Development Readiness · Praetorian Park

Advancing Toward VEDP Tier 4

Praetorian Park is approaching VEDP Tier 4 readiness. Substantial diligence and planning work has been advanced, while pad-specific borings, final grading, utility coordination and construction, site-activation sequencing, and other project-specific work remain. Tier 5 shovel-ready status is the target—not the current condition.

Active
Phase 1 power
Utility planning underway
Confirmed zoning
Zoning confirmed
Industrial and data uses by right
In Progress
Phase I ESA
Phase II only if recommended
Approaching
VEDP Tier 4
Tier 5 shovel-ready is the target
Readiness Scorecard

Where the Site Stands Today

Development readiness is tracked by status so partners can distinguish confirmed work, active diligence, and future planning.

Land & Ownership
Complete
Zoning & Entitlements
Complete
Phase I Environmental Review
In Progress
Phase 1 Power
Active
Fiber Access
Active
Road & Site Access
Complete
Phase 2 Power
Planned
Long-Term Buildout Potential (5+ GW)
Potential
Confirmed / Active / Planned In Progress Phased
Phase 1 Checklist
  • Single-owner site assembly
    4,041 contiguous acres · no parcel fragmentation
  • Confirmed zoning zoning confirmed
    Industrial and data uses permitted by right · City of Chesapeake
  • Phase I environmental review in progress
    Phase II will be considered only if Phase I findings recommend it
  • Phase 1 power planning active
    Utility coordination and capacity diligence underway; no substation exists on site today
  • Fiber provider pathway identified; carriers, routes, agreements, and timing require confirmation
    Zayo · Lumen · Crown Castle · Comcast Enterprise
  • Floodplain mapping available for diligence review
    Buildable areas and elevations require project-specific confirmation
  • Regional access associated with US-17 and Ballahack Road
    Heavy-haul routes, load limits, entrances, and permits require confirmation
  • Water and sewer extension engineering documented
    City-engineered extensions are planned; construction and commitments remain future steps
  • Phase 2 power planning
    Planned; scope and schedule will follow Phase 1 requirements
  • On-site generation feasibility
    Gas / SMR / renewable hybrid · study phase
Phased Development

A Phased Path to 5+ GW Potential

Praetorian Park is planned for phased growth as a green mixed-use employment campus. Power, utilities, access, and site improvements will be sequenced with tenant demand.

Phase 1
Active Planning
Active
power planning
Readiness100%
Confirmed zoning zoning is confirmed for industrial and data uses by right. Phase 1 power coordination and Phase I environmental review are active. No on-site substation exists today.
ActiveUtility Planning
Phase 2
Expansion
Planned
Phase 2
Readiness~70%
Phase 2 is planned. Its capacity, facilities, route, agreements, and schedule will be defined as Phase 1 requirements and tenant demand mature.
In ProgressOn-Site ROW
Full Buildout
Mixed-Use Campus
5+
GW potential
ReadinessPhased
Long-term buildout potential across a green campus designed to support advanced manufacturing, industrial, technology, entertainment, data, and compatible mixed uses. Infrastructure remains phased and subject to engineering and approvals.
Long-TermGeneration Optionality

Infrastructure will follow phased demand

Phase 1 is the active planning priority. Phase 2 is planned and will be advanced when supported by Phase 1 requirements, tenant demand, engineering, and utility coordination.

Path to Operations

Indicative Development Schedule

Representative timeline from NDA to energization for a Phase 1 deployment. Actual schedule depends on operator configuration and build-out scope.

Month 0
NDA & LOI
Due diligence package released
Month 1–3
Due Diligence
Technical, legal, environmental review
Month 3–6
PSA & Closing
Purchase / ground lease execution
Month 6–12
Site Plan & Permits
City of Chesapeake fast-track review
Month 12–18
Construction
Civil, structural, MEP, and planned electrical infrastructure
Month 18–24
Energization
First power delivery · go-live
Workstreams Already Advanced
  • By-right zoning for industrial and data uses
    A discretionary rezoning vote is not required for allowed uses; other approvals remain
  • Power coordination in progress
    Power availability and delivery timing remain subject to Dominion Energy planning and approvals
  • Environmental diligence underway
    Phase I ESA in progress; Phase II only if recommended
  • Single-owner land position
    Single owner · 4,041 contiguous acres
Operator Advantages
  • Flexible parcel configuration
    50-acre campus pods to 1,000+ acre single-tenant
  • Fiber pathway under evaluation
    Carrier selection and route diversity require provider confirmation
  • Potential project-specific Virginia incentives
    Eligibility must be confirmed with legal and tax advisors
  • Potential transaction structures subject to owner agreement
    Transaction terms are negotiable and not represented as committed
Due Diligence

Available for Diligence Review

Available technical and legal materials may be reviewed by qualified parties under NDA.

Land & Legal
  • · Title report & ownership chain
  • · Survey & metes & bounds
  • · Deed restrictions review
  • · Easements mapping
  • · Zoning confirmation letter
Infrastructure
  • · Power capacity diligence
  • · Phase 1 power planning materials
  • · Available fiber planning materials
  • · Water and sewer extension engineering materials
  • · Available access and transportation materials
Environmental
  • · Phase I ESA report
  • · Phase II ESA, if recommended
  • · Wetlands delineation
  • · Available floodplain mapping
  • · FEMA FIRM map extract
Image Slot
Phase 1 site plan / layout diagram
Buildable areas · planned utility concepts · access roads · parcel boundary

Start Your Due Diligence Today

Qualified parties may request an NDA and data-room access for detailed review.

Contact Praetorian Park Download Readiness Summary