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Data center could be built on Summit, tax incentive to be considered

Posted at 4:01 pm June 4, 2020
By John Huotari Leave a Comment

This building of about 30,000 square feet on Pine Ridge, also known as The Summit, was once used to store documents for the Y-12 National Security Complex. It could now be used for a data center. The Summit is on Pine Ridge along South Illinois Avenue between Scarboro Road/Lafayette Drive and Centrifuge Way. It’s pictured above on Wednesday, Aug. 15, 2018. (File photo by John Huotari/Oak Ridge Today)

A data center could be built in an existing building on Pine Ridge, also known as The Summit, off South Illinois Avenue in Oak Ridge.

The project has been proposed by GIGA Data Centers of Atlanta.

The data center would be in the building on The Summit that was once used by the Y-12 National Security Complex to store documents. The building, which is about 30,000 square feet, would be retrofitted.

[Read more…]

Filed Under: Business, Business, Front Page News, Government, Oak Ridge, Oak Ridge, Slider, Top Stories Tagged With: data center, GIGA Data Centers, Oak Ridge Industrial Development Board, payment in lieu of taxes, PILOT, The Summit

Pine Ridge building, property under contract; rest of Summit for sale for $3.5 million

Posted at 11:41 am August 24, 2018
By John Huotari Leave a Comment

A large ridge top tract of land that features panoramic views and was once proposed as the site of a Target retail development is now for sale. The land, which is also known as The Summit, is on Pine Ridge along South Illinois Avenue between Scarboro Road/Lafayette Drive and Centrifuge Way. It's pictured above on Wednesday, Aug. 15, 2018. (Photo by John Huotari/Oak Ridge Today)

A large ridge top tract of land that features panoramic views and was once proposed as the site of a Target retail development is now for sale. The land, which is also known as The Summit, is on Pine Ridge along South Illinois Avenue between Scarboro Road/Lafayette Drive and Centrifuge Way. A 30,000-square-foot building on the property is pictured above on Wednesday, Aug. 15, 2018. (Photo by John Huotari/Oak Ridge Today)

 

A building that is about 30,000 square feet and was once used to store documents on Pine Ridge for the Y-12 National Security Complex is under contract and in “due diligence,” according to an executive involved in the potential sale.

Also under contract is about 15 acres on Pine Ridge, also known as The Summit, a large piece of property that offers panoramic views from a ridge top above South Illinois Avenue in south Oak Ridge.

Noah Myers, principal broker with CornerStone Realty, said he hopes there is a closing on the building and land purchase this fall.

Separate from that potential purchase, there is about 85 acres of open land on Pine Ridge that is for sale for $3.5 million. It’s a mix of office and industrial property, Myers said. Utilities are in place, including roads, electricity, water, and sewer. [Read more…]

Filed Under: Business, Business, Front Page News, Oak Ridge, Slider Tagged With: CornerStone Realty, Noah Myers, Pine Ridge, The Summit, TNBank, Tom Tuck

For sale: Pine Ridge property with panoramic views

Posted at 3:58 pm August 16, 2018
By John Huotari Leave a Comment

A large ridge top tract of land that features panoramic views and was once proposed as the site of a Target retail development is now for sale. The land, which is also known as The Summit, is on Pine Ridge along South Illinois Avenue between Scarboro Road/Lafayette Drive and Centrifuge Way. It's pictured above on Wednesday, Aug. 15, 2018. (Photo by John Huotari/Oak Ridge Today)

A large ridge top tract of land that features panoramic views and was once proposed as the site of a Target retail development is now for sale. The land, which is also known as The Summit, is on Pine Ridge along South Illinois Avenue between Scarboro Road/Lafayette Drive and Centrifuge Way. It’s pictured above on Wednesday, Aug. 15, 2018. (Photo by John Huotari/Oak Ridge Today)

 

A large ridge top tract of land that features panoramic views and was once proposed as the site of a Target retail development is now for sale.

It’s not clear how the property, which was cleared and graded more than a decade ago, might be used. There have been inquiries about multi-family apartments, single-family homes, and industrial uses, said Tom Tuck of TNBANK, which is based in Oak Ridge and now owns the property.

The land, which is also known as The Summit, is on Pine Ridge along South Illinois Avenue between Scarboro Road/Lafayette Drive and Centrifuge Way. It’s on the ridge top on the right side of the road as you head up the hill toward Centrifuge Way leaving Oak Ridge and driving to Knox County.

TNBANK foreclosed on the property in February. The previous owner was Revis Family LLC, according to Anderson County property records. [Read more…]

Filed Under: Business, Business, Front Page News, Oak Ridge, Slider Tagged With: CornerStone Realty Associates LLC, Pine Ridge, Pine Ridge property, Revis Family LLC, Scientific and Technical Resources, South Illinois Avenue, The Summit, TNBank, Tom Tuck

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Classifieds

Availability of the draft environmental assessment for off-site depleted uranium manufacturing (DOE/EA-2252)

The U.S. Department of Energy (DOE) National Nuclear Security Administration (NNSA) announces the … [Read More...]

Public Notice: NNSA announces no significant impact of Y-12 Development Organization operations at Horizon Center

AVAILABILITY OF THE FINAL ENVIRONMENTAL ASSESSMENT FOR THE OFFSITE HOUSING OF THE Y-12 DEVELOPMENT … [Read More...]

ADFAC seeks contractors for five homes

Aid to Distressed Families of Appalachian Counties (ADFAC) is a non-profit community based agency, … [Read More...]

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