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Developers of Project Cardinal data center in Yorkville ask for 18-month extension to purchase land · Kendall County News - Shaw Local

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  Speaker 1: Developers of Project Cardinal Data Center in Yorkville asks for
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  Speaker 1: eighteen month extension to purchase land. Written by Joey Weslow,
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  Speaker 1: This article is being read by an automated voice brought
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  Speaker 1: to you by Everlett. The developers of the one thousand
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  Speaker 1: and thirty four acre fourteen warehouse project Cardinal Data Center
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  Speaker 1: Campus in Yorkville have asked the city for an extension
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  Speaker 1: in acquiring the titles for the subject property, citing unforeseen circumstances.
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  Speaker 1: The original deadline for the developer to acquire all parcels
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  Speaker 1: of the project to keep all the city's agreements activated
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  Speaker 1: is July first. The developers have requested the City Council
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  Speaker 1: approven extension to December thirty first, twenty twenty seven. This
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  Speaker 1: city is hosting a public hearing for the annexation Agreement
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  Speaker 1: amendment during the June ninth City Council meeting. If the
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  Speaker 1: city approves the extension, the developer, Matt McCarran and Pioneer
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  Speaker 1: Development LLC would have additional time to acquire all the
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  Speaker 1: parcels necessary for the project. However, if the developer cannot
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  Speaker 1: meet that extension date, then the annexation agreement green lighting
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  Speaker 1: the whole project would become null and void if such
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  Speaker 1: notice was not received. According to city documents, this would
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  Speaker 1: put the entire project at risk of ever being built.
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  Speaker 1: When reached for comment, City administrator bart Olson said, the
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  Speaker 1: developers have not told the city which parcels they have
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  Speaker 1: yet to acquire or why they are having difficulty their applications.
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  Speaker 1: Simply request the extension, and they've consented to the language
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  Speaker 1: in the draft agreement which just states it is due
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  Speaker 1: to unforeseen circumstances, Olsen said in an email. Shaw Local
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  Speaker 1: News has reached out to McCarran for comment. While the
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  Speaker 1: one thousand and thirty four acre site consists of several properties,
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  Speaker 1: the annexation agreement specifically pertained to seven individual farmland parcels
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  Speaker 1: stretched across a total of three hundred and five acres.
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  Speaker 1: If the developers do not meet the new deadline, in
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  Speaker 1: addition to the annexation agreement, both the planned unit development,
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  Speaker 1: the Utility and Infrastructure Agreement, and the Development Agreement would
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  Speaker 1: be null and void. According to city documents. The development
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  Speaker 1: agreement was key to the project's near unanimous approval by
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  Speaker 1: side City Council, as it contained a fifty one million
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  Speaker 1: dollars upfront offer to be paid over the next four years,
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  Speaker 1: contingent on the developers closing on the property. Project Cardinals
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  Speaker 1: fifty one million dollars was bundled with a development agreement
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  Speaker 1: of forty million dollars by the developers of the five
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  Speaker 1: hundred forty acre Project Steel data center. The city and
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  Speaker 1: developers of both Project Cardinal and Project Steel have since
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  Speaker 1: been sued by residents forming a community based organization, Preserve
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  Speaker 1: out Yorkville and Community LLC, who argue the city failed
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  Speaker 1: to properly notify area resids evidence. The lawsuits also argue
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  Speaker 1: the sound, traffic, environmental and property values studies were not
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  Speaker 1: comprehensive in taking into account the lengthy period of construction
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  Speaker 1: and the close proximity of the other data center projects
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  Speaker 1: approved by the city. City addressing water usage, the city
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  Speaker 1: is also seeking to codify a memorandum of understanding regarding
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  Speaker 1: water usage penalties that will be imposed by the city
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  Speaker 1: if the data center exceeds approved limits. The city is
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  Speaker 1: looking to impose penalties if Project Cardinal exceeds seventy one
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  Speaker 1: four hundred gallons of water on any particular day, or
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  Speaker 1: if it exceeds an average of forty two thousand gallons
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  Speaker 1: per day across an entire billing cycle. If the data
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  Speaker 1: center exceeds the daily limits on any day, or exceeds
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  Speaker 1: the set limits for average daily usage across an entire
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  Speaker 1: billing cycle, the city will impose a penalty until compliance
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  Speaker 1: is met, according to city documents. During an April City
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  Speaker 1: Council meeting, Mayor John Purcell said there's no more appetite
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  Speaker 1: from the City Council for data center proposals outside of
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  Speaker 1: what's already been approved. The city was at one point
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  Speaker 1: entertaining about a dozen different data center proposals stretched out
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  Speaker 1: across more than three thousand acres of the El Domain
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  Speaker 1: Corridor for Yorkville's own data center alley. The city already
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  Speaker 1: has approved the two hundred and twenty eight acres Cyrus
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  Speaker 1: one Data Center, the Project Cardinal Data Center, and the
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  Speaker 1: five hundred and forty acre Project Steel Data Center,