Quality Technology Services (QTS), a Kansas-based real estate investment fund announced plans to build a new datacenter campus in New Albany. 

The $1.5 billion megaproject adds to a growing list of datacenter megaprojects in Central Ohio. A megaproject is any private-funded construction project that costs $1 billion or more.

According to a Bizjournal report, QTS purchased 93 acres of land in late October for $11.2 million. The land is split into two plots on Beech Road. 

The first property is 56 acres, where two datacenters will be built totaling 885,600 square feet. The second plot is 37 acres, and the two other datacenters will total roughly 612,600 square feet. Continue reading →