Another company joins data center rush
Another company has joined the foray into purchasing sites in Loudoun County’s famed Data Center Alley.
Columbia, Md.-based Corporate Office Properties Trust officially purchased 34 acres in Ashburn Jan. 15.
COPT purchased the land, located near the intersection of Gloucester Parkway and Loudoun County Parkway, from St. John Properties.
According to the news release from the Loudoun Department of Economic Development, the new campus will serve an investment-grade Fortune 500 company. There are plans for two buildings on the property. COPT plans to start construction on a 200,000-square-foot building early this year, and construction on a second, 115,000-square-foot building by mid-2014.
“We are pleased to be able to meet this customer’s need in Northern Virginia, one of COPT’s strategic markets,” stated COPT President and CEO Roger A. Waesche, Jr.
COPT Senior VP of Government Services Chuck Fiala said in the press release, “We were very impressed with the professionals in Loudoun County and the way they have embraced this project. They’ve been responsive and thorough, and we look forward to a smooth construction process.”
Loudoun’s large and growing data center industry has eight million square-feet of space already constructed or currently under construction. Constructed data center space has more than tripled since 2000, according to the Loudoun Department of Economic Development.
Up to 70 percent of the world’s Internet traffic passes through Loudoun’s data centers each day. The county is home to industry leaders such as Facebook, Microsoft and Amazon.
Loudoun County Department of Economic Development Assistant Director Buddy Rizer explained, “This area of Loudoun County is close to the backbone of the Internet, as well as to Dominion Virginia Power’s Beaumeade substation. In addition, there’s infrastructure for connection to Loudoun Water’s reclaimed water system, which offers data centers operational savings.”
In 2012, close to three million square feet of data center space was added to Loudoun’s existing 4.5 million square feet of data centers.