Real Estate News & Current Events
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Updated about 1 year ago on . Most recent reply

Intel Pulling the Plug?
First post on BP. I’ve been researching and taking first steps to buy my first OoS property in Columbus. Anyone local want to confirm if work is slowing down at the plant site?
https://thehill.com/opinion/4517470-dei-killed-the-chips-act...
Most Popular Reply

- Real Estate Agent
- Columbus, OH
- 6,560
- Votes |
- 5,576
- Posts
Quote from @Michael Zandona:
First post on BP. I’ve been researching and taking first steps to buy my first OoS property in Columbus. Anyone local want to confirm if work is slowing down at the plant site?
https://thehill.com/opinion/4517470-dei-killed-the-chips-act...
Just like any project, it will be behind the initial set schedule but it will get done according to Betsy Goldstein that does the Intel on Intel presentation
- Remington Lyman



- Real Estate Agent
- Columbus, OH
- 6,560
- Votes |
- 5,576
- Posts
Quote from @Michael Zandona:
First post on BP. I’ve been researching and taking first steps to buy my first OoS property in Columbus. Anyone local want to confirm if work is slowing down at the plant site?
https://thehill.com/opinion/4517470-dei-killed-the-chips-act...
Just like any project, it will be behind the initial set schedule but it will get done according to Betsy Goldstein that does the Intel on Intel presentation
- Remington Lyman



Intel has affirmed their commitment to Ohio, sluggish funding from the CHIPS Act isn't helping things, but construction hasn't ceased and they're projecting a 3-5 year completion date from when they broke ground in 2022.
- https://columbusunderground.com/intel-opening-date-pushed-ba...
- https://www.daytondailynews.com/local/intel-announces-delay-...

It will get done, the project is federally backed but they are waiting for the rollout of more funds.
https://www.wsj.com/tech/intel-delays-20-billion-ohio-projec...
- Samuel Diouf
- samuel@reafco.com
- (614) 662-1652


- Developer
- Columbus, OH
- 1,714
- Votes |
- 3,592
- Posts
we just talked to the concrete supplier who supplies the job who said in 30 days the price of concrete will double because they are starting again. currently it's less than $200 a yard and it will double in maybe 60 days so no everything is ok with the intel site in columbus
- Robert Ellis

Some time delays, publicity to gain more government funding. They're still working to get it completed.
- Marc Rice
- marc@reafco.com
- 614-363-2787