Real estate investment management services provider TA Realty has announced plans to develop a new $1.8 billion secure data center campus in Loudoun County, VA.
TA Realty’s new data center campus will be situated on the east side of Sycolin Road and bound by Cochran Mill Road to the north and Energy Park Drive to the south in Leesburg, VA. With the initial buildings expected to come online in late 2021, the fully built-out campus will feature over 1.5 million square feet of space with 300 megawatts of power and a dedicated onsite substation. With more than 18 million square feet of data centers currently in operation and millions more being planned or developed, Loudoun County is considered to be the world’s fastest growing data center market.
“Delivering this transformational project is part of our commitment to invest more capital into this in-demand asset class,” said Michael Haggerty, managing partner at TA Realty. “Our campus will address the needs of hyperscale and cloud providers by delivering sustainable data center infrastructure with speed and scale into the largest and most sought-after data center market in the world.”
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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