Developers Plan Multi-Use Tech & Distribution Park

A joint venture between Lincoln Property Company and Harrison Street announced the acquisition of a 190-acre site in the New Albany International Business Park to construct a multi-use technology and distribution park for data centers and industrial users and operators. The Silicon Heartland Innovation Park, adjacent to Intel’s planned 1,000-acre chip campus, is expected to accommodate the “rapid inflow of advanced manufacturing, hyperscalers and e-commerce businesses” resulting from Intel’s $20 billion investment here. READ MORE

“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.”

Silicon Heartland Innovation Park will provide access to recently expanded road systems, dual 345 KVA transmission lines, reliable electrical service, substantial water resources and a robust fiber network. The site 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 near several nearby colleges and universities, including The Ohio State University.

LPC’s Chicago-based Midwest team, will begin immediate construction on the first phase of the campus that will include a speculative 175,000 square foot, 32′ clear warehouse and a modern 446,000 square foot cross dock distribution building. Both buildings are expected to be completed in the second quarter of 2023.

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,” said Martin Peck, executive vice president, Lincoln Rackhouse. “The location in New Albany, Ohio offers the perfect environment for the next phase of large hyperscale and colocation growth.”