Cromby Innovation Center
Phoenixville, PA.
A former Exelon 400 MW plant, Cromby Station was acquired by the 98six° team in 2019. Demolition of the former Cromby Station plant was completed in 2021, with ongoing work, including environmental remediation and construction, continuing into 2022.
The redevelopment of Cromby takes advantage of the site's 33 kV, 66 kV, and 132 kV substations as well as its multi-carrier fiber access, which supports light industrial and renewable energy applications (i.e. energy storage, data processing and vertical agriculture). The property also has the potential to be repurposed for a large mixed-use residential development project.
Investment Overview
Acquired in 2019, The Cromby Innovation Center is a prime industrial impact investment with unique access to clean nuclear power connectivity.
- Impact offset of 1.31 billion pounds CO2 eliminated annually
- Existing commercial lease income in place with long-term tenant
- 50MW of additional power coming online with the selection a well-credited tenant
Documents
Project Status
Live
Property Type
Former Coal Power Plant
Carbon Impact
1.31 Billion Pounds CO2 Eliminated Annually
Permitted Uses
Industrially Zoned,
Including Data Centers
Clean Power Output
50 MW
Property Features
Rail, Highway, Waterfront
Multiple Parcels
115 Acres
Riverfront
6,450 ft. Schuylkill River frontage
Cromby Innovation Center
Phoenixville, PA.
A former Exelon 400 MW plant, Cromby Station was acquired by the 98six° team in 2019. Demolition of the former Cromby Station plant was completed in 2021, with ongoing work, including environmental remediation and construction, continuing into 2022.
The redevelopment of Cromby takes advantage of the site's 33 kV, 66 kV, and 132 kV substations as well as its multi-carrier fiber access, which supports light industrial and renewable energy applications (i.e. energy storage, data processing and vertical agriculture). The property also has the potential to be repurposed for a large mixed-use residential development project.
Investment Overview
Acquired in 2019, The Cromby Innovation Center is a prime industrial impact investment with unique access to clean nuclear power connectivity.
- Impact offset of 1.31 billion pounds CO2 eliminated annually
- Existing commercial lease income in place with long-term tenant
- 50MW of additional power coming online with the selection a well-credited tenant
Documents
Investment Status
Open
Property Type
Former Coal Power Plant
Carbon Impact
1.31 Billion Pounds CO2 Eliminated Annually
Permitted Uses
Industrially Zoned,
Including Data Centers
Clean Power Output
50 MW
Property Features
Rail, Highway, Waterfront
Multiple Parcels
115 Acres
Riverfront
6,450 ft. Schuylkill River frontage