OPPORTUNITY SUMMARY: 22 AC of raw land with Heavy Industrial Zoning in Hermitage, PA. Scalable robust power capacity makes this an ideal development site for heavy manufacturing, regional distribution center or data center.
POWER: A Transmission Load Study has been completed by highly supportive Utility, FirstEnergy (Penn Electric), with approvals for 150 MW of power capacity and the ability for future expansion. The site is adjacent to a FirstEnergy substation to the north with a high-voltage hand-off of 138 KV. FirstEnergy is available to begin interconnection work upon remittance of deposit and is open financing this work. The Utility is not demanding any capacity requirements or must-takes, therefore the electrical infrastructure build can be phased-in [e.g., (3)-50 MW transformers]. Estimated power cost is $0.045 KWH, with contracted power capacity directly impacting pricing. Curtailment programs are available. Note: PA is deregulated state therefore power blocks can be purchased on open market.
CONCURRENT TIMELINE ESTIMATE: Zoning & Permitting // ±3 months. Utility Interconnection // ±18-21 months. Earthwork & Electrical Infrastructure // ±12 months. Craning, Racking & Stacking, Electrification // ±2 months. Total Timeline // ±20-24 months.
DEAL STRUCTURE CONSTRUCTS: Disposition // Land Lease // Built-To-Suite // Joint Venture