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TEXXR

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Brookfield-backed Compass drops plans to develop 800+ acres in Virginia's 2,100-acre Digital Gateway data center corridor, sources say due to local opposition

Compass Datacenters is pulling out of a yearslong effort to build a key part of 2,100-acre data center corridor in Northern Virginia …

Bloomberg Dawn Lim

Discussion

  • @adamconner @adamconner on x
    I think an important data center question is if the potential loss of the tax breaks or the local public opposition were the bigger factor. Data centers planned dependent on the tax credits are gonna be a thing that can't be counted on in the future. cc @NatPurser
  • @joonian Wong Joon Ian on x
    How about bitcoin miners? They can actually help load balance the grid!
  • @jerrycap @jerrycap on x
    We won't disprove scaling laws
  • @petesikora1 Pete Sikora on x
    “If we can't get public subsidies to wreck the local community and the planet, we can't do it.”
  • @jbsdc Justin Slaughter on x
    The smart data center companies should be assuming strong local opposition in large chunks of the Anglosphere (where local zoning laws are broadly enforceable by private citizens) and looking at civil law countries in Europe, Asia, and parts of the developing world.
  • @thestalwart Joe Weisenthal on x
    Huge. A Brookfield-backed datacenter company is pulling out of a major project in Virginia, that they had been working on for years, due to growing political opposition https://www.bloomberg.com/... [image]
  • @ninadschick Nina Schick on x
    Texas will surpass Virginia as world's largest AI Factory hub by 2030.
  • @scottlincicome Scott Lincicome on x
    siiiiigh
  • @mollytaft Molly Taft on x
    bullish on west texas poss being the next data center alley for a variety of reasons (nat gas!) but genuinely also bc it has some of the least-populated counties in the country