Business

New Albany lands $1 billion data center project from out-of-state company making first investment in Ohio

September 6th, 2022

New Albany is becoming synonymous with big tech thanks to a growing number of projects from the likes of Intel, Facebook, Google and Amazon. Another out-of-state company is taking notice. Read more at Columbus Business First

DBT-DATA TO DEVELOP MISSION CRITICAL FACILITIES IN THE NEW ALBANY INTERNATIONAL BUSINESS PARK

August 31st, 2022

MEDIA CONTACT: Lisa Hinson
lisa@hinsonltd.com
614.416.7100

Washington, DC (August 31, 2022) – DBT-DATA announced today the purchase of 93 acres in the New Albany International Business Park in New Albany, Ohio. As a leader in the development of mission critical facilities, DBT-DATA intends to construct up to one million square feet of power shell facilities, which are completed buildings equipped with all necessary power and connectivity that can be customized to meet the needs of a single or multiple customers. This will be the company’s first project in the state of Ohio.

Crediting the existing infrastructure in the business park, including 300 megawatt redundant power, triple feed electric capabilities and robust fiber optic networks, DBT-DATA had its eye on a New Albany location for some time.

“The New Albany International Business Park has built a national reputation as a reliable location for mission critical facilities,” said DBT-DATA CEO, David Tolson. “Demand for data center space continues to grow and users appreciate the flexibility that comes with a completed building already prepared to meet their technology needs that can be finished to their exact specifications.”

“The strategic planning and investment in power and internet infrastructure were important factors in our decision to develop in New Albany. The City of New Albany, AEP Ohio and New Albany Company set the stage for the expansion of this sector by investing in the critical elements that support business growth,” concluded Tolson.

“DBT-DATA is a respected and experienced developer and we’re pleased they’ll be delivering this important data center option for prospective tenants of all sizes in the New Albany International Business Park,” said Bill Ebbing, President and CEO of New Albany Company. “Our mission critical cluster in the park continues to grow as existing companies like Meta, AWS and Google expand and new businesses establish operations here.”

The 93+ acre site is bordered by Clover Valley Road, Jug Street and Mink Street.

Illustrated map of DBT-DATA location in the New Albany International Business Park

About DBT-DATA

DBT-DATA is an affiliate of DBT Development Group, LLC, a Washington, D.C. based real estate development company. The company specializes in high quality living and working spaces, including residential, commercial and data center development.

 

Why Biotech Firms Like Buckeye Land
– Site Selection Magazine July 2022

July 11th, 2022

Global biopharmaceutical manufacturer Amgen picked New Albany, Ohio, on June 28, 2021, as the location for a $375 million drug manufacturing and packaging complex that will employ 400 high-wage workers. On May 23 of this year, AmplifyBio, a biotech contract research organization, picked New Albany for a $150 million complex that will place over 100 highly paid workers doing research and development in a new 350,000-sq.-ft. facility….Continue Reading.

VanTrust to Break Ground on New Albany Development
Ideal for Chip Plant Suppliers

July 8th, 2022

Construction will begin immediately, with the new industrial park adjacent to Intel’s planned semiconductor manufacturing campus.

Columbus, Ohio – July 6, 2022 – Commercial real estate developer VanTrust Real Estate, LLC. is pleased to announce plans for a new development, New Albany Tech Park, located in the New Albany International Business Park. Located on 500 acres just south of the recently disclosed plans by Intel to build a new chip plant in New Albany, VanTrust is set to break ground on multiple projects before the end of 2022, with completion expected by the end of 2023. The total buildout could reach five million square feet.

“We continue to demonstrate incredible momentum in the New Albany area, recognizing that it is a prime location for business development, and we are excited to move forward with a new business park that will bring even more jobs and contribute to the continued growth within the region,” said Andy Weeks, executive vice president of VanTrust. “Our park will benefit from the massive amount of infrastructure currently under way as part of the Intel semiconductor manufacturing facility. The proximity of this park will make it highly attractive to Intel suppliers as well as other companies.”

“VanTrust has been a dependable partner in the New Albany International Business Park, delivering high-quality development that has attracted businesses that are new to the market, as well as expansions of existing businesses. In most instances, VanTrust has leased the spaces before the buildings have been completed,” said Bill Ebbing, president and CEO of The New Albany Company, developer of the New Albany International Business Park. “VanTrust shares our commitment to strategically planned, high-quality development, so we are very pleased to collaborate with them to meet the increasing demand in this new area of the business park.”

Map of VanTrust Chip Plant location in the New Albany, Ohio Business Park

VanTrust’s momentum in the New Albany area is unprecedented, as the company is currently building its seventh and eighth industrial buildings there since 2019, with buildings ranging from 250,00 to 768,000 square feet. Several are situated inside the New Albany International Business Park, a Class A park featuring one of the most robust fiber optics networks in the region.

