By Anton Riecher
An agreement to join with a Denver-based real estate company in the development of a 340-acre site northeast of Lytle as the potential site for a future data center was unanimously approved by the city council Monday.
Plans call for Tract, a real estate development company specializing in finding locations for data centers, to apply for annexation of the site into the city’s extra-territorial jurisdiction within the next few weeks.
Mitch Nelson, director of entitlements for Tract, made a PowerPoint presentation to the council as the basis for the development agreement request.
“What we do is look at appropriate sites and go through an acquisition process that involves acquiring the (electrical) power, meaning we put down sufficient dollars to pay for the power,” he said.
That process also includes joining with nearby communities in early master planning – “seeing where we can fit in and then performing entitlements which is what we are doing here tonight,” Nelson said.
“Ultimately, if we close on the property, then we invest heavily in the community with water and sewer infrastructure to make sure that the site is prepared and appropriate for this type of use,” he said.
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