NYC developer in hot pursuit of Albany data center
Even as a data center moratorium sits on Gov. Kathy Hochul’s desk, awaiting a signature, a zoning change could push forward a development right in the state capital. EKG Group’s Michael-Henry Elghanian-Krayem is pushing to rezone into the “light industrial” classification at the Kenwood Commons site, the Times Union reported. The 76-acre site is zoned for a mixed-use campus today and needs numerous approvals to go forward, including at least two revisions to the city’s zoning regulations. The rezoning would allow for both a data center and a broader technology campus. The $570 million project consists of a 500,000-square-foot data […]
This article originally appeared on The Real Deal. Click here to read the full story.
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