Microsoft`s proposal to develop an additional 1,030 acres in Mount Pleasant`s Wisconsin Innovation Park, mostly on land previously controlled by Foxconn, is expected to cover the hundreds of millions in debt local governments incurred to buy land and prepare the site for development.
The land purchase, expected to be completed by the end of the year, was announced just six months after Microsoft paid $50 million for a 315-acre parcel where it is building what is now the first phase of a massive data center development. That investment alone, in an area east of the Foxconn campus between Braun Road and County KR, is expected to be $1 billion...
Ken Notes: The data center is a solid investment. Just get an equally solid development agreement.
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- - Volume: 11 - WEEK: 46 Date: 11/15/2023 3:10:03 PM -