New Braunfels, Texas-based Infinity Development Partners has stepped in to become the developer of the Grand Sky unmanned aerial systems (UAS) technology park at Grand Forks Air Force Base, N.D., after the existing developer backed out.
Infinity has been involved in the enhanced use lease project since its inception through its work supporting Grand Forks County, which will be leasing a 217-acre site from the Air Force.
The Grand Forks County Commission approved the change in developers last week, reported Prairie Business.
“It’s really just a mutual backing out and a mutual insertion of a new developer,” said Commissioner John Schmisek. FDSL, the developer the county selected in October, pulled out over concerns about the size of the project, which could require up to $300 million in financing. The Air Force still needs to approve the deal.
Schmisek said he was pleased with the change and believes the project’s groundbreaking still could take place this year.
“This will probably speed up the process,” he said.