Category: Development News

Biden to Visit New Albany for Intel Groundbreaking

Following the signing of the CHIPS Act, President Joe Biden announced plans to attend the upcoming Intelgroundbreaking ceremony, according to a recently released White House memo. No date has been set, but road construction and land preparation has already begun on the first two state-of-the-art chip manufacturing factories at

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CHIPS Passage Bolsters Intel’s Plans

The historic CHIPS Act — Creating Helpful Incentives to Produce Semiconductors — will not only help New Albany, the Columbus Region and Ohio, it will help to create “a new epicenter for advanced chipmaking in the U.S. that will bolster Intel’s domestic lab-to-fab pipeline and strengthen Ohio’s leadership in research

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VanTrust Plans New Industrial Park for Intel Suppliers

Noting New Albany’s “incredible momentum,” VanTrust executives have announced plans for a new development, New Albany Tech Park that will be located in the New Albany International Business Park just south of Intel’s planned semiconductor manufacturing campus. VanTrust expects to break ground on multiple projects within the tech park before

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Pharmavite to Join Health & Life Science Cluster

Pharmavite LLC, makers of Nature Made® vitamins and a pioneer in the health and wellness industry, has announced plans to expand into New Albany, investing more than $200 million and creating 225 new jobs in the city’s fast-growing health and life sciences cluster. The city and region’s rapid emergence

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Website Lists Top 10 Reasons to Invest Here

Want to know why New Albany attracts and retains a remarkable range of businesses, from global headquarters and R&D facilities to industry leaders in information technology, high tech manufacturing, personal care and beauty and the life sciences? From its proactive, collaborative planning and 25 percent faster permitting to its highly

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Google Triples Its Presence in New Albany

Google, one of the top three global leaders in the information technology industry, announced plans to invest $1 billion to expand its operations at the New Albany International Business Park. The City’s state-of-the-art infrastructure, shovel- and technology-ready sites, streamlined planning process, fast-track permitting and availability of land, as well

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Market Forces Drive Speculative Industrial Appeal

New Albany has seen strong, steady demand for space from both existing companies seeking to expand as well as new companies seeking to build their presence here.

The central location, four highway interchanges and ease of working with community development officials led to the announcement of an additional 2.6 million

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Learn How New Albany Gets Business on New Website

The New Albany Community Development Department has launched a new website to provide the information and resources that existing and prospective businesses need to support and grow their presence in New Albany. The new site includes a data-by-site feature that details size, location, utility capacities, taxes and other information and

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New Albany Lands Intel and Historic $20+ Billion Investment

“Advanced manufacturing, research and development, and talent are part of Ohio’s DNA, and we are proud that chips – which power the future – will be made in Ohio, by Ohioans.”

Ohio Gov. Mike DeWine

Intel recently announced plans to invest an initial $20+ billion in the construction of two

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Intel, Amgen Demonstrate Value of Strategic Planning

New Albany’s record-setting pace of growth is exactly what the City has proactively planned for since its first strategic plan, which was written in 1998 based on community input and sound planning principles. By planning strategically, the city can anticipate, direct and shape growth rather than react to it while

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Spec Building Projects Underscore Park’s Appeal

“The industrial market in New Albany continues to attract top brands looking for premier logistics and distribution space. We are thrilled that Takeya USA chose this building in New Albany.”

                                                                                    Phil Rasey, Vice President, VanTrust 

New Albany International Business Park continues to attract new speculative building projects to meet growing …

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Google Commits $1 Billion to Park Expansion

Google, one of the top three global leaders in the information technology industry, has announced plans to invest $1 billion to expand its New Albany data center operations. In 2019, Google broke ground on a $600 million data center complex on 441 acres of land off of Beech Road. The …

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Columbus Monthly Spotlights New Albany

From its pedestrian-friendly Village Center, expanding cultural and recreational options and A-rated schools to the New Albany International Business Park, a Columbus Monthly Suburban Section puts the spotlight on the city’s many assets and accomplishments. Learn why 24/7 Wall Street recognized New Albany as the best city to live in …

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Google Commits $1 Billion to New Albany Expansion

Google, one of the top three global leaders in the information technology industry, has announced plans to invest $1 billion to expand its New Albany data center operations. In 2019, Google broke ground on a $600 million data center complex, its first in the city, on 441 acres of land …

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Speculative Building Projects Underscore Park’s Appeal

New Albany International Business Park continues to attract new speculative building projects to meet growing market demand. Tenby Partners and Oakridge Development have formed a joint venture to invest $6.75 million to develop a 130,000-square-foot facility. Scannell Properties is also planning its first development here, a $30 million investment in …

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