Presentation is loading. Please wait.

Presentation is loading. Please wait.

Data Center Overview Presented by:

Similar presentations


Presentation on theme: "Data Center Overview Presented by:"— Presentation transcript:

1 Data Center Overview Presented by: Prince William County, VA, Department of Economic Development

2 PRINCE WILLIAM COUNTY SNAPSHOT
Less than 20 miles from Washington, DC Virginia’s 2nd largest and 4th fastest growing County 75% of Northern Virginia 1.5M workforce live within a minute commute 2 Interstates - I-95 and I-66 7 commuter rail stops on two rail lines Access to 3 major airports; Dulles International Airport is within a 20-minute drive 6 higher education campuses and close to over 40 colleges and universities 34 years median population age 136,734 at-place employment (as of 1Q2017) 3.4% unemployment rate; 1.2% lower than the national unemployment rate (as of July 2017) Median household income of $98,657 Home to the FBI Northern Virginia Resident Agency and Marine Corps Base Quantico AAA bond rating from all 3 rating agencies; held by only 1.5% of all US counties. 454,404 Population* 26% est. population growth by 2045** 42% 333,100 * Source: Prince William County Government ** Source: Metropolitan Washington Council of Government Updated: August 2017

3 Versatile & Cost-effective Location Options
Cost competitive in the National Capital Region Existing office, flex, industrial and data center facilities Available large acreage sites for development Redevelopment opportunities along I-95 corridor and in Innovation Park 7 commuter rail stops on two rail lines Quick access to Dulles International, Reagan National and Manassas Regional Airports I-95 corridor bookended by Marine Corps Base Quantico to the south and Ft. Belvoir to the north

4 Data Centers Prince William Advantages redundant power supply
multiple fiber providers lowest data center taxes in Northern Virginia expedited development process built-to-suit opportunities and existing data center facilities with space for lease 3.6 million square feet of data centers constructed in PWC since 2000 Data Center Economic Development Announcements 31 announcements $6.2 billion in capital investment 3.6 million square feet

5 Data Center Opportunity Zone (DCOZ) - Key Facts and Advantages
Prince William DCOZ Adopted by Board of County Supervisors May 12, 2016 Designates over 10,000 Acres as DCOZ Overlay District By Right Data Center development of Office, Industrial, and Business zoned sites within the DCOZ Ability to amend map Consistency and clarity to guide future development Fast Track Rezoning and Substation Review for data centers in Zone Established over properties where supporting infrastructure is readily available or easily provided with minimal impact to residential properties. Current zoning and long-range planning designations for properties were taken into consideration with the DCOZ.

6 Data Center Opportunity Zone (DCOZ) Overlay District
Click the link to view a Larger Map of DCOZ

7 Virginia Data Center Sales & Use Tax Exemption – Extended 15 Years from 2020 to 2035
Make a new capital investment of at least $150 million Create 50 new jobs The jobs must pay at least one and one-half times the prevailing average wage for the locality in which it locates Colocation data center facilities may aggregate the capital investment and new job requirements among the data center owner and its tenants in order to meet the thresholds. .

8 Robust Fiber & Power Deployment

9 Fiber Pathways, Existing Facilities & Potential Data Center Sites
Equinix Innovation Exec. Center COPT DC-6 Innovation Hornbaker Manassas Corp Center

10 Latency From Manassas to: Ashburn - .17 milliseconds
Prince William County has dedicated fiber connections with virtually no latency: From Manassas to: Ashburn milliseconds Ft. Meade milliseconds New York City milliseconds

11 Workforce Accessibility
75% of Northern Virginia’s 1.2 million workers live within a 30 minute commute to the center of Prince William County during rush-hour.

12 Dominion Virginia’s Power Rates - 35% Lower than U.S. Average

13 Dominion Virginia’s Power Competitive Rates

14 Data Center Tax Savings
Effective tax on $1 million over 5 years: $15,000 (1/3 old rate) Tax Year Depreciation Rate Effective Tax on $1 million Year 1 50% of Original Cost $6,250 Year 2 35% of Original Cost $4,375 Year 3 20% of Original Cost $2,500 Year 4 10% of Original Cost $1,250 Year 5 5% of Original Cost $625 Computer Equipment & Peripherals $1.25 per $100 of assessed value Updated: August 2017

15 Assessed Value Depreciation Schedule
Data Center Tax Savings Assessed Value Depreciation Schedule County Tax Rate per $100 of Assessed Value Year 1 Year 2 Year 3 Year 4 Year 5 Prince William County, VA 1.25 50% 35% 20% 10% 5% Fairfax County, VA 4.57 2% Loudoun County, VA 4.20 40% 30% Fauquier County, VA 2.30 60% Culpeper County, VA 3.50 65% Stafford County, VA 5.49 25% 15% Taxes on $1,000,000 investment in Programmable Computer and Peripheral equipment Total $ 6,250 $ 4,375 $ 2,500 $ 1,250 $ $ 15,000 $ 22,850 $ 15,995 $ 9,140 $ 4,570 $ $ 53,469 $ 21,000 $ 16,800 $ 12,600 $ 8,400 $ 4,200 $ 63,000 $13,800 $9,200 $4,600 $2,300 $30,130 $22,750 $17,500 $14,000 $10,500 $7,000 $71,750 $19,215 $16,470 $13,725 $10,980 $8,235 $68,625 Updated: January 2018

16 Data Center Tax Savings

17 Fast-Track Permitting for Targeted Projects
Reduced Site Fees 50% reduction in site fees available for eligible projects. Fast-track permitting Priority status ensures site plan and building plan reviews are expedited. Dedicated Project Manager A project manager is assigned by development services to guide you through the County’s development processes and assist you with your project needs. More than simply a liaison or point-of-contact, your project manager integrates the efforts of your team and the County’s team with the shared goal of a successfully completed project. NOTE: Not all projects will be eligible for fast-track permitting. Targeted Status is awarded at the discretion of the Department of Economic Development and the Board of County Supervisors based on board-adopted eligibility guidelines.

18 Select Data Center Location Options

19 Freedom Innovation Center
Site Details Address: 9534 Godwin Dr. Manassas VA 20110 Acreage: 45 ac. for Build to Suit lease Zoning: M-2 Zoned (Light Industrial) Nearest Arterial: University Blvd. / Godwin Dr. Power Provider NOVEC - 2 separate transmission lines from separate sets of substations Nearest Substation On-Site Capacity MW sub Price TBD

20 COPT DC-6 – Existing Colo Facility
Site Details Address: 9651 Hornbaker Rd. Manassas VA 20109 Acreage: 19.5 acres – existing building Zoning: PBD Zoned (Planned Business) Nearest Major Arterial: Hornbaker Rd. / Rt. 28 Power Provider NOVEC Nearest Substation 5,300 ft. Capacity 30 + MW

21 Manassas Corporate Center
1.5 Million Sq. Ft. Data Center Campus 5 buildings on 100 acres. Dedicated substation on-site with redundant distribution Site Details Address: 10101 Harry J. Parrish Blvd. Manassas VA 20110 Acreage: 100 acres Zoning: M/T Zoned (Industrial / Transportation) Nearest Major Arterial: Rt. 234 Prince William Pkwy / Clover Hill Rd. Power Provider Dominion VA Power Nearest Substation Adjacent Capacity 200 MW on-sight Price Lease & Colo Opportunities

22 Manassas Corporate Center

23 Prince William County Department of Economic Development
PwcEconDev.org | Follow us on Twitter @PWCDED Sign-up for our Newsletter at


Download ppt "Data Center Overview Presented by:"

Similar presentations


Ads by Google