Microsoft buys hundreds of acres for $1B Catawba County project

Charlotte Business Journal
·1 min read
11

Since announcing a $1 billion investment in November for new data centers in Catawba County, real estate records show Microsoft Corp. has bought hundreds of acres there.

According to deeds filed with the county, Microsoft has acquired over 440 acres in Catawba County since last month. The land, which includes parcels throughout the county at the announced sites of Microsoft’s operations, was purchased for a total of nearly $18.6 million. Based on the announced acreages for the sites included in the $1 billion Microsoft project, the company still has several hundred acres left to acquire.

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County real estate records show Microsoft has acquired an approximately 160-acre site off Hickory Lincolnton Highway, and west of Highway 321, for nearly $6.5 million. The company also bought a nearly 16-acre site off Tate Boulevard for $836,000, real estate records show. Those were the announced sites of Projects Pine and Star, which called for a $365 million investment as part of Microsoft’s overall plans in the county.

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