📋 Tender Overview
Scope :
The Red Ace Data Center campus has been approved for rezoning by the Culpeper County Board of Supervisors in Virginia. Also known as the Keyser Road Data Center, the applicant has received approval for the rezoning of 69.19 acres from Rural to Light Industrial on farmland along Nalles Mill Road and Keyser Road. Red Ace Capital Management - the company behind the project - plans to develop two four-story 290,000 sq ft (26,942 sqm) data centers totaling 1.16m sq ft (148,645 sqm) as well as an electrical substation and associated equipment on the parcel.
The project is expected to require an investment of $350 million and is not due to be completed until 2028.
The Red Ace Data Center campus is the sixth to be approved in Culpeper's Technology Zone in the last few years. The development alone is expected to bring between $14m and $19m in annual tax revenue to the county in business personal property taxes.
Current land-owner Paul Keyser encouraged the Supervisors to approve the rezoning.
