Mark 4 Capital outlines 4,700‑acre Victory Logistics plan, says it sold 300 acres to Microsoft

FERNLEY — Mark 4 Capital told the Lyon County Board of County Commissioners on Nov. 20 that its Victory Logistics District (the Way project) now totals roughly 4,700 acres and includes recent land sales, planned community services and major infrastructure needs.

Scott Barnes, vice president of entitlement for Mark 4 Capital, said the company bought roughly 4,300 acres in 2019 and has since increased its holdings to about 4,700 acres. "We sold about 300 acres to Microsoft last spring," Barnes said.

Barnes described the project as a large‑scale industrial and mixed-use development that already includes four buildings totaling about 2,000,000 square feet. He said the developer is preparing master planning for residential neighborhoods north of Interstate 80 and expects the full buildout to require one or two high schools, additional elementary and junior high schools, another fire station and new wastewater and water infrastructure.

On transportation, Barnes said Nevada Pacific Parkway will link I‑80 (Exit 50) to Highway 50 Alternate, relieve truck traffic, be built to NDOT standards, and will be funded by the developer with RAISE grant support; the developer intends to turn the road over to NDOT when complete.

Barnes also described power planning tied to the project: a developer‑funded modular gas plant is under preliminary design starting at about 250 MW with the option to add generation to reach up to about 1.8 gigawatts, depending on demand. "To give you an idea of how much power 1.8 gigawatts is, you compare that to Reno Sparks and Washoe County — NV Energy is currently generating 2 gigawatts," Barnes said.

He said Mark 4 is working with NV Energy and gas suppliers and exploring options including a municipal utility district if necessary; the developer said it does not want to remain a long‑term power provider but must secure reliable supply for early tenants.

Barnes discussed workforce development as well, announcing a 'center of excellence' partnership with Western Nevada College backed by a roughly $600,000 grant to support training (welding, HVAC, commercial driver's license certification and data‑center skills). He said master planning and entitlement work is continuing; earthwork is underway on about 700 acres and a rail spur and bridge work are planned.

Commissioners pressed the developer on public services and funding for staffing of an intended fire station and on partnering with rail (Union Pacific) and NDOT. Barnes said current law prevents the developer from staffing public safety positions and that the North Lyon County Fire Protection District could partially occupy a new station. On rail, he said Union Pacific is engaged but the developer must fund construction of spur elements.

Why it matters: The Victory Logistics District entails major land‑use change with long‑term implications for housing, schools, emergency services, water, wastewater and regional electricity planning. The sale of land to Microsoft and other prospective tenants ties local infrastructure timelines to private project schedules.

Next steps: Mark 4 said earthworks and infrastructure pre‑construction will continue in 2026; the developer plans future updates to the commission as power, transportation and entitlement steps advance.