Data Center Advantages
Virginia Beach is plugged in and ready to go with a world-class telecommunications system complete with a data center and development park with available Dominion Energy-certified data center sites, low tax rates for data centers, and available fiber access hubs, which makes communicating globally easy and reliable.
The City of Virginia Beach has reduced the tax rate for data center equipment to solidify its business-friendly approach to this growing industry sector. The new tax rate decreases the tax on computers and peripherals used in data centers to $0.40 per $100 of assessed value, with a depreciation schedule of 40 percent of original cost. This decrease is one of many new initiatives Virginia Beach is embracing to welcome data centers to the city.
Available for data centers that invest $150 million or more, hire 50 or more employees, pay at least 1.5 times the average local wage, and enter into an MOU with the Virginia Economic Development Partnership. Colocation facilities can aggregate the capital investment and new job requirements among the data center owner and tenants. These exemptions extend to qualified data center equipment, including servers, routers, generators, chillers and other enabling hardware.
The city's infrastructure and economic potential have been ranked in the top 10 for mid-sized cities in the Western Hemisphere.
In addition to being the newest cable landing site destination on the East Coast, Virginia Beach boasts a robust broadband infrastructure that is being upgraded to support the next generation of telecommunication systems. A regional backbone will soon connect the area's major government and education facilities and enable commercial and residential access to ultra-high speed networks.
Globalinx Data Center Campus/Colocation Center
Globalinx Data Centers plans to open a 10,750 sf carrier-neutral colocation center as Phase I of their planned 150,000 sf data center campus in Virginia Beach. Located in Corporate Landing Business Park at 1632 Corporate Landing Parkway, The facility offers direct access to multiple subsea cable systems and terrestrial networks, and has access to more than 30MWs of scalable critical power provided by Dominion Energy through two independent substations. Corporate Landing is a certified data center site by Dominion Energy.
By building a carrier-neutral colocation facility in Corporate Landing Park, Globalinx is providing a platform essential for facilitating interconnections between subsea capacity and terrestrial fiber networks. This further advances our goal of making Virginia Beach a truly 'Digital Port' city, and will help attract additional subsea projects to Virginia Beach for true diversity from the subsea cable systems in the New York-New Jersey region.
Once completed, the Globalinx Data Center Virginia Beach campus will provide high-capacity space for network carriers, subsea operators, enterprises and hyperscale providers to collocate their networking equipment in a secure location and interconnect in the building's "Meet-me-Room."