E11: Building India’s Digital Backbone with Sharad Agarwal
Mar 12, 2026 Eric Bell World
Go to PodcastFrattalone Companies, operating through Monticello Tech, LLC, is planning a significant development in the city of Monticello: the Monticello Tech Park. This 500-acre park is located south of 85th Street and east of Highway 25 within the Monticello Orderly Annexation Area.
The development could eventually total 3 million square feet (278,709 sqm) of space, spread across multiple buildings, each potentially around 300,000 square feet (27,871 sqm). The project's total investment is estimated to reach up to $5 billion.
Frattalone Companies is a family-owned Minnesota-based construction firm, founded in 1970. It is currently unknown if they are collaborating with a larger real estate or data center operator on this venture.
The planned Tech Park is situated in an area where local utility Xcel Energy operates the Monticello Nuclear Generating Plant. The 647MW plant, which began operating in 1971, is currently licensed through 2030, though Xcel has submitted an application for a 20-year license renewal.
| Distance | Site | About |
|---|---|---|
| 0.22 miles | Monticello Tech Expansion | |
| 2.28 miles | Scannell Technology Park |
Real estate firm Scannell Properties is planning a new data center development in Monticello, tentatively called the Scannell Technology Park.
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| 2.34 miles | Scannell Tech Expansion | |
| 8.84 miles | Hub BetaInterested in this information?Contact us |
Amazon has suspended plans for this data center in Becker, Minnesota.
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| 9.37 miles | Target Elk River | |
| 9.39 miles | UnitedHealth Elk River | |
| 10.43 miles | ThreeInterested in this information?Contact us |
Microsoft bought about 295 acres in the city of Becker for a future data center.
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Frattalone Companies, Inc. is a family owned construction firm based in St. Paul, MN. Frattalone specializes in civil site construction and self-performs earth moving, excavation, site utilities, environmental remediation, demolition and athletic field construction. Frattalone Companies also recycles concrete and asphalt and provides landscape materials through its subsidiary Fra-Dor, Inc as well as provides demolition material disposal at its subsidiary Dawnway Landfill.
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