[cootsnuck]

Yea, I wonder the same. Something I've been wanting to read up on is how the land ownership works with these data center deals.

Because developers promising massive projects to scoop up a bunch of land, do little to nothing with it, sit on it for awhile, and then eventually just sell it for a profit...that's not a new thing at all and isn't unique to the tech industry.

I wouldn't be surprised if a not-so-insignificant part of all of this winds up being just banking land that you got zoning, entitlements, and maybe some utility infra stuff setup for.

That may also explain some of the kind of puzzling cloak and dagger behavior with so many of these data center initiatives in local communities. If you truly think you're about to build something that is going to "imminently transform the way we do everything" and become some kind of $X trillion dollar industry, I'd imagine you'd be showing up with better "gifts" to ensure quick frictionless approval. But if they're more so viewing project proposals as speculative investments for control of land that is hopefully desirable to a bunch of tech firms (whether that's now or years from now), then keeping costs low and details vague early on makes more sense.

[cratermoon]

It's absolutely likely that this Stratos project is a way to lock up land for future development. From Ogden to Provo there are really only two places to expand. West along I-80 a bit into the Oquirrh Mountains, but that runs into the salt flats and DoD land, or NW along I-84 into - you guessed it - Box Elder county. And for those calling it a wasteland, it’s easy to justify turning it into suburbs much like the suburbs of LA. Provided you can get water rights. Proposing an AI hyperscale data center to scoop up money and water for the entire area is the perfect scheme for a pivot to development.

[tptacek]

What does "absolutely likely" mean?