incentives and Infrastructure cost: $87,000,000 We will have...

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MICROSOFT: PROJECT ALLUVION

Transcript of Incentives & Infrastructure Estimated incentives and Infrastructure cost: $87,000,000 We will have...

Page 1: Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.

MICROSOFT: PROJECT ALLUVION

Page 2: Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.

PROJECT ALLUVION

Page 3: Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.

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

Page 4: Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.
Page 5: Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.

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

Page 6: Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.

Potential Infrastructure Improvements

South 8th Street (old Army Post Rd to County Line Rd)

Pine Avenue to new Army Post Road

Page 7: Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.

Potential Infrastructure Improvements Continued

Pine Avenue upgrades (eastern Corporate Limits to South 8th Street)

Maffitt Road/County Line Road connection (South Veterans’ Parkway to County Line Road)

County Line Road connector to MaffittRoad extension

Page 8: Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.

Water & Sewer

Water line distribution/storage upgrades

Sanitary sewer line upgrades

Page 9: Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.

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)

Page 10: Incentives & Infrastructure  Estimated incentives and Infrastructure cost: $87,000,000  We will have a Development Agreement with Microsoft that will.

Schedule

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