Data Center Projects Near DICE - Northern Virginia (May)

Tract, a data center developer, has received a recommendation for approval from the Hanover County Planning Commission for a new data center project on a 427-acre site near the Henrico County line in Virginia. The project has been the subject of months of debate among residents, county leaders, and the developer, indicating it is still in the planning and permitting phase. Hanover County sits adjacent to Henrico County, which is part of the rapidly growing Richmond, Virginia data center market. This represents a potential new market entrant worth monitoring, as Tract is not a widely recognized major incumbent operator. Given that the project is still at the planning commission recommendation stage, there is time for BD outreach but early engagement would be advantageous as the project moves toward formal approval.

Tract, a data center developer, has received a recommendation for approval from the Hanover County Planning Commission for a new data center project along Mountain Road in Hanover, Virginia. The project has been the subject of months of debate among residents, county leaders, and the developer, indicating it is still in the planning and permitting phase. Tract is a relatively newer entrant in the data center development space, making this project a notable signal for the Virginia market. For BD professionals, this represents an early-stage opportunity to engage Tract on infrastructure, construction, and services needs before the project advances to construction. Given that the planning commission has recommended approval, movement toward permitting and construction could accelerate in the near term.