"While the city received several proposals from credible firms, San Jose Mayor Matt Mahan said Prologis' vision for the property leveraged the significant energy capacity coming online and could contribute to the artificial intelligence revolution. I was really hoping to see data centers but also advanced manufacturing and high-paying jobs of the future, Mahan said. I want us to continue to make things here in San Jose Prologis clearly offered the highest and best use of all the proposals."
"Within the 2,680 acres where the regional wastewater sits, the city has envisioned developing a portion of the buffer lands for economic purposes. The site is one of the largest undeveloped parcels left in Silicon Valley. The property included restrictions on what could be built, preventing odor-sensitive uses such as residential projects, hotels or motels, schools, hospitals, churches or event venues."
San Jose plans to negotiate with Prologis to develop a 159-acre economic site near the regional wastewater plant in North San Jose. Prologis proposed the Sustainable Technology, Engineering and Manufacturing (STEM) Park with four 99MW data centers totaling 1.68 million square feet and four advanced manufacturing buildings. The proposal leverages incoming energy capacity and targets artificial intelligence and advanced manufacturing uses. The parcel is among the largest undeveloped in Silicon Valley and carries restrictions that prohibit odor-sensitive uses such as residences, hotels, schools, hospitals, churches and event venues. The city issued a request for qualifications to solicit developers.
Read at www.mercurynews.com
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