c8431bb3-eeb4-48dc-85df-50c991c08409 | 2023-11-28 | NVIDIA | Construction | $200 million development. The new three-story, 150,000-square-foot complex will employ a NVIDIA supercomputer | Jen-Hsun and Lori Huang Collaborative Innovation Complex Ground is expected to broken by the end of this year on Oregon State University’s new $200 million development. The new three-story, 150,000-square-foot complex will employ a NVIDIA supercomputer to support faculty in addressing complex and challenging computational problems. It will also feature an extended reality theater and cyber-physical playground with next-generation robotics. Andersen Construction will serve as the general contractor for the complex designed by ZGF Architects. | Oregon State U | https://leadership.oregonstate.edu/cic | Oregon | OR | Corvallis, OR | 15800 | 97331 | 44.56222034 | -123.2823441 | Commercial Projects | Value | USD - Millions | 200 | | | | 2025-01-27 |
335aada5-3ab9-410d-bd51-32b950078b80 | 2023-12-14 | INTEL | Construction | Intel's $20 Billion Semiconductor Factory in New Albany, Ohio | Costco store here should be opening its doors in spring 2025, developers said.
The development — comprising a Costco Wholesale Corp. store, 18-pump gas station, stores, restaurants and 378 apartment units — is being built on 49 acres on Kanner Highway just south of Martin County High School. A public road, built and paid for by developers, will run through the project, connecting Kanner Highway and Willoughby Boulevard.
Additional information on <Source> | Spectrum News 1 | https://spectrumnews1.com/oh/columbus/news/2023/09/26/intel-is-a-year-after-groundbreaking- | Ohio | OH | New Albany, OH | 53970 | 43031 | 40.12464535 | -82.71071444 | Commercial Projects | Value | USD - Billions | 20 | | | | 2025-01-27 |
2515d702-ca2c-4707-86da-7d9df9da8d60 | 2024-01-24 | | Construction | Key Milestones in South Dakota's Prison Construction Project | The construction of new prisons in South Dakota, initially budgeted at $390.9 million, is experiencing significant cost overruns.
The price could rise to $656.2 million due to a $27 million shortfall for the women's prison in Rapid City and an additional $238.2 million for the men's prison in Sioux Falls.
Inflation, supply chain issues, and workforce shortages could further escalate costs, potentially exceeding $1 billion.
- The project, which aims to employ around 400 people, was introduced in 2023 and is expected to complete by 2026. The progress in the coming years is crucial given these challenges.
Additional information on <Source>
| Nebraska Examiner | https://nebraskaexaminer.com/2024/01/05/price-tag-for-new-south-dakota-prisons-already-historic-could-grow-significantly/ | South Dakota | SD | Rapid City, SD | 52980 | | | | Infrastructure Projects | Value | USD - Millions | 390 | | | | 2025-01-27 |
79ff5f84-adae-4ff1-89d2-d55acc320784 | 2024-01-25 | | Construction | Raleigh's BRT Line Development: A Catalyst for Urban Growth and Redevelopment | - Raleigh is developing a 5.4-mile BRT line, starting early 2024, operational by late 2025.
- The project includes rezoning 744 properties along New Bern Avenue.
- The city invested $20 million in a government building for redevelopment into private offices.
- The BRT line will feature pedestrian and cyclist paths.
- Expected to drive local development, but raises concerns about gentrification and affordable housing.
- The project's scope includes direct city engagement in property redevelopment, including the former DMV headquarters.
Additional information on <Source> | Transit Talent | https://www.transittalent.com/articles/index.cfm?story=Raleigh_BRT_Line_Development_1-17-2024 | North Carolina | NC | Raleigh, NC | 55000 | | | | Infrastructure Projects | Value | USD - Millions | N/A | | | | 2025-01-27 |
bd639dfe-2fcb-4b31-b29e-a5e7ba038d9d | 2024-01-29 | Microchip | Construction | Biden Administration's $162 Million Funding Boosts Microchip Technology in Colorado and Oregon | - The Biden administration awarded $162 million from the CHIPS and Science Act to Microchip Technology for expansion in Oregon and Colorado.
- The funding aims to triple the company's production capacity and create over 700 jobs.
- Microchip Technology produces components crucial for consumer and defense products like electric vehicles, smart devices, and medical equipment.
