Index Investing News
Saturday, May 23, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Aligned to Expand in Ohio With $200M Data Center Campus

by Index Investing News
October 1, 2023
in Property
Reading Time: 2 mins read
A A
0
Home Property
Share on FacebookShare on Twitter


Aligned CEO Andrew Schaap. Image courtesy of Aligned Data Centers

Aligned Data Centers has entered Ohio with the acquisition of a 129-acre land parcel in Sandusky, Ohio, for the development of a new data center campus. Public records show that a joint venture of Avgeris & Associates and Franklin Partners sold the property for $52 million. The vacant site was formerly occupied by General Motors, where it manufactured automotive equipment.

CEO Andrew Schaap said, in prepared remarks, that Aligned has experience with redeveloping brownfield projects that have lain dormant for years in communities, indirectly helping preserve greenfield sites for other uses.


READ ALSO: AI Drives Explosive Growth in Data Center Demand


Aligned intends to invest at least $202 million in the upcoming redevelopment, a company spokesperson told Commercial Property Executive. The site is at 2509 Hayes Ave. has 1.3 million square feet available for development and is equipped with power feeds capable of delivering up to 80 megawatts—expandable to more than 200 megawatts.

Plans call for four separate buildings, which can be adapted for cloud, AI, hyperscale or enterprise deployments. Power densities will range between 3 kW to more than 300 kW per rack.

The first of the four data centers, dubbed NEO-01, will feature Aligned’s patented waterless heat rejection technology, along with potentially other hybrid cooling solutions, depending on customer demands.

Ohio’s growing data center footprint

“As adoption of AI and ML compute continues to grow, along with capacity constraints—driven largely by land and power availability across North America—markets such as Northeast Ohio have become attractive due to readily available power, tax incentives and appreciation of the economic, environmental, and social opportunities that data centers bring to these regions,” the Aligned spokesperson told CPE.

Ohio provides tax incentives for data center companies that are willing to invest in the region. Investments of $100 million or more over a three-year period, along with total annual payrolls greater than $1.5 million, are eligible for total or partial exemption of up to 100 percent of sales taxes.

The state has a growing data center footprint, with operators including Cologix, H5, Flexential, Cyxtera, along several others.

In June, Amazon announced plans to invest $7.8 billion in Ohio, for the construction of more AWS data centers. The project is estimated to generate 230 direct jobs, along with 1,000 secondary ones. Amazon’s announcement was the second-largest private investment in Ohio’s history, following Intel’s $20 billion commitment in Licking County.

Aligned’s expansion in Ohio will bring the company’s total to eight states in which it operates data centers, along with Illinois, Texas, Oregon, Arizona, Maryland, Utah and Virginia.



Source link

Tags: 200mAlignedcampuscenterDataexpandOhio
ShareTweetShareShare
Previous Post

market outlook: Tech View: Nifty forms small green candle. What traders should do next week

Next Post

How Do I Find an Investor-Friendly Lender?

Related Posts

 Million Airform ‘Bubble House’ Was Built Using a Giant Balloon

$2 Million Airform ‘Bubble House’ Was Built Using a Giant Balloon

by Index Investing News
May 23, 2026
0

Architect Wallace Neff's iconic Airform "bubble house" has returned to the market in Los Angeles County for the first time...

Inside Actress Andie MacDowell’s Sprawling South Carolina Home

Inside Actress Andie MacDowell’s Sprawling South Carolina Home

by Index Investing News
May 19, 2026
0

In 2023 the actress Andie MacDowell turned 65 and took due note of another milestone: She had been living in...

Curb Appeal Isn’t Just For Listings. Agents Need It, Too

Curb Appeal Isn’t Just For Listings. Agents Need It, Too

by Index Investing News
May 15, 2026
0

The next time you’re telling your clients to spruce up their listing, coach Darryl Davis writes, take a look at...

Just Listed | 11211 Prosperity Farms Road #B203 & 204

Just Listed | 11211 Prosperity Farms Road #B203 & 204

by Index Investing News
May 7, 2026
0

Double office suite for Sale in Palm Beach Gardens PRETTY IN PALM BEACH GARDENS2,034 sqft  Double office suite in Palm...

Virginia Greek Revival Estate Finds a Buyer at .25 Million in Just 2 Days

Virginia Greek Revival Estate Finds a Buyer at $4.25 Million in Just 2 Days

by Index Investing News
May 3, 2026
0

A one-of-a-kind Georgian manor located just 20 minutes from Richmond, VA, has found a buyer after just two days on...

Next Post
How Do I Find an Investor-Friendly Lender?

How Do I Find an Investor-Friendly Lender?

Local retailers must up their game or risk losing customers who’ve taken a sh(e)ine to fast fashion

Local retailers must up their game or risk losing customers who’ve taken a sh(e)ine to fast fashion

RECOMMENDED

Mark Kelly outraises Blake Masters ahead of midterms

Mark Kelly outraises Blake Masters ahead of midterms

October 16, 2022
Pfizer has elevated costs on over 60 medicine within the U.S. as of Jan. 1

Pfizer has elevated costs on over 60 medicine within the U.S. as of Jan. 1

January 4, 2025
Netflix, IBM, Disney and extra

Netflix, IBM, Disney and extra

April 20, 2022
Worth of electrical energy to rise by lower than deliberate

Worth of electrical energy to rise by lower than deliberate

December 25, 2024
Banking Q3 Results Review: Private bank loan growth better than public peers; SBI bucks trend

Banking Q3 Results Review: Private bank loan growth better than public peers; SBI bucks trend

February 20, 2024
Provide Chains and Protectionism – Econlib

Provide Chains and Protectionism – Econlib

September 5, 2024
My Weekly Studying for December 15, 2024

My Weekly Studying for December 15, 2024

December 15, 2024
Russian Media on Trump Pivot: ‘We Have Received’

Russian Media on Trump Pivot: ‘We Have Received’

February 21, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In