Data center developers secure farmland near Urbana site
Thor Equities is purchasing additional farmland near Urbana, Ohio, for a proposed data center, despite an upcoming city council vote that could reverse the project's zoning approval. The developer recently acquired nearly 100 acres, potentially for a new access point to the site.
Thor Equities, a data center developer, has expanded its land holdings near Urbana, Ohio, acquiring nearly 100 additional acres of farmland for a proposed data center campus. The company recently exercised an existing purchase agreement with Organ Farms, paying close to $3.4 million for the parcels. This new acquisition, finalized on June 5, could establish a southern access point from Route 68 to the planned data center site, which is located south of State Route 55 and west of U.S. 68.
The developer's continued investment comes as Urbana City leaders prepare for a critical vote on June 16, 2025, which could reverse a prior 2025 city zoning action related to the data center project. Thor Equities had previously purchased 133 acres in the latter half of 2025 for the development. The upcoming third reading and potential vote by city officials introduces uncertainty for the project's future.