Virginia County Expects Data Centers to Generate $1.3B Tax Revenue Windfall

Virginia County Expects Data Centers to Generate $1.3B Tax Revenue Windfall

Internewscast Journal Internewscast In one of Virginia’s most affluent counties, the rapid rise of data… This Post: Virginia County Expects Data Centers to Generate $1.3B Tax Revenue Windfall first appeared on Internewscast Journal

Virginia county expects $1.3B haul in tax revenue from its 250 data centers— and has become a model for the nation

Loudoun County, a wealthy suburb outside of Washington, DC, is home to roughly 250 data centers that are operated or leased by tech giants like Amazon, Microsoft and Google to power artificial intelligence and the internet.

How one county profited from data centers amid a growing national backlash

By Cecilia Kang | The New York Times Over the past two years, Virginia’s Loudoun County unveiled a sleek $102 million recreation center with multiple pools and hydro massage chairs. It spent $22 million to convert the estate of former President James Monroe into a park. And it opened two new schools, with another under construction. While many communities are in fiscal crisis, Loudoun is flush. The source of its riches: data centers. A convergen…