Prince William County is now home to more than 3 million square feet of data center space.
According to a release, the space comes after the completion of 27 economic development projects “that provide a combined total of more than $5 billion in capital investment and brought approximately 800 new highly-paid and highly-skilled jobs.”
Demand for data center space is growing, and the county is hoping to become a world leader for data centers, according to a release.
Compu Dynamics, a company that handles technology and infrastructure for data centers, stated that Prince William County is an ideal location for data centers, as they have “redundant power supply – access to multiple fiber providers; low latency connectivity to major markets…the lowest computer taxes in Northern Virginia; a highly educated workforce; speed-to-market and expedited facility development at a lower price point than competing areas,” stated a release.
“Data centers have not only created 800 high-value jobs that provide economic prosperity for our citizens, but trigger a follow-on economic impact to construction and other service-orientated labor markets,” stated Prince William Board of County Supervisors Chairman Corey Stewart in a release.
According to a release, Prince William County is now around 27% of the data center market in Northern Virginia.
More on data centers in Prince William, from a release:
The fiscal benefit of data centers to Prince William County was valued at approximately $11.5 million in 2014. The growing data center market advances Prince William County’s plans to diversify its growing economic base. It is estimated that the local data center industry yields approximately $4.30 in tax revenue to the County, for every dollar in County services it requires. Today, there are thirteen discrete data center facilities within the County. The County’s latest enterprise user, Iron Mountain, a Fortune 1000 company, recently announced that construction has begun on the firstbuilding of its 83-acre data center campus.
In May 2016, Prince William County further solidified its data center competiveness as the Prince William Board of County Supervisors approved the Data Center Opportunity Zone Overlay District (DCOOD), designating 10,000 acres to support data center commercial interests, which harmonized the needs of both private property owners and industry requirements. As a result, multiple secure sites and buildings are made available offering virtually all of the advantages of other established markets. For more information on the DCOOD or data center sites in Prince William County visit www.PWCEconDev.org.
