- Virginia lawmakers are negotiating the state budget and tax breaks for data centers.
- Digital Realty, led by Blackstone, is acquiring an equity stake and operating in the Northern Virginia market, which is located in the state of Virginia.
- A project involving Blackstone's QTS is planned for Prince William County, within the broader region of Northern Virginia, Virginia.
- The county government body in Prince William County, the board of supervisors, is currently seeking rezoning approval for a new data center complex involving Quality Technology Services.
Prince William County Considers Policy Shift on Data Center Development
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
The board of supervisors in Prince William County is currently considering whether to end the by-right development policy for data center projects. The county currently hosts over 55 operational data centers, with more than 75 projects underway. The board had previously approved a requirement that companies utilizing industrial-zoned land must undergo a specific approval process for these facilities.
From wjla.com
Why it matters
The data center industry brings significant revenue to the county, including an infusion of $550 million in new revenue during the last budget cycle. The board's decision regarding the by-right policy will define the county's future land use and development profile.
From wjla.com
Who's involved
- Prince William CountyCounty government body whose policy regarding land use and development is under review.
- Quality Technology ServicesCompany seeking necessary rezoning from the county to establish and operate a data center complex.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Loudoun CountySpeculative
The policy shift might affect competitive investment risk in the broader region.
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Part of
The county government body in Prince William County, the board of supervisors, is currently seeking rezoning approval for a new data center complex involving Quality Technology Services. All 2 developmentsWithin Virginia lawmakers are negotiating the state budget and tax breaks for data centers.