A fully operational industrial facility located in the U.S. Midwest is available for sale and presents a compelling opportunity for rapid conversion into a high-capacity AI data center. The site was previously utilized for large-scale computing operations, providing a unique advantage in terms of expedited permitting, established infrastructure, and minimal community or regulatory friction. This enables near-term deployment of AI and cloud computing capacity.
Keypoints
• Site & Building: 21-acre site with an approximately 380,000 sq. ft. industrial facility
• Immediate Power Availability: 150MW of operational utility power, supported by over three years of stable performance
• Expansion Capacity: Approved pathway to scale total capacity to 299MW, including 149MW of incremental capacity confirmed by the utility
• Electrical Infrastructure: Dedicated, owner-operated substation with four 138kV to 13.8kV transformers
• Utility Reliability: No recorded history of brownouts or major outages; recognized as a priority customer by the utility provider
• Development Timeline: Utility upgrade expected within 24–28 months post-agreement; expansion subject to an estimated ~$35 million standby letter of credit
Strategic Advantages
• Strategic Location: Positioned within a 600-mile radius of approximately 60% of the U.S. population, supporting low-latency deployment for AI and cloud services
• Competitive Power Economics: Industrial electricity pricing below the U.S. national average (approximately $0.06/kWh based on a 24-month average), supporting cost-efficient operations
• Sustainable Energy Profile: Strong nuclear baseload generation (approximately 32%of regional supply), complemented by access to renewable energy sources including wind and solar
• Robust Connectivity: Access to an extensive regional fiber network, including availability of dark fiber, supported by a designated smart digital corridor
• Favorable Regulatory Environment: Existing zoning, flexible height allowances, and reduced permitting risk driven by prior large-scale computing use
Current Status
• Asset is actively being marketed for sale
• Load study has been completed; utility construction services agreement is in the final stages of negotiation
• Engineering plans, financial models, and site visits are available upon
