Source: Stratos Project Area Master Development Agreement Draft

Summary

MIDA publishes an April 24, 2026 draft titled “Stratos Project Area Master Development Agreement” naming MIDA and O'Leary Digital Utah Development Company, LLC as the parties. It describes a proposed development framework for the Stratos Project Area and brands the development as “Wonder Valley.”

Useful Claims

• The document identifies O'Leary Digital Utah Development Company, LLC as the proposed master developer.
• It describes the proposed development as energy generation, hyperscale data centers, advanced manufacturing, residential, and commercial uses.
• The agreement is contingent on the master developer or an affiliate obtaining title to the relevant real property and constructing and generating the minimum energy described in the document.
• The draft sets Phase 1 at an energy facility "capable of producing at least three (3) Gigawatts of electricity," in Hansel Valley, to be submitted for approval and constructed within five years of the effective date. This is the only generation capacity the document commits to a number; it is a contractual milestone in an unsigned draft, not an operating or permitted capacity.
• The draft states that MIDA's own development standards do not regulate energy production installations or nuclear facilities, that the U.S. Nuclear Regulatory Commission holds exclusive licensing authority for commercial nuclear plants in Utah, and that Utah DEQ must issue an approval order before construction of emitting equipment such as a natural gas generation facility. Within those constraints the master developer may build generation in the project area without additional MIDA permitting approval.
• The posted file is a draft with blank signature and acknowledgment fields.

Reliability Notes

This is an official MIDA-hosted government document and strong evidence of the draft's contents. MIDA's project page labels it as approved “in substantial form” while remaining a draft and unexecuted. The PDF's signature, attorney-approval, and notarial fields are blank. It must not be cited as a signed or recorded agreement without an executed copy.

Verbatim

Background paragraph B:

The purpose of creating the Project Area is to develop state-of-the-art energy and hyperscale data centers and advanced manufacturing facilities, as well as promoting high quality residential and commercial development (“Development Project”) that will provide economic benefits and opportunities to Box Elder County (“County”) and fund military land development and other State projects. The Master Developer is branding and marketing the Development Project as “Wonder Valley”.

Background paragraph D:

This Agreement is contingent upon the Master Developer (or an affiliated entity) obtaining legal title to real property, for which the Master Developer is applying for a Master Development Plan approval, located in unincorporated Box Elder County, as legally described in Exhibit A and depicted on Exhibit A-1 attached hereto and on the Master Developer constructing and generating the minimum amount of energy described in this Agreement.

Section 4(b), "Wonder Valley Phase 1" — the document's only stated generation figure:

The Master Developer expressly agree that within the first five (5) years of the Effective Date, they will submit for approval the Wonder Valley Phase 1 Plan and complete construction of the Energy Facility to be located in the Hansel Valley to the point that it is capable of producing at least three (3) Gigawatts of electricity ("Phase 1").

Section 7(e), "Permitting for Energy Production Facilities; Nuclear Facilities":

the Standards do not regulate the construction of energy production installations or nuclear facilities. The United States Nuclear Regulatory Commission holds exclusive authority for approving and licensing commercial nuclear power plants in Utah.

Related Pages

• Stratos Data Center
• Military Installation Development Authority