Vantage Data Centers is planning a $185 million data center development in New Albany, Ohio.
The data center is proposed for 3475 Horizon Ct., which is inside the Silicon Heartland Innovation Park.
The $185m investment will be split with $110m going to building the data center, and $75m on IT hardware.
The Silicon Heartland Innovation Park, and industrial park and data center campus, has been under development since 2022 when Lincoln Property Co. began construction. The first two buildings of the part were nearing completion in May 2023, though both are for the industrial part of the park.
The innovation park is set on 190 acres of land, and the data center campus is being developed by Lincoln Rackhouse. According to the project's website, ground has already been broken on the campus and it could eventually have up to 1.5 million sq ft (139,355 sqm) of data center space and an IT capacity of 216MW. Based on diagrams on the website, this seems likely to span six data center buildings. The developer guarantees all of the buildings will be carbon-neutral by 2030.
The park has financial backing from Harrison Street of Chicago, while the general contractor is Chicago-based Pepper Construction, which also has an office in Dublin. JLL is the leasing agent for the project.
The campus is nearby to data centers operated by the likes of Google, Meta, Amazon Web Services, Stack Infrastructure, and Verizon. It is also southwest of an Intel semiconductor manufacturing plant.
The Ohio Tax Credit Authority has approved a 10-year 50 percent sales tax exemption for the project on the purchase of data center equipment. This could enable Vantage to save up to $6.94m in sales tax through to 2033.
The data center is expected to create 12 long-term jobs with $1.68m in payroll.
The plans shortly follow Vantage's announcement that the company raised $9.2bn in equity in a round led by DigitalBridge Group Inc. and Silver Lake.
This year so far has seen CyrusOne announce plans for a $150m data center in New Albany, Ohio, and Google committing to invest $2.3bn in its Ohio data centers.
