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Fermi must receive notice to proceed under its Texas Tech ground lease by December 31, 2026, or obtain an extension

Texas Tech University System may terminate the lease if the notice to proceed is not received. Vertical construction at Project Matador is expected to begin after a definitive tenant lease closes and the notice to proceed is received.

Place
Carson County, Texas
Companies
Fermi, Texas Tech University System
Source
Fermi Inc. 10-Q, filed Nov 12, 2026
Published here

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