Tract plans for a 2.4GW data center park outside Richmond, Virginia. Denver-based company Tract acquired 1,200 acres of land along Hickory Hill Road east of Interstate 95 in Hanover County. The company plans to spend more than $50 million to create the infrastructure needed for data centers to be built on the site.
At full build, Tract’s Hanover Technology Park will support up to 2.4 GW of power capacity, with Tract targeting site energization in 2028.
Developer Tract’s plan calls for multiple data center campuses on the site, with approximately 30 buildings, 8 substations, and more than 800 employees. Each building will be between 200,000 and 400,000 sqft.
Tract and Dominion Energy have already ordered long lead equipment for the initial substation and power for bridging purposes is expected as early as 2026.
The project is expected to generate an estimated $1.78 billion in tax revenue for the County over 20 years.