Index Investing News
Tuesday, June 16, 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

SpaceX IPO Will Trigger a Massive South Texas Housing Boom

SpaceX IPO Will Trigger a Massive South Texas Housing Boom

by Index Investing News
June 12, 2026
0

SpaceX made its stock market debut on Friday, minting a fresh crop of millionaire employees who are expected to fuel...

After a Breakup, an American Started Fresh in Amsterdam

After a Breakup, an American Started Fresh in Amsterdam

by Index Investing News
June 8, 2026
0

Maia Kenney was living in Utrecht, the centrally located city in the Netherlands, while she built a career in the...

Follow the Demand: Finding Growth Opportunities in a Challenging Housing Market

Follow the Demand: Finding Growth Opportunities in a Challenging Housing Market

by Index Investing News
June 4, 2026
0

The housing market is shifting. Existing-home sales remain sluggish, competition is intense, and buyers’ expectations are evolving. Yet while some...

Just Listed | 12871 Briarlake Drive #103

Just Listed | 12871 Briarlake Drive #103

by Index Investing News
May 27, 2026
0

Light and bright condo for Sale in Eastpointe ELEGANT IN EASTPOINTE2 Beds | 2 Baths This updated condo is light and...

 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...

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

Asia-Pacific markets higher ahead of Fed minutes and BOJ outlooks

Asia-Pacific markets higher ahead of Fed minutes and BOJ outlooks

February 20, 2023
Iran launches strikes on Israel’s ‘spy headquarters’ in Iraq

Iran launches strikes on Israel’s ‘spy headquarters’ in Iraq

January 16, 2024
Press failed in Trump interview

Press failed in Trump interview

August 17, 2024
Brushing Off The Mud From Skyworks Options’ Disastrous Monetary Report (NASDAQ:SWKS)

Brushing Off The Mud From Skyworks Options’ Disastrous Monetary Report (NASDAQ:SWKS)

February 12, 2025
How I Retired in My Mid-30s Whereas Working Simply 4 Hours a Week

How I Retired in My Mid-30s Whereas Working Simply 4 Hours a Week

August 30, 2024
Bulls Could Be Back For Solana If It Is Above This Level

Bulls Could Be Back For Solana If It Is Above This Level

December 18, 2022
Opinion – A New Chilly Struggle?

Opinion – A New Chilly Struggle?

April 25, 2022
Dani Alves: Brazil manager Tite explains defender’s World Cup squad inclusion

Dani Alves: Brazil manager Tite explains defender’s World Cup squad inclusion

November 8, 2022
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