Legacy Investing

Data Center Signal is tracking 25 clips about Legacy Investing data center developments across 3 states, including MN, IL, TX.

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25Clips
3States

States

Topics

opposition88%
government76%
zoning76%
moratorium64%
environmental64%
electricity60%
water56%
announcement40%
legal4%
A Catholic lens on increasing data center demand and environmental concerns
News ClipTheCatholicSpirit.com·Minneapolis, Hennepin County, MN

A Catholic lens on increasing data center demand and environmental concerns

Minneapolis city officials are reviewing zoning rules for data centers this fall, spurred by public pushback and environmental concerns. A Virginia-based developer, Legacy Investing, recently withdrew its proposal to convert a former printing plant into a data center in Minneapolis following community opposition. The city currently has a moratorium on large data center developments while it studies their impacts.

9/23/2026
Minneapolis data center plan scrapped at former Star Tribune site
News Clip3:56KSTP 5 Eyewitness News·Minneapolis, Hennepin County, MN

Minneapolis data center plan scrapped at former Star Tribune site

A data center plan by Legacy Investing for the former Star Tribune printing plant in Minneapolis has been scrapped, primarily due to the city's ongoing moratorium on such projects. The decision follows community opposition regarding noise, water, and electricity usage. While some officials express concern about the economic impact of the moratorium, residents welcome the decision.

9/13/2026
Data center developer walks away from plans to buy old printing facility in Minneapolis' North Loop
News ClipCBS News·Minneapolis, Hennepin County, MN

Data center developer walks away from plans to buy old printing facility in Minneapolis' North Loop

Legacy Investing, a data center developer, has withdrawn its plans to purchase the former Star Tribune printing facility in Minneapolis' North Loop. This decision follows significant resident concerns regarding the project's impact on power, water, and noise. The withdrawal leaves the property's future uncertain, while Minneapolis' city-wide data center moratorium is set to expire in November.

9/12/2026
Residents react to data center developer scrapping plans to buy Minneapolis site
News Clip2:05WCCO - CBS Minnesota·Minneapolis, Hennepin County, MN

Residents react to data center developer scrapping plans to buy Minneapolis site

Legacy Investing, a data center developer, has withdrawn its plans to purchase the old Star Tribune printing facility in Minneapolis' North Loop. Residents who had voiced concerns over energy costs, pollution, and noise are reportedly relieved by this decision. The Minneapolis data center moratorium is set to expire in November.

9/12/2026
Developer drops plan to build data center in Minneapolis
News Clip2:22FOX 9 Minneapolis-St. Paul·Minneapolis, Hennepin County, MN

Developer drops plan to build data center in Minneapolis

A developer has scrapped plans to build a data center on the former Star Tribune printing facility site in downtown Minneapolis. The decision follows concerns from some city council members regarding environmental impact and resource drain. Minneapolis currently has an enacted temporary moratorium on new data centers, set to expire in November.

9/12/2026
Developer withdraws proposed North Loop data center in former Star Tribune printing plant
News ClipMPR News·Minneapolis, Hennepin County, MN

Developer withdraws proposed North Loop data center in former Star Tribune printing plant

A Virginia-based developer, Legacy Investing, withdrew its proposal for a 20-megawatt data center in Minneapolis's North Loop neighborhood following strong opposition from residents over environmental impacts and job creation concerns. The withdrawal comes after the Minneapolis City Council enacted a six-month ban on data centers larger than 350,000 square feet earlier this spring. The former Star Tribune printing facility site remains without a new developer.

9/11/2026
Push underway to slow North Loop data center development
News Clip3:04KARE 11·Minneapolis, Hennepin County, MN

Push underway to slow North Loop data center development

The North Loop Neighborhood Association in Minneapolis is actively opposing a proposed data center by Legacy Investing at the old Star Tribune Printing facility. Residents and board members are concerned about the lack of information, project size, and power consumption, leading to a request to delay a conditional use permit meeting with the city's Planning Commission.

8/27/2026
Minneapolis Mayor Jacob Frey says data centers should be regulated and not serve as sole use of a property
News ClipCBS News·Minneapolis, Hennepin County, MN

Minneapolis Mayor Jacob Frey says data centers should be regulated and not serve as sole use of a property

Minneapolis leaders are debating new regulations for data centers after enacting a five-month moratorium on new developments. Mayor Jacob Frey is advocating for multi-use properties rather than data centers serving as the sole use of a site. The City Council is set to vote on proposed regulations in November following a public hearing.

8/22/2026
Chicago Permits Include Elevator Modernization for Loop Data Center
News ClipThe Real Deal·Chicago, Cook County, IL

Chicago Permits Include Elevator Modernization for Loop Data Center

Legacy Investing filed plans for a $1.42 million elevator modernization for an ongoing data center project located at 400 South La Salle Street in Chicago's Loop neighborhood. This permit was one of several major construction permits issued in the city for various real estate developments.

8/20/2026
Minneapolis residents question proposed North Loop data center
News Clip1:47WCCO - CBS Minnesota·Minneapolis, Hennepin County, MN

Minneapolis residents question proposed North Loop data center

Residents in Minneapolis' North Loop neighborhood have concerns about a proposed data center by Legacy Investing at the former Star Tribune printing plant. Key issues include power, water, and noise impacts, despite the project being designed to fall under the city's moratorium size limits. The debate is ongoing, with city approval still pending.

