LUFKIN, Texas (KETK) \u2014 An AI-technology company based out of Nevada entered a purchase and sale agreement with Jefferson Enterprise Energy, LLC for a 132-acre property in Lufkin, according to a filing from the U.S. Securities and Exchange Commission (SEC).<\/p>\n
The purchase of the property cost the AI-company, 1606 Corp., a total of $11,168,864, consisting of $7 million in cash that must be paid at closing on April 15. Included in the purchase are associated development rights, improvements and equipment.<\/p>\n
A press release filed with the SEC said the property has a 50,000-square-foot warehouse, which is capable of supporting large-scale data center infrastructure.<\/p>\n
1606 Corp. believes the purchase of the site is \u201cattractive\u201d for potential partnerships with data center operators looking to develop new data centers in the area.<\/p>\n
KETK News spoke with 1606 Corp CEO Austen Lambrecht and he said the opportunity to bring a new business to the city is exciting.<\/p>\n
\u201cIt\u2019s exciting to bring new business to the community,\u201d Lambrecht said.<\/p>\n
According to Lambrecht, the company is talking with people on the ground in Lufkin to determine how they can best use the site once they gain control of the property.<\/p>\n
\u201cWe\u2019re talking with different people in Lufkin on what the best usage would be but we don\u2019t have site control yet, so we haven\u2019t gone through that yet,\u201d Lambrecht explained.<\/p>\n
Lambrecht said they\u2019re waiting for final funding to come through in order to complete the transaction for the property on April 15.<\/p>\n","protected":false},"excerpt":{"rendered":"
LUFKIN, Texas (KETK) \u2014 An AI-technology company based out of Nevada entered a purchase and sale agreement with Jefferson Enterprise Energy, LLC for a 132-acre property in Lufkin, according to a filing from the U.S. Securities and Exchange Commission (SEC). The purchase of the property cost the AI-company, 1606 Corp., a total of $11,168,864, consisting … Continue reading Out-of-state company acquires $11M agreement for Lufkin AI data center development<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2851],"tags":[],"class_list":["post-1492294","post","type-post","status-publish","format-standard","hentry","category-state-news-archive"],"publishpress_future_action":{"enabled":false,"date":"2026-06-06 15:05:17","action":"change-status","newStatus":"trash","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1492294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1492294"}],"version-history":[{"count":3,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1492294\/revisions"}],"predecessor-version":[{"id":1492381,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1492294\/revisions\/1492381"}],"wp:attachment":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1492294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1492294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1492294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}