Sunday, June 15, 2014

Microsoft to Invest $346.7 million in Virginia Data Center

Microsoft will invest $346.7 million to expand its data center site in Mecklenburg County, Virginia. Microsoft’s original project in 2010 at the site in the town of Boydton involved an investment of up to $499 million. In 2011, the company invested an additional $150 million to expand the site, and in 2013 announced a $348 million expansion.

Virginia Governor Terry McAuliffe welcomed the news, saying the expansion will create 90 new jobs in the area: “Microsoft’s data center campus in Mecklenburg County continues to represent transformational growth, opportunity, and investment for the region and for Virginia. The third expansion project brings the company’s total capital investment to more than $1.3 billion since 2010. Microsoft’s success and continued investment is a powerful testament to the benefits of doing business in Virginia and the thriving data center industry in the Commonwealth.”

The Virginia Economic Development Partnership worked with Mecklenburg County to secure the project for Virginia. Dominion Virginia Power, the Virginia Department of Environmental Quality, and the Mid-Atlantic Broadband Communities Corporation also were instrumental in securing this project. Governor McAuliffe approved a $1.6 million grant from the Governor’s Opportunity Fund to assist Mecklenburg County with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $1.6 million in Tobacco Region Opportunity Funds for the project.