Three months after a structural failure at a prominent office-to-residential conversion in New York City prompted a sweep of inspections, investors are pursuing such projects as actively as ever, though rising interest rates pose a fresh challenge, according to a real estate leader at Polsinelli PC.
An initiative on California's November ballot is spurring debate about the environment, housing, energy and infrastructure — and opposing sides seem to largely disagree on whether the change to the state's environmental law would apply to data centers.
Voters in about a dozen states will weigh the future of data center development in their cities and counties through ballot measures in the upcoming midterms, including in one state where proposed bans are up for consideration in 10 localities.