Submitted by ThatChildNextDoor t3_yimd9v in rva
Comments
Diet_Coke t1_iujdk41 wrote
>The Richmond region continues to be a popular destination for the manufacturing and distribution sectors, as well as tech and pharmaceutical businesses. Much of that is due to its location near major highways, airports, railways and the Port of Virginia’s terminals in Richmond and Hampton Roads, Wakefield says.
I have to notice that what's on the list, attracting companies to Richmond, are all the innate benefits of the location - and not sweetheart tax refund deals.
ThatChildNextDoor OP t1_iujeng0 wrote
>Henrico also landed a $144 million investment from QTS, a data center company that set up a network access point for three subsea telecommunications cables from Virginia Beach, which connect to data networks in Europe, South America and the United States. QTS announced in July it would expand its White Oak Technology Park data center by 1.5 million square feet, near Meta Platforms Inc.’s 970,000-square-foot data center.
I know that data centers take up a lot of energy, but do they actually offer a return of investment to the area?
Vapid_Ingenue t1_iujgnth wrote
The one I'm working at has fed over 1000 families for the past few years. We recently hit 10,000,000 man hours
Chickenmoons t1_iujoon5 wrote
How many employees?
Vapid_Ingenue t1_iujpomt wrote
At full bore we've had around 1200 trades workers
funkipus t1_iujxqkt wrote
Good point. Use that incentive money on infrastructure like public transit so everyone can benefit from it even more.
sleevieb t1_iuk5ca4 wrote
Like when they built it?
Vapid_Ingenue t1_iuk5rwp wrote
Yes. It's still being built. Buildings 1, 2 and 3 are operational. Buildings 5 and 6 have not been completed. The ten million man hours are in reference to the construction of the complex
sleevieb t1_iuk6m8c wrote
Briefly and then are eye sores, noise polluters, and provider employment for an absolute skeleton crew in most cases.
Better than a parking lot but worse than everything else.
Miss_Marna t1_iukb83u wrote
They've been using this as their 'unique selling proposition' since at least the early 1990s. Then the incentives came.
ThatChildNextDoor OP t1_iujc6s9 wrote
Information for those who are wondering about what's going on in the area.