Storey County (TRIC), Storey County, Nevada

Storey County TRIC — Nevada

86/100Clear Path

Stablehigh confidence

Last updated: 2026-03-29

Thesis

TRIC's Development Agreement provides a locked-in regulatory framework since 2000 with pre-approved DC use, 7-day grading permits, and 30-day building permits. Five on-site power plants with 900+ MW.

Four-Dimension Breakdown

How this market scores

Regulatory Risk27/30

TRIC zoned I-2 Heavy Industrial. Development Agreement (February 2000) pre-approves data centers as permitted use and restricts the county's ability to impose new regulations.

TRIC Project Overview webpageTract GlobeNewswire press release

Infrastructure Readiness19/25

Five on-site power plants delivering 900+ MW. Tract/NV Energy partnership commits 2+ GW beginning 2025. Dedicated substations (Novva 100 MW on-site). NV Energy constraint: only 10-20 MW additional power annually under current infrastructure.

TRIC Data Center webpageTract/NV Energy press releaseNovva Data Centers press release

Opposition Density22/25

No organized opposition in Storey County/TRIC. Sierra Club Toiyabe Chapter targeted a Reno city DC (~20 miles west) but has not targeted TRIC operations.

DCD: Sierra Club appeals against Reno data center2News: Lawmakers discuss data centers at Nevada Legislature

Approval Timeline18/20

Most industrial uses proceed directly to architectural review and building permits. 7-day grading permits, 30-day building permits. No public hearing required.

TRIC Project OverviewTract press releases

Evidence

Key findings

TRIC Development Agreement (February 2000) pre-approves data centers and restricts new regulations.

TRIC Project Overview

Tract/NV Energy partnership commits 2+ GW of power delivery beginning 2025.

Tract/NV Energy press release

Tract has assembled 11,000+ acres with planned $100B investment over 10 years.

NNBW

Incentives

Available programs

NRS 360.754 — partial abatement of personal property taxes (up to 75%) and sales/use tax reduction to 2%

Available to qualifying data centers. From FY2017-2025, $537M in gross reduction of local government sales and use taxes from DC abatements statewide.

Source

Known Risks

No market is risk-free. Here's what to watch.

The credibility of a favorable score depends on honest risk disclosure. These risks are documented in public records.

NV Energy can only add 10-20 MW annually under current infrastructure

Sierra Club Toiyabe Chapter advocates for statewide DC regulation (targeting Reno, not TRIC)

Recommendation

Favorable market. TRIC's Development Agreement is among the strongest regulatory shields documented in any U.S. market.

Sources

Cited references

secondaryTRIC Project Overview

secondaryTract/NV Energy press release

primaryNovva Data Centers: Launch of Tahoe Reno DC

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