“New Albany is a fantastic community in which companies can grow with high-quality infrastructure and access to top-tier talent,” said Michael Loges, New Albany’s Economic Development Manager.  “VanTrust has become a valued partner in the expansion of the New Albany International Business Park with more than a half dozen projects announced, under construction, or completed in New Albany alone within the last few years. VanTrust has a track record of working well with the City to exceed the expectations of prospective tenants while meeting schedules. Now, as the New Albany community positions itself to welcome a cadre of new advanced manufactures and suppliers, we’ll have a partner that understands the City’s process and delivers excellent quality sites.”

“We appreciate VanTrust’s continued investment in the Columbus Region. Dozens of companies supply Intel’s fab operations and many need to locate nearby for rapid accessibility. This industrial park will help ensure Intel is able to receive this support when the New Albany fabs are operational,” said Kenny McDonald, president and CEO of the Columbus Partnership.

About VanTrust Real Estate
VanTrust Real Estate, LLC is a full-service real estate development company. The company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, and asset management. Product types include office, industrial, multifamily, retail, institutional, governmental, hospitality, and recreational. VanTrust works nationally with regional offices in Columbus, Dallas, Phoenix, and Jacksonville with its headquarters in Kansas City, Missouri. For more information, visit www.vantrustrealestate.com

About The New Albany Company
Established in 1987 as a private partnership, The New Albany Company is the primary developer of New Albany, a nationally recognized strategically-planned community in central Ohio that features a vibrant town center and cultural district, high quality schools, a country club community and a burgeoning business park.  In collaboration with civic leadership, The New Albany Company has spearheaded the growth and development of The New Albany International Business Park, one of the largest and fastest growing business parks in the country and home to several Fortune 100 companies representing more than $8 billion in private investment.

Maker of Nature Made vitamins picks New Albany for gummies plant, creating 225 jobs

June 28th, 2022

New Albany has scored another win for its growing health and wellness industrial sector: A popular vitamin brand is building a factory to supply growing demand in the Eastern United States, creating 225 jobs. Pharmavite plans to invest $200 million to build a 200,000-square-foot to 250,000-square-foot manufacturing and bottling facility at 13312 Jug Street Road NW, after buying the land and receiving required permits… Continue Reading

Want to know more about Intel in the Community?

May 17th, 2022

Intel has long been committed to investing in local communities to help make them more vibrant for everyone. This includes a commitment to sustainability and minimizing its impact on the environment. Find out more by watching this video.  See the Video

Innovating and Investing in Ohio: Learn more about Intel

February 3rd, 2022

Intel is planning to invest more than $20 billion in the construction of two new leading-edge chip factories in Ohio to boost production to meet demand for advanced semiconductors, power a new generation of innovative products from Intel, and serve the needs of foundry customers.

Spanning nearly 1,000 acres in Licking County, just outside of Columbus, the “mega-site” can accommodate a total of eight chip factories as well as supporting operations and ecosystem partners.

Read the press release at the Intel website ›

Intel’s Planned Investment in New Albany

February 3rd, 2022

On January 21, Intel announced that it has selected the Licking County portion of the New Albany International Business Park as the location for a $20 billion+ chip manufacturing project. The company plans to build two state-of-the-art factories by 2025. Intel’s selection of our business park will create many opportunities for New Albany, our region and the entire state, including:

  • thousands of new manufacturing and construction jobs;
  • new infrastructure in and around New Albany to support the project, including state funding to widen State Route 161;
  • and an even stronger emphasis on STEM education opportunities for our local schools, as well as 2-year and 4-year colleges and universities throughout the state of Ohio.

Read more at NewAlbany.org

Intel Announces Next US Site with Landmark Investment in Ohio

January 21st, 2022

LICKING COUNTY, Ohio, Jan. 21, 2022 – Intel today announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio. The investment will help boost production to meet the surging demand for advanced semiconductors, powering a new generation of innovative products from Intel and serving the needs of foundry customers as part of the company’s IDM 2.0 strategy. To support the development of the new site, Intel pledged an additional $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region.

Read more at the Intel website…

Vice president explains why Intel is ready to invest up to $100 billion in new Ohio sites

January 21st, 2022

Keyvan Esfarjani, Guest Columnist | The Columbus Dispatch

More than 40 years ago, Intel broke ground on a new factory in a small agricultural town just outside of Phoenix, Ariz.
What began life as an empty patch of desert farmland has since become a manufacturing powerhouse with an annual economic impact of nearly $10 billion.
Today, Intel employs more than 12,000 people in Arizona and drives a vibrant community of supporting services and suppliers with a magnitude on the order of a small city.

Read more at The Columbus Dispatch…

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