$20billion intel plant chooses suburban outskirts of Columbus, Ohio, citing suburban environment among reasons.

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How the City of Columbus, Ohio (Pop 900k) won $20 billion Intel semi-conductor plants projected to increase Ohio’s Gross Domestic product by $2.8 billion, employ 3,000 initially, at an average wage of US$135,000, while secondarily generating 20,000 additional jobs statewide.

“The choice of New Albany is a bet that after nearly two years of a global pandemic, Intel’s employees will embrace a suburban environment with reasonable home prices and good schools. (Zillow estimates the typical New Albany home is worth $516,752, about one-third the value of homes in Intel’s home base of Santa Clara, Calif.) The pandemic has hastened a move from urban locations to suburban places with more space.” 

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