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Introduction of Ordinance Authorizing the Interim City Manager to Execute a Fifteen-Year Lease with Two Five-Year Options to Extend, Substantially in the Form of the Attached, with Nautilus Data Technologies, Inc., a Delaware Corporation, for Building 530, an 82,251-Square Foot Building Located at 120 West Oriskany Avenue, and the Adjacent Building 529, a 3,200-Square Foot Building, and Building 600, a 343-Square Foot Building, at Alameda Point. (Base Reuse 819099)
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To: Honorable Mayor and Members of the City Council
From: Amy Wooldridge, Interim City Manager
EXECUTIVE SUMMARY
Nautilus Data Technologies uses innovative water cooling technology to operate data centers that reduce the cost of computing, cut power usage, eliminate water consumption, decrease air pollution, and lower greenhouse gas emissions. This action will authorize the Interim City Manager to execute a fifteen-year lease with two five-year options with Nautilus Data Technologies, Inc, a Delaware corporation, for the development of a water-cooled data storage facility in Building 530, Building 529, and Building 600 at Alameda Point. The project includes $6 million in building improvements and an investment in infrastructure that will result in millions of dollars in electrical system improvements, water intake/discharge and recirculation systems, and high performance internet fiber and connections.
BACKGROUND
Nautilus Data Technologies has been interested in developing a data storage facility at Alameda Point for approximately two years. Initially, Nautilus was interested in locating its water-cooled data storage system on a barge at the piers, a technology it is currently piloting at the Port of Stockton. However, after touring Alameda Point and seeing building 530 with its proximity to the water, its lack of windows, and privacy, the company thought the building would be ideal for a land-based, water-cooled data storage facility. Exhibit 1 is a map of the premises.
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