Landmark Dividend has acquired approximately 1.2 million square feet of space within the Quantum Park development in “Data Center Alley” in Ashburn, Virginia. The deal includes vacant land that supports data center development.
TA Realty is one of the new entrants in the Northern Virginia data center market. It is building a large campus in Leesburg, and has ambitions to become a long-term player in the global market for digital infrastructure.
Amazon Web Services (AWS) has spent $35 billion on its cloud computing infrastructure in Northern Virginia over the past 10 years, illustrating the enormous impact data centers can have on regional economies.
Yondr Group will develop renewable energy projects to support its data center campuses, a move that will help its customers reduce their environmental impact. The company is planning $2 billion in data center development across the Americas.
Data centers are once again stirring heated public debate in Prince William County in Northern Virginia, where the county is studying whether to open new areas for data center development.
Yondr Group has big plans in Northern Virginia. The developer has acquired 270 acres of land, and plans to build 500 megawatts of data center capacity across Loudoun and Prince William counties.
Another major data center cluster is emerging in Northern Virginia near Leesburg, about 10 miles west of Ashburn’s Data Center Alley, where TA Realty has unveiled plans for a 1.5 million square foot data center campus.
The economic value of data centers is boosting land values in Prince William County in Northern Virginia, with one transaction valuing a future data center property at more than $900,000 per acre.
American Real Estate Partners (AREP) is teaming with investor Harrison Street to pursue data center development deals, which will likely extend beyond their first project in Ashburn’s Data Center Alley.
Dominion Energy is developing more renewable energy for its power grid, a welcome development for tech companies seeking more green power for their data centers in Northern Virginia.