Skip to content
CARTIS
← Return to profile

Cartis diligence evidence schedule

Monticello Tech Technology Campus

PRJ-0573 · Site · Monticello Orderly Annexation Area, Minnesota, United States

Record last updated Oct 28, 2026

Scope and capacity

Monticello Tech proposes an approximately 547–550-acre technology campus with two to three million square feet of gross floor area. A second application package arrived August 3, 2026 and the city is still deciding whether it is complete.

Headline: Not established in published records

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Claims and exhibit sources

Jump to a claim (18)

Current application status · Second submission under completeness review

Actual · Monticello Tech Technology Campus (Project)

Claim 50852 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Monticello Tech

    City of Monticello · Document date: Not stated · Primary

    Source reference: SRC-2755 · Government record · Recorded authority: Official primary

    Source URL

    https://monticellomn.gov/753/Monticello-Tech

Initial application incomplete · 2026-07-20

Permitted · Monticello Tech Technology Campus (Project)

Claim 50853 · Recorded claim type: Permitted · Review: Approved · Claim date: Not stated

  1. Monticello Tech

    City of Monticello · Document date: Not stated · Primary

    Source reference: SRC-2755 · Government record · Recorded authority: Official primary

    Source URL

    https://monticellomn.gov/753/Monticello-Tech

Public hearing status · Not scheduled

Actual · Monticello Tech Technology Campus (Project)

Claim 50854 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Monticello Tech

    City of Monticello · Document date: Not stated · Primary

    Source reference: SRC-2755 · Government record · Recorded authority: Official primary

    Source URL

    https://monticellomn.gov/753/Monticello-Tech

Site area city summary · 550 acres

Reported rounded · Monticello Tech Technology Campus (Project)

Claim 50855 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Not stated

  1. Monticello Tech

    City of Monticello · Document date: Not stated · Primary

    Source reference: SRC-2755 · Government record · Recorded authority: Official primary

    Source URL

    https://monticellomn.gov/753/Monticello-Tech

Gross floor area city summary · 3,000,000 square feet

Reported rounded · Monticello Tech Technology Campus (Project)

Claim 50858 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Not stated

  1. Monticello Tech

    City of Monticello · Document date: Not stated · Primary

    Source reference: SRC-2755 · Government record · Recorded authority: Official primary

    Source URL

    https://monticellomn.gov/753/Monticello-Tech

Gross floor area range · 2,000,000–3,000,000 square feet

Reported rounded · Monticello Tech Technology Campus (Project)

Claim 50859 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Aug 3, 2026

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

Building count range · 5–10 principal buildings

Proposal · Monticello Tech Technology Campus (Project)

Claim 50860 · Recorded claim type: Proposal · Review: Approved · Claim date: Aug 3, 2026

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

Final auar status · Adopted 2026-01-26

Actual · Monticello Tech Technology Campus (Project)

Claim 50862 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Monticello Tech

    City of Monticello · Document date: Not stated · Primary

    Source reference: SRC-2755 · Government record · Recorded authority: Official primary

    Source URL

    https://monticellomn.gov/753/Monticello-Tech

Dcpud ordinance status · Adopted 2026-04-27

Actual · Monticello Tech Technology Campus (Project)

Claim 50863 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. City of Monticello Ordinance 865

    City of Monticello · Document date: Apr 27, 2026 · Corroborating

    Source reference: SRC-2758 · Regulatory record · Recorded authority: Official primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9326

  2. Data Centers

    City of Monticello · Document date: Not stated · Primary

    Source reference: SRC-2756 · Government record · Recorded authority: Official primary

    Source URL

    https://monticellomn.gov/728/Data-Centers

Electric service voltage · 345 kV

Proposal · Monticello Tech Technology Campus (Project)

Claim 50864 · Recorded claim type: Proposal · Review: Approved · Claim date: Aug 3, 2026

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

System impact study · Completed; service feasible subject to upgrades

Proposal · Monticello Tech Technology Campus (Project)

Claim 50865 · Recorded claim type: Proposal · Review: Approved · Claim date: Not stated

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

Cooling method · Dry cooled

Proposal · Monticello Tech Technology Campus (Project)

Claim 50867 · Recorded claim type: Proposal · Review: Approved · Claim date: Aug 3, 2026

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

Average water demand · 75,000 gallons per day

Reported rounded · Monticello Tech Technology Campus (Project)

Claim 50868 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Aug 3, 2026

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

Wastewater discharge · 75,000 gallons per day

Reported rounded · Monticello Tech Technology Campus (Project)

Claim 50869 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Aug 3, 2026

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

Construction start target · Q1 2028

Proposal · Monticello Tech Technology Campus (Project)

Claim 50870 · Recorded claim type: Proposal · Review: Approved · Claim date: Aug 3, 2026

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

Construction completion target · Q4 2030

Proposal · Monticello Tech Technology Campus (Project)

Claim 50871 · Recorded claim type: Proposal · Review: Approved · Claim date: Aug 3, 2026

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

Project investment estimate · $>1B

Reported rounded · Monticello Tech Technology Campus (Project)

Claim 50873 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Aug 3, 2026

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

Future site plan required · Yes

Forecast · Monticello Tech Technology Campus (Project)

Claim 50876 · Recorded claim type: Forecast · Review: Approved · Claim date: Not stated

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: Aug 3, 2026 · Primary

    Source reference: SRC-2757 · Government record · Recorded authority: Party primary

    Source URL

    https://monticellomn.gov/DocumentCenter/View/9652/2026-0803_Monticello-DCPUD_Project-Narrative_V2-PDF

Counterparties and capital

City of Monticello · Government authority · CMP-1329

Kimley-Horn and Associates, Inc. · Contractor · CMP-1330

Monticello Tech, LLC · Developer · CMP-1328

Xcel Energy · Utility provider · CMP-0437

Investment commitment

Amount not disclosed · Aug 3, 2026

Applicant describes a $1B-plus development; no committed financing, lender or spend-to-date is verified. Source wording: more than USD 1 billion.

Monticello Tech, LLC (Sponsor)

Sources (1)

Financing record 157; claim-specific source links appear in the exhibit sources where published.

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.