Comments

You must log in or register to comment.

ThatChildNextDoor OP t1_iujc6s9 wrote

Information for those who are wondering about what's going on in the area.

4

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.

26

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?

3

wagonboss t1_iujo1u2 wrote

We’re accessible to DC, on 95, have an airport, AND the port.

No surprise to me at all.

11

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

7