An exciting new $1.48 billion data and technology center developed by Urbacon and Niagara Falls Redevelopment (NFR)
Urbacon, one of the premier developers of commercial and industrial properties in Canada and the northern United States, has teamed up with Niagara Falls Redevelopment (NFR) to
announce a landmark partnership to develop the Niagara Digital Campus. This innovative, $1.48 billion technology and data hub that will bring thousands of jobs and
cutting-edge technological infrastructure to the City of Niagara Falls. Building on the unique strengths of the Niagara Falls area, the development will be energy efficient, low noise and blend seamlessly with the surrounding area
Read the full press release here.
- During construction, the Niagara Digital Campus will create more than 5,600 high-paying jobs with more than $250 million in wages, with economic spinoff benefits expected to exceed $810 million.
- Once operational, the Digital Campus will create more than 550 high-paying permanent jobs, with expected annual wages of nearly $29 million. Total economic benefit from the new facility is expected to exceed $250 million annually, with more than 1,700 permanent jobs created in support and ancillary businesses.
- As part of the new Niagara Digital Campus development, NFR has proposed donating a portion of its existing land to the City of Niagara Falls for public amenities, including a potential public park and events center. NFR will also donate $250,000 to the city each year for 10 years for upkeep and maintenance of the park.