KCRag Forum

^Haven't found anything since signing a deed last fall. COVID might be slowing things down.

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.

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

Anyone know where that $28 bil Cerner is getting is gonna go? Back into the city at all?

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.

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.

OH, I read that as 2 billion, so I assumed you were talking about the incentive package.

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

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.

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.

Facebook may be using an internal Google code name to be intentionally misleading. Google still has a Google Fiber office downtown I think.

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.

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

Apparently there's been action with one of the Google DC sites last couple months (former AK Steel site). Black&Veatch engaged, apparently for sewer/water supply/utilities infrastructure. No official Google announcement yet. Maybe within the next 4-6 months?

earthling wrote: ↑Sun May 01, 2022 1:25 pm Apparently there's been action with one of the Google DC sites last couple months (former AK Steel site). Black&Veatch engaged, apparently for sewer/water supply/utilities infrastructure. No official Google announcement yet. Maybe within the next 4-6 months?

That website has errors even on basic info for other DC's in our area. I doubt the AK Steel site suddenly is shifting from logistics to DC. Port KC is still advancing MRT as of this month. Probably got Port KC incentives and this site mixd up

^Which site are you referring to?

earthling wrote: ↑Sun May 01, 2022 7:15 pm ^Which site are you referring to?

The one the photo and details are from

Why would they put computer servers in a floodplain?

Hmm, a curious puzzle. This refers to Shalerock LLC and 'industrial facility'. Shalerock is the Google shell LLC spun up for the KC data center.
https://kansascity.legistar.com/View.as ... 669841C516

Then found the image above that also referred to AK Steel site as a Google proposed site, maybe they're confused for data center use.
https://baxtel.com/data-center/google-k ... y-proposed

Previous articles mention Port KC plans an 'intermodal port' for AK Steel using Shalerock fees. If Shalerock is directly involved perhaps Google may be planning to become a tenant in some form if not a DC - in addition to the Hunt site.

edit: Or maybe Google plans to get involved with intermodal tech?
https://blog.orbcomm.com/with-smart-int ... y-reality/

Might be movement?

https://compasskc.kcmo.org/EnerGov_Prod ... =locations