Iron Mountain Information Management, LLC will develop a new data center campus in Prince William County, VA. Iron Mountain and its partners will invest $350 million in state-of-the-art data center facilities for customers in corporate enterprise, government and technology, and create 25 new jobs.
“We explored several U.S. locations for this expansion and Prince William County was a clear forerunner,” said Mark Kidd, Iron Mountain Senior Vice President and General Manager, Data Centers. “Northern Virginia is an important national market for data centers and our customers are excited that Iron Mountain’s highly secure and reliable product will be available here. Prince William County is a great fit for us with our focus on security, compliance, efficiency and reliability.”
Iron Mountain, a Fortune 1000 company, will be a new data center company to Prince William County, which will not only further diversify and expand the data center colocation market in the county, but in the broader Mid-Atlantic region. This project allows Iron Mountain Data Centers to enter the Greater Washington metropolitan area from a strategic location with robust power and fiber infrastructure and unique site features that will accommodate highly secure data center applications.
The Prince William Board of County Supervisors approved an agreement between Iron Mountain Information Management, LLC and the Industrial Development Authority (IDA) of Prince William County and agreed to assign $500,000 in water and sewer availability fee credits to the IDA, as an incentive for the project.
“We’re delighted to welcome Iron Mountain to Prince William County and to our growing Information Technology-based business community,” said Corey A. Stewart, Chairman, Prince William Board of County Supervisors. “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.”
“The addition of 25 new highly skilled jobs and the projection of a further 25 tenant positions, all at an average salary of $100,000 a year, is another example of the type of jobs we are attracting in Prince William County,” added Stewart.
Prince William County was selected above other national and regional jurisdictions due to the availability of large industrial zoned sites and abundant fiber and power. Iron Mountain Information Management, LLC, intends to establish its data center campus on 83 acres. The campus will be built in phases and is currently planned for three buildings totaling 375,000 square feet, with future growth capacity. The site is a short distance from a new power substation and switching station, allowing for underground power distribution. This creates an additional layer of security for tenants while creating a more aesthetically pleasing environment. Iron Mountain intends to open the first building on the campus in spring 2017.
According to a recent study by JLL, Northern Virginia is the biggest multi-tenant data center market in the country. Prince William County is well-positioned to take advantage of the expansion of the IT industry due to its ability to expedite mission-critical and time-to-market requirements that provides international and national enterprises significant competitive advantages.
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