06/11/2026
THE CITY TRANSFERRED 464 ACRES FOR $200. WHO PROFITS IF IT'S SOLD FOR MILLIONS?
What if the biggest winner in this entire data center project isn't the City...
Isn't the taxpayers...
And isn't even the new developer...
What if it's the company that received 464 acres from the City for $200?
Let's talk about it.
The City transferred approximately:
• 72 acres to SSDC1 for $100
• 392 acres to SSDC1 for $100
That's 464 acres total.
According to the deeds and invoice sent by the City, the stated consideration was $200 combined.
Now fast forward to today.
We have learned that CyrusOne, one of the largest data center developers in the world, may be taking over the project from MSB/SSDC1.
And that raises a very important question:
What happens if the project is sold?
At:
• $5,000 per acre = $2.32 million
• $10,000 per acre = $4.64 million
• $20,000 per acre = $9.28 million
If a project assembled with public land, public resources, public incentives, and years of taxpayer-funded effort becomes worth millions of dollars, who gets the benefit?
Because taxpayers have already paid for city staff time, legal fees, consultants, roads, water lines, sewer lines, engineering, infrastructure planning, economic development efforts and ongoing litigation.
Yet if this project changes hands for millions of dollars...
Who gets the check?
The taxpayers?
Or the private company?
And perhaps the most important question of all....
Did the City negotiate any protections to ensure that if this project was flipped, sold, assigned, or transferred for a massive profit, the citizens of Sulphur Springs would share in that success?
If CyrusOne ultimately pays millions to acquire this project, will a single dollar of that value come back to the citizens who helped make it possible?