Holliday Fenoglio Fowler (HFF) has obtained $142M in financing for the development of a mixed-use lifestyle project, known as Pinecrest, in Ohio, US.
Japanese automaker Honda is set to invest $124M in the construction of a multifunctional aeroacoustic wind tunnel facility in East Liberty, Ohio.
US-based Charter Steel has unveiled plans to build a new $150M Special Bar Quality (SBQ) bar mill in Cleveland, Ohio.
Courier company UPS is set to expand its main ground package hub in Columbus, Ohio as part of the company’s multi-year plan to upgrade network operations and capacity.
US-based company Cologix has announced a $130M project to expand its data centre and interconnection footprint in Columbus, Ohio.The 15,000sq m, 18+MW data centre will be located on its current eight-acre campus in Columbus. It will be directly connected to the company’s existing data centres in Ohio.Cologix CEO Grant van Rooyen said: "Large enterprises are increasingly interested in outsourcing internal data centres with an eye toward leveraging cloud services for some aspects of their IT systems."Until now, there has not been a neutral facility in Columbus that can combine connectivity with the scale that can support large cloud and enterprise deployments, and we are excited to address that need with our new data centre."The company has secured all required permissions and expects to break ground immediately with its construction partners Parallel Technologies and Kraus Anderson. The project is anticipated to create 128 full time jobs in the region and the first phase of the project is expected to be operational in mid-2017.
Nationwide Children’s Hospital has unveiled details of the second phase of its master facilities plan to expand the hospital existing campus in Ohio, USA.The centrepiece of the $730m project will include the construction of a new eight-storey behavioral health pavilion on the main hospital campus. The building, estimated to cost $158M, will eventually accommodate up to 66 inpatient beds. The facility is anticipated to break ground by the end of 2017, and open in 2020. The project will also involve the construction of a $28M parking garage, expected to be complete in mid-2020.Phase II will also include a 20,600sq m Livingston ambulatory building, a 20,400sq m research building, a Near East office building with 800 parking stalls, a data centre, and a central energy plant.In addition, the Livingston Park will be upgraded, the existing childcare centre will be renovated and 51 inpatient beds and five additional operating rooms will be added to the main hospital.The second phase of the hospital master facilities plan is slated to be complete in 2022.
NTE Energy has announced that it is developing three natural gas-fired electric generating facilities involving a total investment of around $2bn.The three facilities will include the Pickaway Energy Center (Pickaway County, Ohio), the Killingly Energy Center (Killingly, Connecticut) and the Reidsville Energy Center (Rockingham County, North Carolina).
ProMedica Toledo Hospital has broken ground on the new $300m project at Toledo, Ohio.The new building, known as Generations Tower, will replace the 86-year-old Legacy Tower on North Cove Boulevard. The 615,000 sq ft tower will house 320 patient rooms.The project design has integrated environmentally-friendly building principles, such as glass curtain walls to increase natural light, energy-conserving mechanical, electrical and plumping systems, and long-lasting terracotta masonry panels.Construction work is expected to continue through the autumn of 2017. Work will continue for two more years to install mechanical, electrical, and plumbing systems, build parking lots and provide finishing touches to the tower. The tower is expected open to patients by the end of 2019, and will create more than 1,000 construction jobs in the region.
Siemens Financial Services (SFS) and Macquarie Infrastructure Partners III (MIP III) have agreed to construct a natural gas-fueled power plant worth more than $800m on a 150-acre property in Lordstown, Ohio. MIP III and SFS will provide 73% and 27% of the equity investment to help realise the project.Siemens has been chosen as the turnkey supplier for the 940MW natural gas-fired combined cycle power plant. The company will supply two gas turbines, one steam turbine, two generators as part of the gas turbine packages, one generator as part of the steam turbine package, and an integrated plant control system. The clean power produced at the Lordstown Energy Centre will be delivered to the PJM market, which serves approximately 800,000 homes. The plant will replace a portion of the more than 18GW of coal-fired generating capacity in the region.Clean Energy Future, the developer of the project, will retain an interest in the project, which is slated to be operational in summer 2018.During the development and construction phase, approximately 450 people will be employed in union positions. A consortium of banks led by Industrial & Commercial Bank of China, Credit Agricole, Bank of America Merrill Lynch and Investec will finance the project with a $445m term debt.Siemens Power and Gas Division North America sales head and senior vice president John Gibson said: “As we look at the future of power generation in the United States, projects like the Lordstown Energy Center provide an example of how communities can harness cleaner-burning and affordable natural gas to provide efficient and reliable power.”
Aecom Capital and FFP New Hydro have formed a new partnership to develop and build six hydropower projects on the Muskingum River in southeastern Ohio.The six projects, developed by the Muskingum River Hydro partnership, are expected to produce a total of 23MW, which is sufficient to power 11,500 households. The projects will entail an investment of over $100m.Four of these projects have already secured Federal Energy Regulatory Commission licenses. The low-impact generation facilities will be added to existing lock and dam structures, which are owned and operated by the Ohio Department of Natural Resources.The projects are anticipated to commence construction in 2017 and will be operational by 2018. Each project is anticipated to create 100 to 150 jobs during the construction phase, and continued staffing and service employment during operations.Aecom Capital CEO John Livingston said: “Muskingum River Hydro LLC represents an attractive opportunity for Aecom Capital to strengthen our commitment to clean energy projects and invest and develop in new hydropower on existing dams alongside the industry leading team of investors and developers at FFP New Hydro.”