The New Albany City Council in Ohio has recently entered into an agreement with QTS Data Centers, a Kansas-based co-location provider. This partnership will result in an investment of approximately $1.5 billion from QTS to build four data centers within the city.
QTS plans to construct two data centers on each of the two plots of land they have purchased. According to Sara Zeigler, economic development manager for New Albany, these data centers will bring diversification and new business opportunities to the community. She also notes that QTS has a strong track record of investing in their host communities.
This deal is expected to generate significant revenue for New Albany through its negotiated revenue structure with data centers – equivalent to what would typically be received from Class A office sites as income tax. The potential benefits make this partnership a valuable addition for both parties involved.
