The land approved for a data center campus off Page Road in Powhatan County, Virginia, has changed hands. Powhatan Technology Park LLC, an entity tied to Vantage Data Centers, paid roughly $9.4 million last month for the two parcels that make up the site, Richmond BizSense reported on Nov. 2.

A Powhatan County representative told the publication that the 120-acre tract closed on Oct. 21 for $5.7 million, and that the roughly 60-acre parcel closed the same day for $3.65 million. As of Friday, Oct. 30, the sale did not yet appear in the county's online property records, according to BizSense.

Vantage confirmed the purchase in an email on Friday. "We are evaluating opportunities for future development at the location, but we do not have any additional details to share at this time," the company said, according to BizSense. The county representative said no site plan has been received and that Province Group, the developer that took the project through rezoning, remains involved.

What Was Bought

BizSense places the site at 1318 Page Road, on the east side of Page Road north of Anderson Highway, on the Powhatan-Chesterfield line. The land is already entitled. It was rezoned in two stages over two years, and the approved campus allows up to four detached buildings totaling 2 million square feet, according to BizSense.

The county's own figures describe a large project. In an Oct. 29, 2025 press release, Powhatan County called the combined 181-acre campus a $3 billion project and estimated it would bring about $10 million a year in additional property tax revenue. The release also noted that residential property makes up just over 93% of the county's property values. County staff, as reported by BizSense in October 2025, estimated recurring tax revenue at about $9.7 million a year at full build-out.

How the Site Was Entitled

The first stage came in October 2024. At its Oct. 28, 2024 meeting, the Board of Supervisors voted 3-2 to approve a rezoning and conditional use permit for 119.9 acres bordering Chesterfield County, Virginia Business reported at the time. That vote went against the Planning Commission, which had recommended denial on Sept. 3, 2024.

The 2024 plan was smaller than what is now approved. Virginia Business reported that Province Group estimated $3 billion in capital investment at full buildout, while county staff estimated $2.7 billion, for three data centers. The applicant said the campus would support 150 to 200 on-site jobs. A Mangum Economics study projected 165 direct jobs and $17 million in taxes to the county by 2034, or $21.5 million in total annual taxes once indirect effects are counted. One proffer reserved the land for data center use only for 18 months. After that, 45 other uses would be allowed.

The second stage came a year later. On Oct. 27, 2025, the board voted unanimously to rezone 61.8 acres off Page Road from Agricultural 10 (A-10) to Light Industrial (I-1), at the request of Newport Equities LLC, according to the county's press release. BizSense identified Newport Equities as tied to Province Group and named Jeff Geiger of the law firm Hirschler as the applicant's counsel. BizSense reported that the addition raised the planned build-out from 1.5 million to 2 million square feet.

The 2025 approval also reversed a recommendation. The Planning Commission had voted unanimously on Oct. 7, 2025 to recommend denial, BizSense reported. The county's release said staff and the commission first recommended denial because the application lacked proffers on utility contributions.

The proffers attached to the approval cover setbacks and natural buffers, traffic improvements on Anderson Highway, a utility agreement with the county, and funding for on-site and off-site utility improvements, according to the county. A conditional use permit lets buildings exceed the county's usual 45-foot height limit, up to 75 feet. Rooftop equipment may reach 90 feet if it is screened.

The Power Question

Power is the main open question for the campus, and the timeline is long. County staff estimated that the campus would need 300 to 400 megawatts at full build-out, BizSense reported in October 2025. Serving that load would require a new substation on 7 to 8 acres, and staff said procuring its equipment could take five to seven years.

Dominion Energy has issued a "will serve" letter for the site, according to the staff account reported by BizSense. The utility will not issue a formal letter of authorization until site plans are submitted. As of Oct. 30, 2026, the county said it had received no site plan.

So far, the sale changes who owns the land, not what has been approved for it. The zoning, proffers, height allowances and power requirements described above all come from the 2024 and 2025 approvals. None of the sources describe a new application, a revised building count or a construction schedule tied to the sale. Vantage's only public statement is that it is "evaluating opportunities for future development."

Figures at a Glance

The sources give different numbers for the same project at different stages, so each is listed here with where it came from:

  • Land area: 119.9 acres approved in 2024 (Virginia Business) and 61.8 acres approved in 2025 (Powhatan County), for 181 acres combined (county). BizSense describes the parcels sold as 120 acres and about 60 acres.
  • Purchase price: about $9.4 million in total. That is $5.7 million for the 120-acre tract and $3.65 million for the roughly 60-acre parcel (county representative, via BizSense).
  • Building area: 1.5 million square feet before the 2025 addition and 2 million square feet after, in up to four buildings (BizSense).
  • Project value: $3 billion in 2024 (Province Group estimate, via Virginia Business), $2.7 billion (county staff estimate for the 2024 plan, via Virginia Business) and $3 billion for the combined campus (county, 2025).
  • Power: 300 to 400 MW at full build-out (county staff, via BizSense).
  • Annual tax revenue: about $10 million (county release) and about $9.7 million at full build-out (staff estimate, via BizSense).

What Happens Next

The next on-the-record step is for the owner to submit a site plan to Powhatan County. As of Oct. 30, 2026, the county said it had not received one. According to county staff's account reported by BizSense in October 2025, Dominion Energy will not issue its formal letter of authorization for service until site plans are submitted. No hearing, vote or construction date for the site has been announced in the sources.

Sources