J.G. Ballard’s Cold Room, the world’s first, is now a $100 million investment by an investor led by Amazon.
The company will build 1,200 cold rooms across the U.S. to serve the growing demand for chilled drinks.
J. D. Ballard has also set up a cold room facility in Los Angeles to serve customers.
The project, called J.E. Ballard, will provide cold rooms for a fraction of the cost of conventional cold rooms.
Ballard will make up to $10 million from the sale of the property, according to the company.