Home Industries Real Estate Microsoft purchases more Mount Pleasant property

Microsoft purchases more Mount Pleasant property

Construction work on Microsoft's data center in Mount Pleasant.

Tech giant Microsoft has again increased its stock of land in Mount Pleasant, this time with a purchase of 73 acres for $12.7 million. The purchase brings Microsoft’s total land ownership in Mount Pleasant to approximately 1,620 acres. In the most recent acquisition, Microsoft paid $12.75 million for the mostly vacant farm land at 12734

Already a subscriber? Log in

To continue reading this article ...

Subscribe to BizTimes today and get immediate access to our Insider-only content and much more.

Learn More and Subscribe Now
Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
Tech giant Microsoft has again increased its stock of land in Mount Pleasant, this time with a purchase of 73 acres for $12.7 million. The purchase brings Microsoft's total land ownership in Mount Pleasant to approximately 1,620 acres. In the most recent acquisition, Microsoft paid $12.75 million for the mostly vacant farm land at 12734 Louis Sorenson Road, in Mount Pleasant, which is northwest of the site where the company is building the first phase of its data center campus. The seller was the Thomas A. Hribar Sr. Revocable Trust, according to state records. The land has an assessed value of $387,000, according to Racine County records. The company also bought one acre for $1.8 million at 12600 Louis Sorensen Road, which has an assessed value of $326,000. That property was sold by Sandra A. Kolbow Revocable Trust. In July, Microsoft purchased approximately 173 acres in the same area for $34 million, as well as 32 acres in May for $8.8 million. The company did not immediately respond to request for comment. [caption id="attachment_595498" align="aligncenter" width="1024"] Property in Mount Pleasant owned by Microsoft shown in red. Map made using Google My Maps[/caption] Earlier this year, Microsoft unveiled plans to build a $3.3 billion artificial intelligence data center in Mount Pleasant. This followed an announcement made in March of 2023, when Microsoft announced plans to build a $1 billion data center on a 315-acre site, which was part of the Foxconn development area in Mount Pleasant. Foxconn relinquished its development rights for the site in order for it to be sold by the village to Microsoft, for $50 million. Microsoft said it expected to have 200 employees in the first phase of its Mount Pleasant data center development. This phase of the data center is currently under construction. Then later in the year, Microsoft moved to significantly expand those plans. In November of 2023, after construction had already begun on the Microsoft data center, local officials announced that the company planned to purchase an additional 1,030 acres of land for the data center development. Details of Microsoft’s expanded plans weren’t disclosed, but village and county officials said Microsoft planned to invest “billions” of dollars over the next decade on buildings, support structures, systems and equipment. In December, Microsoft spent $176 million to buy the 1,030 acres from the village and a private landowner.

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
Exit mobile version