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The City Council in September approved an annexation and zoning change to facilitate the development.
The site was declared blighted in 2005, making the project eligible for tax-increment financing from the city, but Agate is not seeking city tax incentives.
The company is seeking state help, however, having made two tax incentive applications estimating a minimum investment of $600 million and at least 30 jobs at the site.
Google has been speculated as the company behind the project, largely because the $600 million estimated price tag matches what the internet giant has spent on other data centers in recent years.
Google last month announced plans to build a $600 million data center in Papillion.
White, one of the owners of the property north of Lincoln, said he signed a non-disclosure agreement but was never given information about any other company that might be involved besides Agate.
He said the property sale took close to a year from initial interest until closing.
See what's going up in Lincoln
Holiday Inn Express
Workers construct a tower crane on the southeast corner of Ninth and O streets on March 30. The crane will be used to construct a 140-room Holiday Inn Express.
A new $23.9 million Veterans Affairs outpatient clinic being built on the VA campus south of 70th and O streets is the cornerstone of a larger redevelopment known as Victory Park.
A preliminary design shows plans for an apartment building proposed on the block west of Antelope Valley Parkway in the K and L streets corridor.
Mourning Hope Grief Center
Construction is close to being finished on the new Mourning Hope Grief Center in February.
State office building
A nighttime rendering of the planned State of Nebraska office building at 17th and K streets. The four-story building would have two levels of parking and two floors of office space.
Lincoln sports complex
Work is going on to finish the interior of the Kinetic Sports Complex on West O Street so it can be open in March.
Campion Development has received approval for its student-oriented housing project at Ninth and M streets.
300 N. 48th Street
A Spectrum retail store will be the first tenant for a retail building under construction at the former Skate Zone site at 300 N. 48th St. Construction on a hotel at the site is likely to start in the next two to three months.
The Gold’s Building at 11th and O streets has been sold to a real estate investment company that plans a $15 million-$20 million redevelopment that will include a 110-room hotel.
Madonna New Patient Wing
Madonna Rehabilitation Hospitals plans to break ground this spring on a new $57 million, three-story patient wing on its Lincoln campus.
An architectural rendering shows the first phase of a renovation project at Nebraska Wesleyan University, which will replace seats in McDonald Theatre.
Tommy's Express Car Wash
Workers put together the red, steel frame for Tommy's Express Car Wash north of 70th and O Streets in November. The site was formerly home to Texas T-Bone and Lone Star Steakhouse, among other restaurants.
Lied Place Residences
A 300-foot mobile crane sits ready to erect a 280-foot tower crane at the site of the future Lied Place Residences in November.
Bryan Physician Network
Bryan Physician Network broke ground at 84th and Pioneers on a new building that will be home to Southeast Lincoln Family Medicine and a second Bryan Urgent Care location.
New football complex
Nebraska's proposed new football facility ties in with the East Stadium Plaza and other buildings on the NU campus.
Sun Valley Lanes
This rendering shows the new bar planned at Sun Valley Lanes.
Telegraph Lofts East rises in the foreground, followed by Telegraph Flats, while looking west toward downtown Lincoln in September.
Southeast Community College's Education Square downtown was renovated, with enhanced security.
Nebraska Innovation Campus hotel
An architectural rendering shows a six-story hotel proposed for 21st Street and Transformation Drive on Nebraska Innovation Campus.
There's a healthy use of granite and marble throughout the rooms and public spaces, including bathrooms at The Kindler Hotel.
Lancaster Event Center
Water hookups and electrical boxes line the new campground under construction at the Lancaster Event Center.
Construction on the Olsson building in the Haymarket in July.
This rendering shows what the Eastmont campus at 6315 O St. will look like after its planned $50 million expansion.
Lincoln Children's Zoo
The new Wild Kingdom Theater is part of the expanded Lincoln Children's Zoo that opened in May.
The Stack Lofts
The Stack at 1222 P St. includes 27 market-rate apartments -- three two-bedroom units, 20 one-bedroom units and four studios, some with balcony access.
Ninth & O development
New renderings show a preliminary design for a hotel on the southeast corner of Ninth and O streets.
Prison Open House
The new, 160-bed women's unit at the Community Corrections Center-Lincoln was built to be a therapeutic space. It features earth tones, natural lighting and wood throughout the building.
Wilderness Nature Camp
The Lincoln Parks Foundation is raising money to build a new Wilderness Nature Camp building at Pioneers Park Nature Center.
Great Plains Beef
This rendering shows Great Plains Beef's planned new administration building at 84th Street and Havelock Avenue.
14th and N
The city has chosen this proposal from Argent Group for a high-rise development at 14th and N streets. The rendering is looking southwest.
Part of the new parking garage at SouthPointe Pavilions is finally open, several months after originally planned.
Pershing proposals/White Lotus Group/HDR
White Lotus Group and HDR propose a mixed-use community hub for the site it calls Mural, which would combine affordable housing, retail, a wellness center and central library with murals throughout the block.
Reach the writer at 402-473-2647 or email@example.com. On Twitter @LincolnBizBuzz.
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