Two new data centers coming to Virginia Beach
A Canada-based company is investing $80 million to build two data center facilities at Corporate Landing Business Park in Virginia Beach.
PointOne, a data center developer headquartered in Alberta, will build two 31,000-square-foot properties that will house data centers, a cable landing station for future subsea cables and an international internet business exchange.
The Virginia Beach Economic Development Authority has approved a purchase agreement for a 10.4-acre site in Corporate Landing Business Park to PointOne for $2.08 million.
The project will be built in two phases. Phase I is expected to be finished by the end of 2019.
Keith Frieser, chairman and CEO of PointOne Development Corp., said the company chose Virginia Beach for the project for several reasons, including a pro-business attitude.
“Additionally, the proximity of our development site in Corporate Landing Business Park to established submarine cable landing points at Virginia Beach was instrumental in our decision-making process,” he said in a statement. “PointOne’s facility in Corporate Landing Business Park will enable us to offer our clients direct submarine-to-terrestrial fiber connectivity to our hyperscale data center campus located in Remington, Va.”
Corporate Landing Business Park is a 325-acre property owned by the Virginia Beach Economic Development Authority.
Photo courtesy City of Virginia Beach Communications Office