Skip to content
← Return to profile

Cartis diligence evidence schedule

Monticello Tech Technology Campus

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

Captured 2026-09-06T04:12:18.289Z · Record last updated 2026-08-26

SHA-256: 434d5461faf974d2f7bdcff5491bf1b6131892190da8d0bcb23f5b45e9d36a79

Save a diligence baseline

Download the public evidence as it appears now. Compare a previously saved snapshot to see added, removed and changed claims, counterparties, financing and milestones. Files are read in this browser and are not uploaded.

The fingerprint detects file changes; it is not a digital signature or a claim of independently verified authenticity. Keep your downloaded copy with the transaction file.

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:

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

Current Application Status · Second submission under completeness review

actual · Monticello Tech Technology Campus (project)

Claim 50852 · Review: Approved · Claim date: Not published

  1. Monticello Tech

    City of Monticello · Document date: Not published · Primary

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

Initial Application Incomplete · 2026-07-20

permitted · Monticello Tech Technology Campus (project)

Claim 50853 · Review: Approved · Claim date: Not published

  1. Monticello Tech

    City of Monticello · Document date: Not published · Primary

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

Public Hearing Status · Not scheduled

actual · Monticello Tech Technology Campus (project)

Claim 50854 · Review: Approved · Claim date: Not published

  1. Monticello Tech

    City of Monticello · Document date: Not published · Primary

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

Site Area City Summary · 550 acres

reported rounded · Monticello Tech Technology Campus (project)

Claim 50855 · Review: Approved · Claim date: Not published

  1. Monticello Tech

    City of Monticello · Document date: Not published · Primary

    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 · Review: Approved · Claim date: Not published

  1. Monticello Tech

    City of Monticello · Document date: Not published · Primary

    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 · Review: Approved · Claim date: 2026-08-03T00:00:00+00:00

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

    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 · Review: Approved · Claim date: 2026-08-03T00:00:00+00:00

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

    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 · Review: Approved · Claim date: Not published

  1. Monticello Tech

    City of Monticello · Document date: Not published · Primary

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

Dcpud Ordinance Status · Adopted 2026-04-27

actual · Monticello Tech Technology Campus (project)

Claim 50863 · Review: Approved · Claim date: Not published

  1. City of Monticello Ordinance 865

    City of Monticello · Document date: 2026-04-27 · Corroborating

    https://monticellomn.gov/DocumentCenter/View/9326
  2. Data Centers

    City of Monticello · Document date: Not published · Primary

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

Electric Service Voltage · 345 kV

proposal · Monticello Tech Technology Campus (project)

Claim 50864 · Review: Approved · Claim date: 2026-08-03T00:00:00+00:00

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

    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 · Review: Approved · Claim date: Not published

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

    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 · Review: Approved · Claim date: 2026-08-03T00:00:00+00:00

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

    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 · Review: Approved · Claim date: 2026-08-03T00:00:00+00:00

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

    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 · Review: Approved · Claim date: 2026-08-03T00:00:00+00:00

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

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

Construction Start Target · Q1 2028

Planned / design or future potential · Monticello Tech Technology Campus (project)

Claim 50870 · Review: Approved · Claim date: 2026-08-03T00:00:00+00:00

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

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

Construction Completion Target · Q4 2030

Planned / design or future potential · Monticello Tech Technology Campus (project)

Claim 50871 · Review: Approved · Claim date: 2026-08-03T00:00:00+00:00

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

    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 · Review: Approved · Claim date: 2026-08-03T00:00:00+00:00

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

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

Future Site Plan Required · Yes

Planned / design or future potential · Monticello Tech Technology Campus (project)

Claim 50876 · Review: Approved · Claim date: Not published

  1. Monticello Tech DCPUD Permit Application Narrative V2

    Monticello Tech / Kimley-Horn · Document date: 2026-08-03 · Primary

    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 · 2026-08-03

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)

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. Downloaded snapshots are retained by you; Cartis does not archive them automatically.