
Iron Mountain, Prince William County
The World's Largest Data Center Market
Virginia hosts the largest data center market in the world and is home to 35% (almost 150) of all known hyperscale data centers worldwide.
Virginia offers an exemption from retail sales and use tax for qualifying computer equipment purchased by data centers that meet statutory investment and employment requirements. Virginia was the first state to allow the tenants of colocation data centers to receive the benefit of the sales tax exemption. In addition, local business property tax rates on computer and related equipment for data centers have been reduced by a number of localities.