Expanding Data Center Projects in New Albany, Ohio

New Albany, Ohio, continues to be a magnet for some major construction projects, with companies like Amazon and Intel investing billions in the region. QTS Data Centers, a subsidiary of Blackstone Investment Management, is the latest player to join this trend, with plans to invest around $1.5 billion in the construction of four data centers. 

QTS Data Centers’ Ambitious Investment

QTS Data Centers in New Albany

QTS Data Centers, a real estate investment trust (REIT) specializing in computing facilities, is set to invest approximately $1.5 billion in New Albany, Ohio.

The company, a subsidiary of Blackstone Investment Management, will build four data centers for future end users on two separate sites in New Albany.

These data centers will be established on a 56-acre plot of land and a nearby 37-acre area on Beech Road.

Data Center Activity in the United States

Data center projects remain highly active across the United States, driven by substantial commitments from major industry players like Amazon, Google, and now QTS Data Centers.

Continued Significance of Data Centers in New Albany

Economic Development in New Albany

According to Sara Zeigler, the city’s manager of economic development, data centers continue to hold great importance in New Albany’s economic landscape.

This makes it obvious why the city’s reputation as a preferred destination for data center investments.

Amazon’s Investment

In September, Amazon pledged $3.5 billion for the development of new data centers in New Albany, further solidifying its presence in Ohio. Amazon’s total investment in data centers in the state has now reached $7.8 billion, making it a substantial contributor to Ohio’s data center landscape.

Google’s Commitment

Google also made a big, big commitment in August, announcing a $1.7 billion investment in its three Ohio data center campuses, including locations in Lancaster, New Albany, and Columbus.

This investment builds upon Google’s already substantial $2 billion in previous state investments, emphasizing Ohio’s growing importance in the tech sector.

Strategic Location

New Albany, particularly Columbus, benefits from its strategic location, making it a desirable hub for data center investors. Situated between established data center centers like Northern Virginia, Atlanta, and Chicago, Columbus continues to attract data center developers.