Thor Equities: Urbana, Ohio

Lewis B Moore Dr

In Doubt

The development is facing regulatory or community opposition

Columbus

Metro
Ohio

State
Midwest US

Region
United States

Country
North America

Region
Americas

Region

Thor Equities: Urbana, Ohio

Year Planned: 2028

Lot Size: 48 acres

Thor Equities is venturing into the western Ohio market with a proposed $1 billion data center campus known as the Urbana Technology Hub. Located on a 47.6-acre site near the Rittal factory, the project envisions a 460,000 sq ft, single-story facility designed with sustainability in mind, featuring closed-loop cooling and private funding for all necessary grid upgrades.

While the development promises approximately $6 million in tax revenue for the City of Urbana and its school system, the project's future has become increasingly precarious. On April 22, 2026, the Urbana City Council moved to repeal the zoning ordinance that currently permits data centers on light industrial land, leaving the fate of the "Form8tion" unit's latest expansion hanging in the balance.

Map and Nearby Locations:

Lewis B Moore Dr

Thor Equities Group Sites

Nearby Facilities

Sites within 15 miles of Thor Equities: Urbana, Ohio

Distance	Site	About
12.26 miles	5CDC: Columbus CMH01	5C Data Centers, a Canadian operator, acquired a live data center and plans to develop it into a campus named CMH01.
12.32 miles	LexisNexus Springfield

Thor Equities: Urbana, Ohio Data Center Photos (See all)

Operating Company

Thor Equities is a leader in the development, leasing and management of office, industrial, laboratory, residential, hotel and mixed-use assets in premier urban locations worldwide. The company operates in major cities around the globe and has a property portfolio totaling $20 billion with a development pipeline in excess of 50 million square feet. Thor has a strong presence on three continents and in addition to its US holdings, the company has assets in European gateway cities including London, Paris, Madrid, and Milan, and is the largest developer in Mexico through its Latin American division with a development pipeline of over 18 million square feet. Thor maximizes returns for institutional investors by recognizing a property’s potential, reducing operating expenses, increasing tenant satisfaction, leveraging market trends to maintain a long-term competitive edge. For more information, visit www.thorequities.com.

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