Land Banks & Property Portfolios
Former plants and yards can anchor AI infrastructure.
Public land banks and private portfolios hold former plants, mills, yards and generating stations. We bring development capital to the sites we select and lead the development that carries them toward a data center or energy operator.
01 · Where it starts
The last use left infrastructure behind.The next use needs a development path.
A switchyard or a heavy electric service on the property is the record of the plant that ran there. Whether the site can carry a new project is answered by development work on its power, its approvals, its ground and its economics. Our proprietary data and our developers show us which former sites have a credible path, and the work that follows is ours.
02 · Who holds these sites
Who holds the site shapes how we work.
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Public land banks
A public site is decided in public.
Land banks, redevelopment authorities and economic development corporations choose a partner in the open, often by solicitation and vote, and answer to their communities for the choice. We bring a development path a board can weigh, and the work to carry it.
How we work with host towns -
Private portfolios
A private holder can exit, or keep a stake.
Corporate owners, funds, lenders and special servicers hold former plants and yards whose last use has ended, whether vacant, real estate owned or in workout. We can buy a selected site as principal, or develop it with a holder that keeps its stake, and take on the work between the asset and an operator.
How a joint venture with us works
03 · What a buyer will ask
The data center label comes after the questions.
Lenders, special servicers and asset managers can expect a serious buyer to ask these questions before it treats an industrial asset as a data center site.
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Power counts as service, not equipment.
A buyer asks what a new use could draw and from what date, and how far the work behind each answer has gone.
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Approval decides whether there is a project.
A buyer asks whether the use is permitted where the site sits and how the town regards it; the town's view can settle the question either way.
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The remaining work sets the path.
A buyer asks what the ground, the structures and the access will take to put right, and how long, because that work stands between the asset and its next use.
04 · What to have ready
Start with the records the site already has.
A first conversation can begin from the file as it stands, public or private: the title with any restriction tied to public funding or a past cleanup, any brownfield program the site has been through and any closure letter the state has issued, the agreements behind its electric service, and any demolition already scoped. A holder with several sites can bring them together, and we weigh each on its own path.
05 · Work with us
Bring us the site and its history.
Tell us who holds the site, where it is and what it was. The partner form takes public bodies and private holders alike.