March 30, 2023 Northern Virginia
PowerHouse anticipates that the 265,000-square-foot building will be occupied by tenants in July, with complete construction scheduled for completion in October. Nonetheless, there is a pervasive power issue. Buddy Rizer, head of Loudoun County Economic Development, stated that each project has a...
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March 22, 2023 Northern Virginia
Residents in North Virginia had recently raised their concerns about the decision made by the Department of Environmental Quality (DEQ) to permit diesel generators to power data centers in the region. The DEQ announced that it would be looking into the permittance to preserve data center...
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March 20, 2023 Northern Virginia
Leesburg may create a data center alley. Last Tuesday, the Town Council authorized water and sewer connections for two two-story data centers proposed for the Compass Creek retail development along the Dulles Greenway north of Microsoft's data center facility. A 400,000-square-foot data center...
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March 17, 2023 STACK INFRASTRUCTURE
Stack Infrastructure has signed up for the Swiss Winter Reserve Plan, through which it will provide its supplemental power capacity to the Swiss energy reserve, in line with the Federal Council's ordinance. The ordinance includes measures to prevent winter power shortages and will run until April...
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March 17, 2023 STACK INFRASTRUCTURE
The data center company Stack has completed its most recent structured debt fundraising round. The company revealed the sale of $250 million in securitized notes last week. The price of the notes is a 5.900 percent fixed rate coupon. The firm said it has now raised $2.1 billion in notes through...
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March 08, 2023 STACK INFRASTRUCTURE
Stack Infrastructure plans to seek $250 million for data center expansion. The Stack Infrastructure Issuer will provide the funding, 2023-1, through the securitization of income connected to lease obligations and electrical capacity at 8 wholesale data centers in seven U.S. states. S&P Global...
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March 07, 2023 Northern Virginia
Virginia's Prince William County officials are looking into amending the county's noise regulations around data centers, having passed a resolution to initiate amendments to the Design Construction Standards Manual (DCSM) and zoning ordinance. These will reportedly assist officials in addressing...
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March 02, 2023 Northern Virginia
PowerHouse Data Centers, a partnership between American Real Estate Partners (AREP) and Harrison Street that provides turnkey facility location, powered shell, and build-to-suit data center implementations, and DPR Construction, one of the nation's leading five data center contractors, have...
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February 24, 2023 Northern Virginia
Reports reveal that in recent months, a wave of Prince William County planning officials have resigned from their positions just as the data center development controversy heats up. County Planning Director Mark Buenavista, had only been in the job a month, but left his position last week....
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February 24, 2023 Northern Virginia
As covered extensively by Baxtel, the PW Digital Gateway data center campus, planned outside Manassas, is the most controversial data center development in recent times. It has been opposed from many angles, with environmentalists arguing that it jeopardizes net-zero goals, and others arguing it...
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February 23, 2023 Northern Virginia
PowerHouse is one of the latest companies to enter Northern Virginia and join the data center boom. A division of American Real Estate Partners, and backed by investment firm Harrison Street, the company also recently joined the Infrastructure Masons (iMasons) Climate Accord, becoming one of 170...
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February 20, 2023 Northern Virginia
A piece of legislation that would have compelled the Virginia Department of Energy to study the impacts of data center development on the state’s environment, economy, energy resources and carbon-reduction goals has been defeated. A number of bills have been proposed by Del. Danica Roem, D-Prince...
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February 17, 2023 Northern Virginia
Finmarc Management Inc. has reportedly applied six years in advance for a data center development. Some have suggested that this is to avoid being halted by future restrictions imposed by legislation; others have argued it's due to energy capacity limitations in the Ashburn area. Although Loudoun...
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February 16, 2023 Northern Virginia
As the spotlight circles around Spotsylvania County for data center development, the Board of Supervisors is discussing how the county could be affected and how to plan accordingly. So far, one proposal in the region, filed by SpotsyTechnoCampus LLC, could bring forth a new facility in...
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February 16, 2023 Northern Virginia
Roblox, a maker of video games, invested hundreds of millions of dollars on data center and edge infrastructure in 2022 to serve its own gaming platform. Roblox reported earnings that were higher than forecasted and a rising user base, which caused the company's shares to increase by 25%. Roblox...
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February 09, 2023 Northern Virginia
Officials from Prince William County have postponed the vote on a data center construction plan. Following a lengthy discussion that ended at 3 am this Thursday, the Prince William Board of County Supervisors unanimously decided to postpone the Devlin Technology Park proposal until March 7. The...
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February 02, 2023 Northern Virginia
In Ashburn, Loudoun County, the Virginia quarry business Luck Stone Corp. is building a new data center facility. According to BizJournal, the company has requested to rezone a portion of its Ashburn property to accommodate up to 2 million square feet of additional data centers. This month, Luck...
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January 26, 2023 Northern Virginia
Northern Virginia is now one of the largest data center hubs in the world. Over the years, tax incentives have brought in tech companies from far and wide. However, with this influx of companies data centers, has come a surge in energy use, which is now projected to increase electricity use by...
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December 14, 2022 Northern Virginia
Following the Prince William County Board of Supervisors' decision to give the green light to the controversial PW Digital Gateway, it is now being faced with two lawsuits. The decision, which will permit changing the area's comprehensive plan, opening up the area to 25 million sq ft (2.3 million...
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December 05, 2022 STACK INFRASTRUCTURE
Stack Infrastructure has partnered with ESR Group Limited to develop a 72MW data center campus in Osaka, Japan. The JV will see the companies develop the facility in Keihanna, Osaka. Stack and ESR schedule that the development of the first of three buildings will start in Q4 2023. The building...
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