Catellus Appointed to Lead Development of Quantum Frederick and QLoop

Frederick, MD – August 1, 2024 – Quantum Loophole, Inc. (“QL”) is pleased to announce that Catellus Development Corporation (“Catellus”) has been appointed to lead development of the Quantum Maryland Project.

Catellus has 40 years of experience in the redevelopment of former military bases, airports, university campuses, and industrial sites across the nation. The company has a long history of working with government agencies, municipalities, and local communities across the country to plan and revitalize land, with distinct expertise in infrastructure and brownfield development. Together, QL and Catellus will enable the delivery of the master-planned data center community, Quantum Frederick, and the 40+/- mile network, QLoop.

“Catellus is honored to be working in Frederick County and looks forward to engaging with the community, agencies, and other stakeholders to deliver the vision of the Quantum Frederick development. We look forward to collaborating with the QL team as we focus on the delivery of both the Quantum Frederick and QLoop projects,” comments Michael Kuykendall, Senior Vice President at Catellus Development Corp.

“Catellus is a world-class developer with an established track record of delivering innovative, complex, and environmentally conscious projects. We are excited to welcome the team’s experience and expertise as we continue our focus on developing modern sustainable industry, jobs, and investment in Frederick County. We firmly believe our partnership with Catellus will benefit Frederick County and the Quantum Maryland project overall,” says Scott Noteboom, President and Co-founder at QL.

For more information about Catellus, visit www.catellus.com.

For more information about QL, visit www.quantumloophole.com.