EDITOR’S NOTE: The project records
appearing every week in the Site Selection Project Bulletin are
pulled from the Conway Projects Database, a proprietary resource with tens of
thousands of records of corporate end-user facility investments across all industry
sectors and all world geographies. Want to look for our projects yourself? Look
here.
Savannah, Georgia
The JV will produce batteries to
support 300,000 EVs annually.
Photo courtesy of Hyundai Motor
Group
In a conversation with Site Selection Senior Editor Gary Daughters, Georgia Department of
Economic Development Commissioner Pat Wilson said, “the most amazing advances and cutting-edge
technologies right now are coming out of South Korea.” That sentiment, paired with
Georgia’s ideal business climate for manufacturers, reigns true months later as Hyundai
Motor Group and LG Energy Solution’s JV received a $2 billion investment boost last week.
The estimated $7.59 billion battery cell manufacturing plant, which will be located near
Savannah, Georgia, is anticipated to create 8,500 new jobs over the next eight years.
“This incremental investment in Bryan County reflects our continued commitment to create a
more sustainable future powered by American workers,” said Hyundai Motor Company President
and Global COO José Muñoz. “Hyundai is proud to partner with LGES and we are grateful for
the support of Governor Kemp and the many communities throughout the State of Georgia that
help drive our operations everyday as we work to be a global leader in the electrified
mobility industry.” The project is expected to begin operations by the end of 2025,
supplying batteries to a number of Hyundai’s U.S. facilities making Hyundai, Kia and
Genesis EV models.
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Lincoln, Nebraska
In 2023, Google has invested $1.2 billion in its
Nebraska data centers.
Photo courtesy of Google
The secret is out. Rumors surrounding project “Agate” located in Lincoln, Nebraska, were
put to rest as Google confirmed that they were behind a new $600 million data center that
began construction in 2019. As of now, construction on the site is largely focused on
ground preparation for the planned multi-phased buildout. The 580-acre site represents the
company’s third data center in the state, accompanying its Papillion and Omaha locations.
“We’re here. We’re here to stay, and we’re here to expand,” said Google’s Iowa and
Nebraska Global Server Operations Area Lead Allie Hopkins. The Lincoln data center aids
the company’s goal in increasing its digital infrastructure and digital capabilities for
services such as Google Cloud, Gmail, Google Docs, Google Maps and search engine.
According to Hopkins, the state provides the ideal land and water resources necessary to
support these data centers.
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Manhattan, New
York
Sunset Pier 94 Studios marks Manhattan’s first
purpose-built studio, boosting New York’s film industry.
Rendering courtesy of Sunset Pier 94
Studios
While New York has been established as a film and television hub for generations, its
studio offerings continue to rise. Private equity firm Blackstone, real estate company
Hudson Pacific Properties and real estate trust company Vornado Realty Trust have joined
forces to bring a purpose-built studio to 5.4 acres in Manhattan, marking a first for the
borough. The $350 million studio, supported by a private-public partnership with the City
of New York and New York City Economic Development Corporation, will be named Sunset Pier
94 Studios. At 266,000 sq. ft., the site will include six new sound stages, production
facilities, office space and on-site parking. Its location along New York’s Hudson River
provides a river-front view for the studio, which plans to include open space and
community amenities to enjoy. Construction on the project is expected to start before the
year’s end, with the studio coming online by the end of 2025. Build-out of the site will
create 1,300 construction jobs and 400 full-time jobs upon completion. Manhattan has been
previously overlooked by production companies who often settle into Brooklyn, Yonkers and Queens with their massive studio
investments.
