A former printing press in Minneapolis, Minnesota, is set to be turned into a data center.

Real estate firm Legacy Investing this week announced it has officially entered into a purchase agreement with the Minnesota Star Tribune to acquire the Heritage Printing Facility in Minneapolis. The Star Tribune broke the news.

“For decades, this site helped tell Minnesota's story. We're proud to carry that legacy forward. Our plans take a hybrid approach to urban redevelopment, pairing essential digital infrastructure with complementary mixed-use components,” the company said on LinkedIn. “The next chapter will be anchored by a next-generation data center as part of a broader master redevelopment plan, with more details to come.”

The sale is expected to close in Q4 2026. Terms of the deal weren’t shared. The plant was previously valued at an estimated $20 million.

The 13-acre site, at 800 First St. N., will reportedly host a 20MW data center. Timelines for development weren’t shared.

The Minneapolis City Council passed a moratorium on development or expansion of data centers earlier this year. The current block is due to expire in November and doesn’t include facilities smaller than 350,000 square feet (32,516 sqm).

The printing plant was built in 1986 and totals more than 500,000 sq ft (46,452 sqm) of office, warehouse, and production space. The site has been on the market since last year, with the Star Tribune closing the plant and outsourcing printing to a plant in Iowa. The publication told local press its print circulation had dropped in recent years and the plant’s under-utilization meant keeping printing in-house was unsustainable.

Real estate investment firm Legacy manages around 20 million sq ft (1.85 million sqm) of industrial, logistics, life sciences, and data center real estate across the US.

The company also owns at least two Flexential facilities in Texas and Oregon, and Equinix data centers in Virginia and California, as well as a number of single-tenant enterprise data centers. It has also currently and/or previously owned several T5 data centers and sold at least one in Ohio to H5 and another in Virginia to Serverfarm.

The company recently sold another facility in Minneapolis to Cloud Capital and Bahrain asset manager Arcapita.

Legacy has partnered with GI Partners to redevelop a former stock exchange building in Chicago, Illinois, into a 33MW data center. It is also planning to develop a former karting track outside San Antonio in Texas into a 50MW data center.