The Prince William County Dept. of Economic Development announced that Iron Mountain Information Management, LLC has selected Manassas, VA as the location for a $350 million state-of-the-art data center campus.
The project will bring 25 highly skilled Iron Mountain jobs and another projected 25 tenant positions to Prince William County, all at an average salary of $100,000 a year.
Governor Terry McAuliffe said in a statement that “We are delighted to welcome Iron Mountain’s first Virginia data center to Prince William County.”
Mark Kidd, Iron Mountain Senior Vice President and General Manager, Data Centers, said that they explored several U.S. locations for this expansion and Prince William County was a clear forerunner. “Prince William County is a great fit for us with our focus on security, compliance, efficiency and reliability,” added Kidd.
The company cited the availability of large industrial zoned sites and abundant fiber and power among the reasons for selecting the site in Manassas, VA. The site is a short distance from a new power substation and switching station, allowing for underground power distribution. The data center campus plan includes three buildings totaling 375,000 square feet, with future growth capacity.
The PWC Board of County Supervisors have approved an agreement between the Industrial Development Authority (IDA) of Prince William County and Iron Mountain Information Management, LLC. Prince William County economic development incentives for the project include $500,000 in water and sewer availability fee credits that have been assigned to the IDA, as an incentive for the project.
The Iron Mountain project will not only further diversify and expand the data center colocation market in the County, but also allows Iron Mountain Data Centers to enter the Greater Washington metropolitan area from a strategic location. According to a recent JLL study, Northern Virginia is already the biggest multi-tenant data center market in the country.
Corey A. Stewart, Chairman, Prince William Board of County Supervisors noted that “We are continuing to grow these highly skilled job opportunities by attracting global companies that recognize the full advantages of the County’s strategic location and lowest competitive costs in the Greater Washington metropolitan area.”
Boston, MA-based Iron Mountain Inc. (NYSE: IRM) is a Fortune 1000 company founded in 1951. It is now a leading provider of storage and information management services with a real estate network of more than 69 million square feet across more than 1,100 facilities in 37 countries.