San Angelo City Council exited closed session and addressed the sale of over 350 acres of city owned land to Sky Box Data Centers LLC. Council approved City Manager Daniel Valenzuela's completing a letter of intent to sell that land for the specified price of $50,000 per acre.
In January Council approved item "AI" in close proximity to President Trump & OpenAI announcing the giant "Stargate AI" project and corresponding investment. I wondered if Stargate was headed here.
It may or may not be Stargate AI but Council approved the intent to sell 350 acres to Skybox Data Centers for $17.5 million. Skybox helps "clients curate their best data center solution."
There's more to come given these projects need infrastructure, possibly city funded, and are only feasible with sizeable tax abatements. Chamber of Commerce Vice President Michael Looney thanked Council today for approving the item. He knows client expectations better than anyone and someday a few of those will be shared (the ones requiring public funding). Stay tuned.
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