- The fund distribution includes $90 million for a Colorado plant and $72 million for an ongoing $800 million expansion in Oregon.
- This funding is part of efforts to strengthen U.S. semiconductor manufacturing and reduce reliance on foreign suppliers.
Additional information on <Source> | U.S News | https://www.upi.com/Top_News/US/2024/01/04/biden-administration-announces-162-million-microchip-technology-oregon-colorado/9371704373952/ | Colorado | CO | Colorado Springs, CO | 16000 | | | | Commercial Projects | Value | USD - Millions | 162 | | | | 2025-01-27 |
f8f5f43a-bf8e-4c96-8830-442cc01560de | 2024-01-30 | Amazon | Construction | Mississippi's Major Investment: Incentives for Amazon Data Centers Set to Boost Jobs and Infrastructure | - Mississippi lawmakers approved incentives for Amazon Web Services to build two $10 billion data centers in the state.
- A $44 million incentive package was approved, with $32 million allocated for job training.
- The project is expected to create 1,000 jobs with average salaries over $66,000.
- The data centers, Amazon's largest-ever corporate investment in Mississippi, could open by 2027.
- Madison County will borrow $215.1 million for infrastructure improvements, repayable by Amazon's fees in lieu of taxes.
- The initiative includes associated energy projects across Mississippi, promoting statewide investment.
Additional information on <Source> | Insurance Journal | https://www.insurancejournal.com/news/southeast/2024/01/30/758592.htm | Mississippi | MS | Jackson, MS | 36000 | | | | Data Center Projects | Power Comsumption | MWh | N/A | Square Feet Area | Square Feet | N/A | 2025-01-27 |
c4344398-a400-4017-b9ff-72c237daeaff | 2024-02-02 | SK Hynix | Construction | SK Hynix Poised to Boost U.S. Semiconductor Industry with Potential $15 Billion Investment in Indiana | - SK Hynix Inc. is leaning towards Indiana over Arizona for a $15 billion advanced packaging facility, marking a significant U.S. investment aimed at enhancing the semiconductor supply chain.
- The company announced its plans in 2022 and intended to select a site by the first half of 2023, with Indiana currently favored but Arizona still under consideration.
- Despite a Financial Times report suggesting Indiana has been chosen, an SK Hynix spokesperson stated that no final decision has been made.
- The project is vital for U.S. efforts to improve advanced packaging capacity, addressing a bottleneck in revitalizing the domestic semiconductor industry. The U.S. holds only 3% of the global packaging capacity.
- The U.S. aims to reduce dependence on Asian semiconductor supply chains, with over $230 billion pledged for domestic investments in the sector since President Joe Biden's tenure began, largely influenced by the 2022 Chips
Act.Texas, New York, and Arizona have been the primary beneficiaries of these investments, with Arizona attracting more than $60 billion.
- Indiana's semiconductor industry has seen over $2 billion in investments, significantly less in comparison.
- SK Hynix's potential choice of Indiana would bolster the state's position in the semiconductor industry and is seen as a win for Senator Todd Young, a key proponent of the Chips Act, highlighting Indiana's strategic advantages
and political support.
Additional information on <Source> | Fortune | https://fortune.com/asia/2024/02/02/indiana-sk-hynix-chip-packaging-plant/ | Indiana | IN | West Lafayette, IN | 82862 | | | | Commercial Projects | Value | USD - Billions | 15 | | | | 2025-01-27 |
c101f3b7-cc07-4569-a684-7908b50b9dfa | 2024-04-08 | TSMC | Construction | Arizona's Semiconductor Boom: Taiwan Semiconductor Manufacturing's Monumental Investment | - Taiwan Semiconductor Manufacturing and the U.S. Department of Commerce have signed a preliminary memorandum of terms for up to US$6.6 billion in funding under the CHIPS and Science Act, specifically for TSMC Arizona.
- Plans to build a third fab at TSMC Arizona mark the largest foreign direct investment in Arizona history, totaling over US$65 billion in capital expenditure.
- The third fab strengthens Arizona's semiconductor industry, creating approximately 6,000 direct high-tech, high-wage jobs and numerous indirect jobs, boosting the state's economy.
- Production at the first fab, leveraging 4nm technology, is expected to begin in the first half of 2025, positioning Arizona as a semiconductor manufacturing hub.
