Even as a data center moratorium sits on Gov. Kathy Hochul’s desk, awaiting a signature, a zoning change could push forward a development right in the state capital.
EKG Group’s Michael-Henry Elghanian-Krayem is pushing to rezone into the “light industrial” classification at the Kenwood Commons site, the Times Union reported. The 76-acre site is zoned for a mixed-use campus today and needs numerous approvals to go forward, including at least two revisions to the city’s zoning regulations.
The rezoning would allow for both a data center and a broader technology campus. The $570 million project consists of a 500,000-square-foot data center, as well as research labs, offices, 300 apartments and ground-floor retail; the price tag could grow all the way to $2 billion…