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Development Opportunity · Data Center / AI Compute

Okanogan DC – Riverfront Data Center Campus

A shovel-ready, power-connected data center opportunity on the Okanogan River in north central Washington. Industrial-zoned land, 5 MW+ of electrical capacity, TEA/EB-5 eligibility, and a unique dual-governance structure with Okanogan County and the Colville Confederated Tribes.

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Highlights Site & Infrastructure Timeline Contact
Location
Okanogan, Washington – Riverfront on the Okanogan River
Power
Existing ~5 MW capacity, scalable with utility partner
Status
Operating small-scale crypto / data facility; repositioning to multi-tenant AI / cloud

Power

5+ MW Available

Investment

TEA / EB-5 Eligible

Governance

County + Tribal

Infrastructure

Regional Connectivity

Project at a Glance

A focused, single-campus development packaged for institutional, strategic, and EB-5 capital.

Site

Riverfront industrial parcel(s)

Direct Okanogan River frontage with existing access and utilities.

Power

5+ MW available

Existing service sized for current load with headroom; engineered to scale further with utility upgrades.

Zoning & Use

Industrial / data center

Industrial-zoned, active data facility in place, reducing entitlement friction for expansion.

Investment Profile

TEA / EB-5 eligible

Targeted Employment Area designation enables EB-5 structures for qualified foreign investors.

Governance

County + Tribal

Situated within the jurisdiction of Okanogan County and the Colville Confederated Tribes, enabling unique partnership options.

Current Use

Bitcoin / data hall

Operating small-scale bitcoin mining / compute footprint that can be repurposed into higher-yield AI or cloud workloads.

Site & Infrastructure

The campus is designed to minimize entitlement risk and timeline uncertainty by leveraging existing power, zoning, and infrastructure.

Power & Utilities

  • Existing electrical service sized for ~5 MW of load, with path to additional capacity.
  • Industrial-grade infrastructure in place to support continuous compute operations.
  • Existing structures and pads from current data / mining operations, reducing first-build capex.
  • Utility relationships established; expansion scenarios can be engineered in coordination with the local provider.

Physical Site

  • Riverfront positioning along the Okanogan River with direct frontage.
  • Industrial-zoned land within an already developed commercial/industrial context.
  • Road access suitable for construction traffic and ongoing operations.
  • Room for staged building pads and supporting infrastructure (switchgear, cooling, battery, or gen sets).

Governance, Sovereignty & Incentives

Okanogan DC sits at the intersection of county jurisdiction and tribal sovereignty, creating room for creative structuring around incentives, permitting, and long-term stewardship.

Dual Governance

  • Located within the jurisdictional sphere of Okanogan County and the Colville Confederated Tribes.
  • Opportunity to align with tribal economic development priorities and long-term revenue programs.
  • Potential to explore sovereign-adjacent positioning for data residency and specialized workloads.

TEA / EB-5 Potential

  • Targeted Employment Area (TEA) designation supports EB-5 visa investment structures.
  • Configurable capital stack that can blend traditional equity, project finance, and EB-5 tranches.
  • Ability to host multiple investor groups within a single campus master plan.

Development Opportunity & Capital Structure

The current facility is unprofitable as a pure bitcoin mine but well-positioned to be recapitalized and repurposed into a higher-value data center and AI compute campus.

Repositioning Thesis

  • Upgrade from single-tenant, commodity mining load to multi-tenant, higher-yield compute (AI, cloud, HPC, or specialized workloads).
  • Leverage existing electrical and physical infrastructure to shorten time-to-commission for the first expanded data hall.
  • Layer in sustainability and efficiency upgrades over time (cooling strategies, containment, power management, etc.).

Illustrative Capital Stack

  • Equity or JV capital at the land + infrastructure level.
  • Structured participation for EB-5 investors, subject to program requirements.
  • Potential utility cost-sharing or infrastructure support via local partners.
  • Room for tenant improvement capital from anchor customers once identified.

Specific structures, returns, and allocations are available under NDA in the detailed investor brief.

Timeline & Phasing

The site is already energized and in use. The development program focuses on phased, risk-managed expansion.

  1. Phase 0 – Existing Operations

    Current small-scale bitcoin mining / data use continues to operate, providing live infrastructure and real operational data on power and thermal behavior.

  2. Phase 1 – Stabilization & Retrofit

    Stabilize ownership and capital structure, audit and optimize existing electrical and cooling systems, and retrofit initial space for multi-tenant or dedicated compute clients.

  3. Phase 2 – Campus Expansion

    Add new data halls and supporting infrastructure on available land, scaling power and fiber capacity, and aligning with anchor tenant or platform partner requirements.

  4. Phase 3 – Full Build-Out

    Mature campus with multiple buildings, diversified tenant mix, and long-term contracts, with future options for on-site generation or energy storage if appropriate.

Location

Okanogan DC is situated near the Okanogan River in Okanogan, Washington, with direct riverfront exposure and access to the broader Northwest grid.

Regional Context

  • North-central Washington, with access to regional power resources.
  • Drive-time proximity to larger regional hubs while maintaining lower land and operating costs.
  • Environment suited for data center cooling profiles relative to hotter U.S. regions.

Map & Coordinates

Detailed maps, parcel information, and utility routing diagrams are provided in the full investor packet.

Prospective partners can be granted data room access with survey, title, and engineering documents upon execution of an NDA.

Request the Detailed Investor Packet

To review the full financial model, engineering reports, and legal documentation, please reach out with your investment profile and areas of interest.

Email: info@chainlodge.com

Subject line suggestion: “Okanogan DC – Investor Inquiry”

Include: investor type (family office, fund, EB-5 platform, strategic), approximate check size, and preferred timeline.