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Wind farm development is an extremely complex process, most often driven by three im- portant performance criteria: (i) annual energy production, (ii) lifetime costs, and (iii) net impact on surroundings. Generally, planning a commercial scale wind farm takes several years. Undesirable concept-to-installation delays are primarily attributed to the lack of an upfront understanding of how different factors collectively affect the overall performance of a wind farm. More specifically, it is necessary to understand the balance between the socio-economic, engineering, and environmental objectives at an early stage in the design process. This paper proposes a Wind Farm Tradeoff Visualization (WiFToV) framework that aims to develop first-of-its-kind generalized guidelines for the conceptual design of wind farms, especially at early stages of wind farm development. Two major performance objectives are considered in this work: (i) cost of energy (COE) and (ii) land area per MW installed (LAMI). The COE is estimated using the Wind Turbine Design Cost and Scaling Model (WTDCS) and the Annual Energy Production (AEP) model incorporated by the Unrestricted Wind Farm Layout Optimization (UWFLO) framework. The LAMI is esti- mated using an optimal-layout based land usage model, which is treated as a post-process of the wind farm layout optimization. A Multi-Objective Mixed-Discrete Particle Swarm Optimization (MO-MDPSO) algorithm is used to perform the bi-objective optimization, which simultaneously optimizes the location and types of turbines. Together with a novel Pareto translation technique, the proposed WiFToV framework allows the exploration of the trade-off between COE and LAMI, and their variations with respect to multiple values of nameplate capacity.