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MIDA projects tens of millions in county revenue and thousands of jobs from Stratos build‑out
Summary
MIDA told commissioners the Stratos project could yield high‑paying jobs and significant local revenue: an estimated 4,000 temporary construction positions, about 2,000 permanent jobs, $30 million annually to the county at phase one (3 GW), and $108 million annually at full build‑out, plus developer prepayments to support municipal readiness.
Project officials told Box Elder County commissioners that the Stratos campus could substantially change the county's fiscal landscape. Hilary Venable said phase one (3 gigawatts) "would provide the county with 30 million dollars annually of revenue," and that on full build‑out the campus alone could generate "at least 108 million dollars annually." She also said the developer has committed to prepayments "of 5.4 million dollars for three years" to help cover municipal readiness costs (fire equipment, staffing, life‑safety needs) while the county scales services.
Commissioners asked how many local jobs would be created and whether construction jobs would be filled by local workers. Venable projected roughly 4,000 temporary construction jobs over a 10‑year buildout and approximately 2,000 permanent positions tied to campus operations, and said MIDA would prioritize local hiring. Commissioners signaled they would seek more detailed, binding commitments and studies to verify job counts and long‑term fiscal impacts before consenting to incentives or formal agreements.
