Tax revenues have surged in Loudoun County, Virginia, boosted by taxes from the growing data center cluster in Ashburn’s Data Center Alley. The windfall highlights the potential for data centers as engines for economic development.
Digital Realty has acquired a chunk of prime real estate in the heart of “Data Center Alley” in Northern Virginia, adjacent to the Equinix campus in Ashburn.
The new CoreSite campus in Northern Virginia includes a four-story infrastructure tower, which centralizes the mechanical and electrical equipment supporting the first phase of the campus.
Dominion Energy will add six new solar power facilities to provide 350 MW of renewable energy for Facebook data centers. The new supply helps address the concerns raised by Greenpeace about the pace of Dominion’s renewable energy program.
The Northern Virginia data center market is seeing a surge in supply and an even bigger surge in demand. Data Center Frontier explores trends, stats and future expectations for the No. 1 data center market in the country.
Sabey Data Centers is adding capacity on both coasts, with expansions underway in Ashburn and the Pacific Northwest. Sabey now operates more than 3 million square feet of data center space across the U.S.,
QTS Data Centers has formed a joint venture with global infrastructure investor Alinda Capital Partners that could provide up to $1 billion in funding for future data center construction, starting with a campus in Manassas, Virginia.
Vantage Data Centers is in growth mode in 2019. The company has just completed its new data center campus in Ashburn, Virginia, and raised $675 million to fund its expansion.
Greenpeace says Virginia utility Dominion Energy has not kept pace with the data center industry’s appetite for renewable energy. The environmental group singled out Amazon Web Service for its rate of adoption of green power.
Infrastructure funds and sovereign wealth funds are becoming more active in the data center sector, creating new companies and investing in data center construction.