New Albany, Ohio — while experiencing rapid growth and an influx of investments from the likes of Intel, Facebook, Google and Amazon, it might not be the first place you think of when you think the next Silicon Valley. Think again!
Lincoln Property Company (LPC) and Harrison Street, announced today the joint venture and acquisition of a 190-acre land site in New Albany, Ohio to construct a multi-use technology and distribution park designed for data center and industrial users and operators.
The site, known as Silicon Heartland Innovation Park (the “Park”), will provide access to:
- Recently expanded road systems
- Dual 345 KVA transmission lines
- Reliable electrical service
- Substantial water resources
- Abundant fiber network
The park is also strategically located near Columbus’ John Glenn Airport and the Central Ohio Transit Authority bus line, providing quick and easy transportation for employees, vendors and customers, and is in close proximity to several nearby colleges and universities, including The Ohio State University.
“Silicon Heartland Innovation Park will offer everything an industrial or data center user will need: an ideal location, expansive talent pool, and state of the art features needed to run a successful operation,” said Dan Reidy, Vice President of LPC.
“New Albany is an exciting data center market with tremendous potential for digital infrastructure growth following Intel’s planned chip factory expansion,” said Michael Hochanadel, Managing Director and Head of Digital Real Estate at Harrison Street. “This project is consistent with Harrison Street’s digital investment strategy and ability to identify strategic sites for data center development in attractive markets with strong demand for increased connectivity options.”
Lincoln Rackhouse, the data center division of LPC, will immediately begin development of the data center campus which will include the construction of an on-site 200MVA, electrical sub-station. The data center campus can accommodate up to 1.2 million square feet and 144MW of critical load designed specifically for hyperscalers and other major operators.
“Qualified ‘powered’ data center sites are becoming increasingly difficult to find in Tier 1 data center markets such as Northern Virginia and Chicago. The location in New Albany, Ohio offers the perfect environment for the next phase of large hyperscale and colocation growth,” Martin Peck, Executive Vice President, Lincoln Rackhouse.
To read the entire press release, click here.
