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Microsoft: project Alluvion. Project Alluvion. Incentives & Infrastructure. Estimated incentives and Infrastructure cost: $87,000,000
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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 8th 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 8th Street) • Maffitt Road/County Line Road connection (South Veterans’ Parkway to County Line Road) • County Line Road connector to MaffittRoad 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