Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

5
Posts
8
Votes
Michael Zandona
8
Votes |
5
Posts

Intel Pulling the Plug?

Michael Zandona
Posted

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

User Stats

5,576
Posts
6,560
Votes
Remington Lyman
#1 Multi-Family and Apartment Investing Contributor
  • Real Estate Agent
  • Columbus, OH
6,560
Votes |
5,576
Posts
Remington Lyman
#1 Multi-Family and Apartment Investing Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
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
business profile image
Reafco
5.0 stars
12 Reviews

User Stats

127
Posts
181
Votes
Daniel Judge
  • Rental Property Investor
  • Columbus, OH
181
Votes |
127
Posts
Daniel Judge
  • Rental Property Investor
  • Columbus, OH
Replied
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...

Full steam ahead: 
https://www.nbc4i.com/video/super-load-moving-across-ohio-he...

User Stats

5,576
Posts
6,560
Votes
Remington Lyman
#1 Multi-Family and Apartment Investing Contributor
  • Real Estate Agent
  • Columbus, OH
6,560
Votes |
5,576
Posts
Remington Lyman
#1 Multi-Family and Apartment Investing Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
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
business profile image
Reafco
5.0 stars
12 Reviews
Fundrise logo
Fundrise
|
Sponsored
Invest in real estate with the Fundrise Flagship Fund. A diversified billion-dollar real estate portfolio. Now accepting investments.

User Stats

140
Posts
179
Votes
Peter Dorinsky
  • Real Estate Agent
  • Columbus, OH
179
Votes |
140
Posts
Peter Dorinsky
  • Real Estate Agent
  • Columbus, OH
Replied
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...


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-...

User Stats

1,220
Posts
1,527
Votes
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
1,527
Votes |
1,220
Posts
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

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...

business profile image
Reafco - Samuel Diouf
5.0 stars
3 Reviews

User Stats

3,592
Posts
1,714
Votes
Robert Ellis
#1 Land & New Construction Contributor
  • Developer
  • Columbus, OH
1,714
Votes |
3,592
Posts
Robert Ellis
#1 Land & New Construction Contributor
  • Developer
  • Columbus, OH
Replied
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...


 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

User Stats

1,769
Posts
1,769
Votes
Marc Rice
  • Real Estate Agent
  • Columbus, OH
1,769
Votes |
1,769
Posts
Marc Rice
  • Real Estate Agent
  • Columbus, OH
Replied
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...


 Some time delays, publicity to gain more government funding. They're still working to get it completed.