A little less than six years after the city of Pendleton extended Airport Road to attract business, the city may be ready to sign its first one to a lease.
According to a report written by Economic Development Director Steve Chrisman to the city council for its Tuesday meeting, staff needs council approval to finalize a 30-year lease with Makad Corp. to build a $45 million colocation data center on nearly 12 acres on Airport Road halfway between Northwest 56th Street and Stage Gulch Road.
Chrisman wrote that the data center could generate as much as 45 jobs and is a good fit for the industrial park.
Chrisman wrote the city could receive $295,970 in tax revenue in the next 25-27 years, plus $826,612 over 28 years through rental fees, not including the CPI increases.
Read more at the East Oregonian.