Gooooogle Data Center

Talk about the ever expanding north side of KC.
earthling
One Park Place
One Park Place
Posts: 7430
Joined: Sun Sep 11, 2011 2:27 pm

Re: Gooooogle Data Center

Post by earthling »

^Haven't found anything since signing a deed last fall. COVID might be slowing things down.
earthling
One Park Place
One Park Place
Posts: 7430
Joined: Sun Sep 11, 2011 2:27 pm

Re: Gooooogle Data Center

Post by earthling »

langosta wrote: Wed Jun 17, 2020 10:57 am Anything ever happen with the google project?
As of Feb 2021...
https://www.bizjournals.com/kansascity/ ... enter.html
As Shalerock LLC, the web search giant and primary unit of Alphabet Inc. (Nasdaq: GOOGL) in August 2019 bought about 80 acres in Hunt Midwest Business Center, northeast of Parvin Road and Arlington Avenue, for a $600 million data center facility.

Google also has the option to buy as much as 236 additional acres north of that first site, according to a real estate option agreement filed Aug. 27, 2019, with the Clay County Recorder of Deeds office.

That agreement gives Google three successive six-month extensions of its option for that land. Saturday will mark a rollover into the final extension, ending Aug. 27. (2021)
Apparently Google takes their time with years of planning for new sites. Or maybe they sell the land and move to the other DC complex announced if a better situation.
earthling
One Park Place
One Park Place
Posts: 7430
Joined: Sun Sep 11, 2011 2:27 pm

Re: Gooooogle Data Center

Post by earthling »

Google acquired 4 times more land from Hunt Midwest...
This week, Google has nearly quadrupled its land holdings in the area. On Wednesday, the company acquired another 236.4 acres just north from Hunt Midwest, Clay County property records show. A real estate option agreement for that acreage had been in effect between the parties since August 2019. A sale price was not available.

"Google has acquired property in Kansas City, Mo., for a potential data center," a company spokesperson said in a statement. "While we do not have a confirmed timeline for development for the site, we want to ensure that we have the option to further grow, should our business demand it."
For the other data center complex going in (Golden Plains Tech Park), the first phase is called Project Velvet and Velvet is the internal code name for Google's search engine. So Google may be interested in both sites or perhaps just coincidence and first GPTP tenant is someone else.

https://www.bizjournals.com/kansascity/ ... -sale.html
User avatar
AlkaliAxel
Alameda Tower
Alameda Tower
Posts: 1114
Joined: Wed Jun 16, 2021 9:58 pm
Location: Brookside

Re: Gooooogle Data Center

Post by AlkaliAxel »

Anyone know where that $28 bil Cerner is getting is gonna go? Back into the city at all?
User avatar
GRID
City Hall
City Hall
Posts: 15225
Joined: Mon Sep 15, 2003 12:20 pm
Contact:

Re: Gooooogle Data Center

Post by GRID »

AlkaliAxel wrote: Mon Dec 20, 2021 4:43 pm Anyone know where that $28 bil Cerner is getting is gonna go? Back into the city at all?
It's pay as you go. Cerner basically gets reimbursed for all the economic activity it creates. Everything from sales tax to employee kcmo etax to state income tax generated by the employees of Cerner over a period of time based on how much they spend on building the office park.

Basically, they already used what they have for the buildings up to now and will simply not get the remaining incentives if they don't build out the rest of the campus.

It's not like the city and state just gave Cerner 2 billion dollars. That is how STAR bonds work in KS though. They get most of the cash up front, which is why many of STAR bonded projects in KS never get beyond the first phase. They spend all the incentives in the first phase and then drag their feet building all the rest, getting a free development basically.
User avatar
alejandro46
Colonnade
Colonnade
Posts: 784
Joined: Fri Feb 02, 2018 11:24 pm
Location: King in the North(Land)

Re: Gooooogle Data Center

Post by alejandro46 »

AlkaliAxel wrote: Mon Dec 20, 2021 4:43 pm Anyone know where that $28 bil Cerner is getting is gonna go? Back into the city at all?
Oracle is buying Cerner stock at $95 per share totaling $28B. For each share of Cerner Oracle is buying, the stockholder gets $95 and the stock goes away. There's no "going back into the city," except the employees who are getting payoffs/conversions of their stock.
User avatar
GRID
City Hall
City Hall
Posts: 15225
Joined: Mon Sep 15, 2003 12:20 pm
Contact:

