A Washington, D.C., company is planning to invest $1 billion in a data center near the new Intel site in New Albany.
A Washington, D.C., company is planning to invest at least $1 billion in a data center near the newDBT-DATA bought the 93-acre parcel, on the southwest corner of Jug and Mink streets, in August for $20.8 million.
The company, a subsidiary of DBT Development Group, plans to build three or four buildings totaling about 1 million square feet on the site. The number of buildings and layout of the development will depend on user needs, said David Tolson, the CEO of DBT Development. "We have about six months of planning before the site plan configuration is determined," said Tolson, adding that he expects preliminary site work to begin in about three months.Tolson said his firm was drawn by the electrical and fiber-optic infrastructure on the site, which is in the New Albany International Business Park. He said the proximity of other data centers, and service providers that serve the industry, was also a draw.
“The strategic planning and investment in power and internet infrastructure were important factors in our decision to develop in New Albany,” Tolson said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
France's intel agency tracking Muslims over their political viewsFrench territorial intelligence has prepared files on many Muslims for expressing their support for Jean-Luc Melenchon, leader of La France Insoumise party, who voiced opposition against anti-Muslim hatred, according to a media report.
Read more »
Asus launches Intel HX business laptop, and it's a beast | Digital TrendsAsus' ExpertBook laptop series that is being announced at IFA has a professional user focus.
Read more »
Why Trump’s Stated Excuse for Taking Classified Documents Is Actually Deeply IncriminatingAn adversary could initiate countermeasures designed to deny further collection of intel or use sources and methods for deception or disinformation.
Read more »
$1 billion data center planned for New AlbanyA Washington, D.C., company is planning to invest $1 billion in a data center near the new Intel site in New Albany.
Read more »