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Amazon eyeing billion-dollar investment in Central Ohio

Home Forums General Columbus Discussion Development Amazon eyeing billion-dollar investment in Central Ohio

This topic contains 35 replies, has 26 voices, and was last updated by  Nancy H 4 years ago.

Viewing 15 posts - 1 through 15 (of 36 total)
  • Author
    Posts
  • #1036831
    MichaelC
    MichaelC
    Participant

    Yowza.

    The online retailing giant’s Vadata Inc. data center affiliate was approved for two state tax credits worth more than $81 million from the Ohio Tax Credit Authority to locate a data center project here. A 15-year, 100 percent sales tax exemption for the facility will leverage 120 projected jobs and an estimated $1.1 billion investment over several years, according to a project summary released by the Ohio Development Services Agency.

    The 120 jobs will have a combined annual payroll of $9.63 million within three years, or an average salary of $80,000, the state said. A 15-year, 75 percent state income tax credit also approved Monday will generate another $4 million in savings for Vadata.

    #1036838
    Jason Powell
    Jason Powell
    Participant

    Yowza is right! I hope this doesn’t end up in the middle of a cornfield, although the parcel will need to be pretty large. From what I know, they tend to design their buildings sustainably as well…green tech.

    #1036843

    Pablo
    Participant

    Their HQ is in downtown Seattle, wonder if they’ll consider an urban location here?

    #1036844

    futureman
    Participant

    If this does occur, I would extremely surprised if it isn’t in New Albany or Dublin. This is a data center, with just a tiny amount of staff of 120. It will be in a cornfield and honestly I wouldn’t want something that huge in the middle of the city creating a huge dead zone all around it.

    #1036846
    Walker Evans
    Walker Evans
    Keymaster

    That’s almost as much money as Amazon just spent buying Twitch:

    http://t.joystiq.com/all/2014-08-25-twitch-confirms-amazon-purchase

    #1036876

    robertfoshizzle
    Participant

    I’m tired of all these billion-dollar companies getting huge tax breaks.

    #1036877
    Jeffersin
    Jeffersin
    Participant

    The state would start collecting tax revenue for Amazon purchases shipped to Ohio addresses once they have a physical location, I imagine that’s a nice chunk of change. Anyone know Amazon sales numbers for Ohio?

    #1036914

    NerosNeptune
    Participant

    I’m not sure if their datacenter affiliate counts for that?

    #1036923
    Walker Evans
    Walker Evans
    Keymaster

    If this does occur, I would extremely surprised if it isn’t in New Albany or Dublin.

    New Albany was my immediate thought. They’ve added several similar data center projects in the past 2 or 3 years.

    #1036992

    4kid
    Participant

    Why not the old AOL/CompuServe facility on Henderson Road in Upper Arlington? If memory serves, Tree of Life’s attempts to house a school/church at the site have been successfully blocked by the City.

    #1036996

    El Diablo Einstein
    Participant

    so where are they going to put the huge field of solar panels to power the thing?

    #1037000

    futureman
    Participant

    Why not the old AOL/CompuServe facility on Henderson Road in Upper Arlington? If memory serves, Tree of Life’s attempts to house a school/church at the site have been successfully blocked by the City.

    It isn’t nearly large enough. If this gets built here it would be absolutely massive. Probably in upwards of a 1 million sf … which would roughly be 9 times the size of a large Giant Eagle Market District or put another way 1 million sf would equal the size the Huntington Tower.

    #1037004
    MichaelC
    MichaelC
    Participant

    On the other end of the size spectrum is the McCoy Building–Chase’s sprawling facility on the north side–which is 2 million square feet.

    #1037019

    drew
    Participant

    …or put another way 1 million sf would equal the size the Huntington Tower.

    Now isn’t that a fun idea – a server tower!

    #1037020
    Snarf
    Snarf
    Participant

    I think they should put it where I think they should put it.

Viewing 15 posts - 1 through 15 (of 36 total)

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