Re: Gooooogle Data Center

Post by GRID »

OH, I read that as 2 billion, so I assumed you were talking about the incentive package.
freedog
Parking Garage
Parking Garage
Posts: 24
Joined: Thu Dec 02, 2021 3:32 pm

Re: Gooooogle Data Center

Post by freedog »

alejandro46 wrote: Mon Dec 20, 2021 5:52 pm
AlkaliAxel wrote: Mon Dec 20, 2021 4:43 pm Anyone know where that $28 bil Cerner is getting is gonna go? Back into the city at all?
Oracle is buying Cerner stock at $95 per share totaling $28B. For each share of Cerner Oracle is buying, the stockholder gets $95 and the stock goes away. There's no "going back into the city," except the employees who are getting payoffs/conversions of their stock.
Yup. 90% of the shares are institutional as well. Insiders only own .2% of the company

https://www.nasdaq.com/articles/what-ki ... 2021-10-12
User avatar
alejandro46
Colonnade
Colonnade
Posts: 784
Joined: Fri Feb 02, 2018 11:24 pm
Location: King in the North(Land)

Re: Gooooogle Data Center

Post by alejandro46 »

GRID wrote: Mon Dec 20, 2021 6:04 pm OH, I read that as 2 billion, so I assumed you were talking about the incentive package.
Yes, this question belongs in the Cerner thread.
User avatar
normalthings
One Park Place
One Park Place
Posts: 6275
Joined: Mon Mar 30, 2015 9:52 pm

Re: Gooooogle Data Center

Post by normalthings »

earthling wrote: Fri Dec 17, 2021 1:26 pm Google acquired 4 times more land from Hunt Midwest...
This week, Google has nearly quadrupled its land holdings in the area. On Wednesday, the company acquired another 236.4 acres just north from Hunt Midwest, Clay County property records show. A real estate option agreement for that acreage had been in effect between the parties since August 2019. A sale price was not available.

"Google has acquired property in Kansas City, Mo., for a potential data center," a company spokesperson said in a statement. "While we do not have a confirmed timeline for development for the site, we want to ensure that we have the option to further grow, should our business demand it."
For the other data center complex going in (Golden Plains Tech Park), the first phase is called Project Velvet and Velvet is the internal code name for Google's search engine. So Google may be interested in both sites or perhaps just coincidence and first GPTP tenant is someone else.

https://www.bizjournals.com/kansascity/ ... -sale.html
My prediction: Google to Hunt Midwest. Facebook to Project Velvet. 1 or both launches a downtown office.
earthling
One Park Place
One Park Place
Posts: 7430
Joined: Sun Sep 11, 2011 2:27 pm

Re: Gooooogle Data Center

Post by earthling »

Facebook may be using an internal Google code name to be intentionally misleading. Google still has a Google Fiber office downtown I think.
User avatar
normalthings
One Park Place
One Park Place
Posts: 6275
Joined: Mon Mar 30, 2015 9:52 pm

Re: Gooooogle Data Center

Post by normalthings »

earthling wrote: Sat Jan 15, 2022 7:36 am Facebook may be using an internal Google code name to be intentionally misleading. Google still has a Google Fiber office downtown I think.
Yea I was thinking a "bigger" office.
User avatar
normalthings
One Park Place
One Park Place
Posts: 6275
Joined: Mon Mar 30, 2015 9:52 pm

Re: Gooooogle Data Center

Post by normalthings »

Google Data Center moving forward.
Shalerock, LLC is evaluating the potential development of an industrial facility in Kansas City. Discussions of technical aspects of the potential development necessarily include confidential information belonging to Shalerock, LLC. Such information may be protected from disclosure under federal and state law. The City wishes to provide Shalerock, LLC the opportunity to evaluate the potential development and operate its facility in the City. This ordinance would authorize the City Manager to enter a non-disclosure agreement with Shalerock, LLC, agreeing to keep confidential to the extent allowed by law Shalerock's confidential information.
https://kansascity.legistar.com/Legisla ... BC88BF3517
Post Reply