Remington-area data center could generate $70M in taxes when complete, county official says
A data center complex known as the Remington Technology Park, approved in 2018, could generate up to $70 million annually in local tax revenue for Fauquier County. This project is one of five proposed near Remington, with the other four still seeking approval. Additionally, the OVH Data Center complex is exempt from the county's new zoning rules aimed at restricting large data centers at Vint Hill.
The Remington Technology Park, a data center complex in Virginia's Fauquier County, is projected to generate as much as $70 million annually in local tax revenue once fully built out. This figure surpasses the total tax revenue the county currently collects from all existing businesses combined. The project was initially approved in 2018 but has not yet commenced construction.
Five data center campuses have been proposed in the Remington area, but only the Remington Technology Park has received approval to date, with the other four still undergoing the approval process. The article also notes that the OVH Data Center complex is one of three projects that will be exempt from new zoning rules recently enacted by Fauquier County. These new regulations are designed to impose more restrictions on large data centers, particularly those planned for the Vint Hill area. There are also indications that Remington data center developers are exploring options to generate their own power due to service delays.