Tract, a new developer of master-planned data center parks, has acquired a large plot of land in Nevada.
The company this week announced its recent acquisition of more than 2,200 acres of land inside the Tahoe-Reno Industrial Center (TRI) in Storey County.
The total acreage is comprised of two areas commonly referred to as the Peru Shelf and South Valley. In addition to the land, Tract also controls over 1,100 acre-feet of water rights and has commitments from NV Energy to deliver over two gigawatts of power, beginning in 2026.
“We appreciate the relationships we have built with NV Energy, Storey County, TRI, and the State of Nevada. We look forward to building on those partnerships for decades to come,” said Grant van Rooyen, CEO of Tract.
“Our customers are facing challenges resulting from their rapid growth. We believe our master-planned, shovel-ready campuses will allow them to leverage our investments to gain the speed and certainty that they prioritize.”
Colorado-based Tract describes itself as a company that acquires, zones, entitles, and develops master-planned data center parks to provide data center end users. The company says it has real estate holdings throughout the United States.
“We have been working with Tract for nearly a year now and are excited to partner with them on these projects,” explained NV Energy President and CEO Doug Cannon. “These data center parks will be some of the biggest consumers of energy on our system. Tract’s approach of long-range planning allows us to engage and collaborate early to ensure reliable, affordable, and sustainable power will be delivered.”
Tract was advised by L. Lance Gilman Commercial Real Estate.
“We look forward to working with Tract on their future plans for northern Nevada and welcome them to the state,” said Governor Joe Lombardo. “As the Nevada economy continues to diversify, technology companies will be a key component of our growth.”
Tract is led by Grant van Rooyen, president of the van Rooyen Group. News of the company surfaced last year – at the time the company had reportedly identified 40,000 acres of potential investment sites, including prospective sites in Eagle Mountain in Utah, and Reno in Nevada.
US data center firm Cologix was founded by the van Rooyen Group and ColCap in 2010. Stonepeak Infrastructure Partners acquired a majority stake in the company in 2017.
Update: the Reno Gazette Journal notes Tract acquired the land from Blockchain LLC.
Blockchain had planned a 5,000-acre blockchain-powered smart city/innovation zone that would house 35,000 people. After acquiring the land in 2018, the plans were dropped around 2021.