CyrusOne invests $90 million to expand Lebanon data center amid growing tech demands

The Lebanon City Council meeting held on January 29, 2025, focused on significant developments in public infrastructure, particularly regarding the expansion of data centers and residential projects in the area.

A key highlight was the announcement of a $90 million investment by CyrusOne, a data center operator, which is set to quadruple its electric load from 5.9 megawatts to nearly 26 megawatts over the next few years. This expansion is expected to enhance the local tax base, benefiting school districts and contributing to the city’s general fund through a unique kilowatt hour tax structure that allows municipal electric operations to retain revenue from electric charges. The council expressed enthusiasm for such investments, noting their positive economic impact on community services, including police support.

Additionally, the meeting addressed the Parkside development, a mixed-use project that will include 1,200 residential units, commercial spaces, and public parks. The project is anticipated to take 5 to 10 years to reach full build-out, depending on market conditions. The council emphasized the importance of providing a range of housing options, including single-family homes, townhomes, and assisted living facilities.

Construction updates were provided for several residential developments, including Founders Landing Apartments, which will feature 250 units, and Toll House Farms, which will have 67 home sites. The council also discussed a new high-end residential development on the southern edge of the city, which will offer large lots for custom homes.

In closing, the council highlighted the city’s commitment to community events and partnerships with local nonprofit organizations, which play a vital role in fostering community spirit through festivals and other activities. The meeting concluded with a commitment to keep the public informed through updates on the city’s website and YouTube channel.