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HomeMy WebLinkAboutCity Of Rexburg - Lightbridge Update (2)Fulfillment/Construction Update February 19, 2025 January 2025 Update Construction to date -208,000 ft of mainline constructed -2,225 passings constructed -521 homes connected -254 homes in process of fulfillment -1,366 total sign-up's (expressed interest) -40% Average take rate across completed and active build areas and increasing -63% Highest take rate of any specific development Lightbridge Network January 2025 Update Distribution of Customers -48.3% of Customers subscribed to 1Gb/s symmetrical internet -Over 19% Multi-Gig subscriptions -Over 72% of customers are choosing speeds that they can only get on fiber 2025 Construction Plans East & West of Campus •East of Railroad •The Hill East & West of Campus •East of Railroad •The Hill South of Temple •Crest View / Crest Haven •Valley View •Founders Square •Sky Meadows Milestones CONSTRUCTION START DATE: 4/1/25 CONSTRUCTION END DATE: 10/31/25 GOAL: COMPLETE REMAINING RESIDENTIAL BUILD IN 2025 Thank you