8/20/2026
North Loop P+Z Committee Delays Vote on Minneapolis Data Center Project
News ClipNorth Loop Neighborhood Association·Minneapolis, Hennepin County, MN

North Loop P+Z Committee Delays Vote on Minneapolis Data Center Project

The North Loop Neighborhood Association's Planning + Zoning Committee took no action on a Conditional Use Permit for Legacy Investing's proposed data center, citing a lack of detailed information from the developer. The committee requested a one-month delay for the City Planning Commission hearing to allow for more information gathering and community questions regarding the project's impact on water, electricity, and noise.

8/20/2026
Minneapolis North Loop residents express concerns over proposed data center
News Clip3:04KARE 11·Minneapolis, Hennepin County, MN

Minneapolis North Loop residents express concerns over proposed data center

A proposed data center by Legacy Investing in Minneapolis's North Loop neighborhood is facing strong community opposition. Residents are concerned about the project's power consumption and lack of detailed information from the developer. A zoning hearing is scheduled, and a city-wide moratorium on large data centers is in effect, though its impact on this specific project is unclear.

8/20/2026
North Loop residents question developers over proposed data center at former Star Tribune site
News ClipCBS News·Minneapolis, Hennepin County, MN

North Loop residents question developers over proposed data center at former Star Tribune site

North Loop residents in Minneapolis raised concerns about power, water, and noise at a community meeting regarding Legacy Investing's proposed data center at the former Star Tribune site. The North Loop Neighborhood Association pushed for a mixed-use agreement and a one-month delay to the planning commission hearing due to insufficient information. This comes after the Minneapolis City Council approved a five-month moratorium on data center development in downtown areas.

8/20/2026
Minneapolis North Loop residents express concerns over potential data center
News Clip2:41WCCO - CBS Minnesota·Minneapolis, Hennepin County, MN

Minneapolis North Loop residents express concerns over potential data center

A Virginia-based developer, Legacy Investing, is under contract to purchase the old Star Tribune printing plant in Minneapolis's North Loop for a data center. Residents are raising concerns about the project's water usage and overall impact on the neighborhood. The city is evaluating the proposal in the context of an existing data center moratorium and its tax base recovery goals.

8/20/2026
North Loop Neighborhood Association meeting packed to learn more on proposed urban data center
News Clip3:04KARE 11·Minneapolis, Hennepin County, MN

North Loop Neighborhood Association meeting packed to learn more on proposed urban data center

Legacy Investing has proposed an urban data center at the former Star Tribune printing facility in Minneapolis's North Loop, facing significant community opposition. Residents raised concerns about the project's power consumption and the developer's lack of specific plans, as a city-wide moratorium on large data centers is currently in effect.

8/20/2026
Virginia developer proposes data center at former Star Tribune site in Minneapolis
News Clip5 EYEWITNESS NEWS·Minneapolis, Hennepin County, MN

Virginia developer proposes data center at former Star Tribune site in Minneapolis

Legacy Investing, a Virginia-based developer, plans to build a 20-megawatt data center and multi-use development at the former Star Tribune printing facility in Minneapolis's North Loop neighborhood. The firm has begun the city's approval process. The North Loop Neighborhood Association is hosting community meetings and workshops to inform residents about the project's impact.

8/19/2026
Developer discusses proposed Minneapolis data center
News ClipNorth Loop Neighborhood Association·Minneapolis, Hennepin County, MN

Developer discusses proposed Minneapolis data center

Legacy Investing proposes to convert the former Star Tribune printing facility in Minneapolis into a data center. The North Loop Neighborhood Association is hosting community workshops to gather input, and the developer will present plans to the NLNA Planning + Zoning committee on August 19. The company is in the early stages of the city approval process.

8/16/2026
Data Center Community Workshops: What To Expect
News ClipNorth Loop Neighborhood Association·Minneapolis, Hennepin County, MN

Data Center Community Workshops: What To Expect

Legacy Investing plans to convert the former Star Tribune printing facility in Minneapolis's North Loop into a data center. Community workshops are being held to gather resident input and address concerns regarding the project's impacts. The North Loop Neighborhood Association's Planning + Zoning Committee will discuss and vote on the land use application, with the full NLNA Board voting on the recommendation later.

8/16/2026
Data Centers Are Popping Up Everywhere In Chicago. Here's Where — And Why They're Controversial
News ClipBlock Club Chicago·Chicago, Cook County, IL

Data Centers Are Popping Up Everywhere In Chicago. Here's Where — And Why They're Controversial

Chicago is rapidly becoming a major hub for data center development, but this growth is sparking controversy due to concerns over high electricity and water consumption, noise, and tax incentives. Mayor Brandon Johnson has issued an executive order imposing new rules and reviews on data centers, while the state of Illinois is also considering regulations and recently paused tax incentives. Opposition is forming against some proposed projects.

8/12/2026
Data center could be coming to popular North Loop of Minneapolis
News Clip2:41FOX 9 Minneapolis-St. Paul·Minneapolis, Hennepin County, MN

Data center could be coming to popular North Loop of Minneapolis

A Virginia-based developer plans a data center in Minneapolis's North Loop, converting the former Star Tribune printing facility. While business leaders see it as a solution to downtown vacancies, residents and some city council members express concerns over water and energy use, leading to a recently enacted moratorium on large data center construction.

8/3/2026