In a decisive move that bolsters central Ohio's position as an emerging tech hub, Microsoft has announced plans to develop a $420 million data center. According to WHIO, the facility will span 245,000 square feet and sit on nearly 200 acres in New Albany, a city increasingly attracting high-profile tech residents.
WBNS reports that the construction is slated to commence next July, with an estimated completion by December 2027. The project gained momentum after New Albany City Council approved a 100% property tax abatement for 15 years, showcasing the city's supportive stance on technological investment and growth. The data center is expected to generate at least 30 full-time jobs with an aggregate annual payroll of $1.5 million, a modest but sustained economic boost for the locality.
Meta and Google are among the pioneering tech stalwarts that laid the foundations in New Albany, each establishing its data centers. Building upon this narrative of innovation and expansion, Microsoft's new venture symbolizes an infrastructure investment and a commitment to the region's economic development and diverse business portfolio.
