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Lynnway Park · North River

Lynnway Park

The Lynnway Park landlord model. Start with the Revenue Model (tenant and workload scenarios, from AI/HPC to hospital and media colocation), the 626 Lynnway and 0 Circle Avenue landlord models (CapEx, OpEx, new build vs. conversion), or the Offtake Analysis (who is nearby and why). Then compare and blend scenarios across both sites before running the full Monte Carlo simulation.

6MW Tier III colocation (12MW cap) T0 = Jan 2027 COD = month 14 120-month horizon
Project

Diligence Tracker

What has been received and what is pending, with owners, notes, links and attached documents.

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Sites

626 Lynnway

Micro Edge Data Center conversion case: CapEx, landlord rent, revenue, cost and profit for the 2nd-floor conversion.

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0 Circle Avenue

New-build case: CapEx, landlord rent, revenue, cost and profit for the ground-up parcel.

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Site Scenario Comparison

Shell-Only new build vs. conversion, side by side, for the same landlord question.

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Financial Model

Basic Analysis

Main drivers only: the fastest way to see how a change in rent, rate or cost moves the result.

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Advanced Analysis

Full DCF: every driver editable, including secondary CapEx/opex lines, WACC discounting and an optional exit value.

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Simple View

Revenue vs. cost, reduced to the essentials.

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Risk-Priced DCF

10,000 simulated paths of each site's 120-month cash flow: the range of outcomes, not one point estimate.

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Revenue Model

What the site can earn by tenant and workload type (AI/HPC, enterprise and healthcare colocation, hosting and media), each with its own rack density, rate and cost drivers.

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Risk Scenarios

How delays to grid connection, construction, hardware delivery and tenant move-in change cost, revenue and return, one at a time and combined.

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Market & Benchmarks

Offtake Analysis

Who could lease capacity here: a radius screen of Lynnway Park's surroundings (the Amitié cable landing 0.7km away, GE Aerospace, regional healthcare, North Shore robotics/AI), each lead marked confirmed or inferred.

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Market Rate Benchmark

Operator rate by market and tenant/workload type, in $/kW/month, with Boston as the model basis.

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Benchmark Comparison

The NeoCloud/GPU tenant model and cost assumptions checked against published 2026 benchmarks.

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Comparable Transactions

Eight disclosed CoreWeave and Crusoe data center deals in the 5-60MW range, sorted for comparison.

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Technical

Energy Modelling

Ornstein-Uhlenbeck power tariff simulation and seasonal index, calibrated on National Grid MA's G-3 rate class.

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Environment

Flood exposure at Lynnway Park by decade, and what it sets the flood-protection cost at, at both sites.

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Reference

Assumptions & Sources

The baseline and reasoning behind every number in the model: revenue, CapEx and OpEx, in one place.

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