ConocoPhillips expects to occupy more than half of its planned, 2.5 million-square-foot renewable energy facility at the old StorageTek site in Louisville by 2013, according to plans recently submitted to the city. The initial phase will include roughly 1.6 million square feet of office, research and retail space plus a hotel to be used only by those with business at the facility. The plan also said that over the next 20 years, the city of Louisville will gain $14.7 million, over its service costs, from the campus in property, sales and use taxes as well as other charges. Louisville stands to get an additional $10.2 million alone for its operating fund. The energy company recently finished demolishing the buildings there and plans to buy an additional 30 acres by the end of 2009. It expects to occupy the project’s first phase in 2013, and subsequent phases in 2018 and 2032. The company has said in the past that as many as 7,000 people could be working at the campus by 2030.
http://denver.bizjournals.com/denver/stories/2009/11/23/daily52.html?s=industry&i=commercial_real_estate
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