Vantage Starts $2B Ohio Data Center Project
The first building is on track to open late next year.
Vantage Data Centers has entered the Midwest with a $2 billion investment. The company has broken ground on a 192-megawatt campus, with Tuner Construction serving as general contractor.
Dubbed OH1, the facility will be situated on 70 acres in New Albany, a suburb northeast of Columbus, Ohio. Upon completion, it will total more than 1.5 million square feet.
Designed to achieve LEED Silver certification, OH1 will be constructed to meet the company’s sustainability blueprint, which is targeting net zero operational carbon emissions by 2030. The campus will employ more than 1,500 people through construction and long-term operations.
Ohio is the fifth market in Vantage’s national hyperscale portfolio. The first building on the new campus is slated to open in late 2025.
Alongside the development, Vantage is partnering with the New Albany Community Foundation and the Columbus State Community College Foundation. It aims to positively impact the community through influencing its talent, health, housing affordability, job creation and education.
Earlier this year, Vantage completed a $9.2 billion equity raise to fund its growth nationwide and in the EMEA region. The fundraise was oversubscribed by $2.8 billion, a sign of global investors’ bullishness on the data center industry. Vantage estimated that the funding would drive some $30 billion of additional development, accelerating its capacity to partner with global hyperscalers.
You must be logged in to post a comment.