- Green manufacturing practices at TSMC Arizona, including a 90% water recycling rate, align with Arizona's focus on sustainability and environmental responsibility.
- The PMT proposes up to US$5 billion in loans, alongside the US$6.6 billion in direct funding, signaling significant financial support for Arizona's semiconductor industry.
- TSMC's expansion in Arizona reinforces the state's leadership in technology and innovation, attracting further investment and talent.
- Long-term financial goals, including revenue growth and high return on equity, demonstrate confidence in Arizona's semiconductor ecosystem and its potential for sustained success.
- All TSMC overseas investments, including those in Arizona, are subject to regulatory approvals in Taiwan, ensuring compliance and transparency in the investment process.
Additional information on <Source> | tsmc | https://pr.tsmc.com/english/news/3122 | Arizona | AZ | Phoenix, AZ | 55000 | | | | Commercial Projects | Value | USD - Billions | 6 | | | | 2025-01-27 |
a42d8805-a800-41cb-aacb-835cac4f9243 | 2024-04-29 | MICRON | Construction | Semiconductor Surge: $6.1 Billion Boost Ignites Economic Revival in Upstate New York | - President Biden announces $6.1 billion federal grants for Micron Technology in Syracuse, NY, aiming to boost domestic semiconductor chip production and revive the local economy.
- Micron plans a $100 billion investment for a manufacturing campus in Syracuse and a factory in Boise, Idaho.
Senate Majority Leader Chuck Schumer highlights the significance, calling it the largest private investment in New York history and emphasizing the ""Made in America"" aspect.
- White House expects production-ready facilities by 2026-2029, predicting 20,000 construction and manufacturing jobs, plus tens of thousands of indirect jobs.
- The CHIPS project responds to chip shortages exacerbated by the pandemic, affecting global auto production and driving inflation.
- Biden aims to reduce vulnerability and counter China's technological dominance in the semiconductor industry.
- New ""workforce hubs"" will train future workers for chip factories, with locations in Syracuse, Milwaukee, Philadelphia, and Detroit.
- Politically, investments target critical states like Wisconsin, Pennsylvania, and Michigan, crucial for Democratic prospects in presidential elections.
Additional information on <Source> | NPR | https://www.npr.org/2024/04/25/1246888804/biden-chips-syracuse-micron?utm_campaign=mb&utm_medium=newsletter&utm_source=morning_brew | New York | NY | Syracuse, NY | 73000 | | | | Commercial Projects | Value | USD - Billions | 6.1 | | | | 2025-01-27 |
221b5a78-9252-48be-8ef7-337b6afd5f43 | 2024-05-06 | INTEL | Construction | Intel's Massive $28B ""Ohio One"" Mega-Fab - A Potential Semiconductor Powerhouse |
- Intel investing at least $28 billion in ""Ohio One"" semiconductor factory (""mega fab"") in New Albany, Ohio
- Potential for up to $100 billion investment if fully built out with 8 fabs total
- Massive 1000-acre site, with current construction on first two fabs
### Construction Details
- Groundbreaking occurred in 2022
- Current site preparation and foundation work underway
- 1/4 mile long cleanroom space planned
- Requiring 6 million gallons of water per day initially
- Superload deliveries of massive equipment over weeks via river and road
### Economic Impact
- Expected to create 7,000 unionized construction jobs
- 3,000 permanent Intel jobs once operational
- Significant state and federal incentives:
- $600 million in Ohio grants
- $500 million for infrastructure
- $300 million for water recycling plant
- $650 million in Ohio tax breaks
- $150 million for employee training
- 30 years of no local property taxes on buildings
- $19.5 billion in federal loans/grants from CHIPS Act
### Timeline
- First fab expected to open by at least 2027, potentially later
- $380 million cost for single lithography machine
- Cleanroom tools ranging from minivan to tennis court size
- 43 shipping containers to deliver one key machine
Additional information on <Source> | Bloomberg | https://www.bloomberg.com/features/2024-intel-comeback-chipmaking/?cmpid=BBD050324_TECH&utm_medium=email&utm_source=newsletter&utm_term=240503&utm_campaign=tech&embedded-checkout=true | Ohio | OH | New Albany, OH | 53970 | | | | Commercial Projects | Value | USD - Billions | 28 | | | | 2025-01-27 |
