Data and Technology
ACTIVELY RECRUITING DATA AND TECHNOLOGY TENANTS
Data and Technology Assets
- 100% hydroelectric power on site
- Access to five additional hydroelectric power plants through the power grid
- 115kV ring bus fed bulk substation
Site Description
- Existing Infrastructure
- Approximately 200 acres of brownfield and 1,200 acres of greenfield
- 126 MW of low-cost, renewable hydropower
- Connection to Maine’s 3-ring binder broadband network
- On-site access to NBM Railways
Workforce Development Capacity
- Katahdin Higher Education Center (KHEC) to tailor specific workforce development programs. KHEC is an off-campus site of Eastern Maine Community Center and the University of Maine system
- Maine Department of Labor: On-the-job Training Funds
Incentives
- Pine Tree Development Zone (PTZ) – Tier 1 location and eligible industry sector
- Business Equipment Tax Exemption (BETE)
- Opportunity Zone (OZ)
- Municipal Tax Increment Financing (TIF)
- New Market Tax Credit (NMTC) – Our team can navigate NMTC financing for the overall development costs of a mass timber manufacturing facility. Example: $45M investment would create a $9M-$11M subsidy for the project
- Employment Tax Increment Financing (ETIF)
For more information or to schedule a tour of the site, please contact info@onenorth.net.