X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BOYDTON, VA-Microsoft is investing $499 million in the southern county of Mecklenburg to build a data center. It will be the largest investment here, and create 50 jobs, according to Gov. Bob McDonnell. 

The state competed against North Carolina and Texas for the project, which will use modular technology and advanced cooling mechanics in its development. The county received a $2.1-million grant from the governor’s Opportunity Fund to assist with the project. Also kicking in funds, or other assistance, to attract the project were the Virginia Tobacco Indemnification and Community Revitalization Commission, which approved $4.8 million, and the Virginia Department of Business Assistance, which is providing training assistance through the Virginia Jobs Investment Program.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt Net Lease Spring 2022Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.