Thor Equities Group has significantly expanded its plans for the Van Wert "Mega Site" since its initial 221-acre acquisition from the Marsh Foundation. Now spanning approximately 900 acres following recent land annexations, the campus is designed to support a massive power capacity with an estimated long-term investment reaching $10 billion.
While physical construction on the data center buildings is slated to begin in the third or fourth quarter of 2026, current activity is focused on infrastructure readiness, including road extensions and the development of high-capacity substations. The project will utilize closed-loop cooling systems to protect local water resources and is projected to generate $200 million in tax revenue for Van Wert County over the next 15 years.
| Distance | Site | About |
|---|---|---|
| 2.46 miles | QTS: Van Wert |
QTS has been named as the end user/operator for the Van Wert Mega Site data center project in northwest Ohio.
|
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.
.jpg){kind=logo}
September 14, 2026 Thor Equities Group
Real estate investment firm Thor Equities has submitted plans for a 150MW data center in Kingston, Bartow County, Georgia. Filed through Thor Acquisitions WC LLC, the $1 billion project is targeted for completion in 2030. Dubbed the Kingston Technology Hub, the project is expected to generate...
Read more
July 31, 2026 Ohio
French energy and water utility Veolia has been selected to operate and maintain a 350MW microgrid powering an undisclosed AI data center campus in Ohio. The behind-the-meter energy system is designed to supply 100% of the facility’s power needs, combining gas engines, linear generators, and a...
Read more
July 22, 2026 Ohio
Cervenka Development Partners is exploring a potential data center project in Amherst, Ohio. The company has applied for a zoning variance to allow data center use on industrial land parcels along Nordson Drive. The request will be reviewed by the City of Amherst Zoning Board of Appeals on July...
Read more
May 18, 2026 Ohio
Cleveland, Ohio, has turned down Lakeland Equity Group’s $1.6 billion plan to develop a data center campus. Mayor Justin M. Bibb announced on May 14 that the city had denied the permit for the proposed facility, which was planned for a 35-acre site at 3560 E 55th St. Lakeland described the...
Read more
May 08, 2026 Ohio
Private credit firm Lakeland Equity Group has filed plans for a $1.6 billion data center project in Cleveland, Ohio. The proposal outlines a 150MW campus on a 35-acre site at 3560 E 55th St, currently owned by trucking company Morabito Enterprises. The development could include three two-story...
Read more
Mar 12, 2026 Eric Bell World
Go to Podcast
Jan 15, 2026 Eric Bell Applied Digital
Go to Podcast
Jan 05, 2026 Eric Bell Dallas
Go to Podcast
Sep 04, 2025 Eric Bell Texas
Go to Podcast