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Red Ace Data Center campus (Keyser Road)

Red Ace Capital Management

Status
Rezoning approved 4-3 (Jul 2, 2024)
Developer / parties
Red Ace Capital Management
Location
Stevensburg area, Culpeper County
Size
Two four-story data centers of 290,000 sq ft each (1.16 million sq ft) plus an electrical substation on 69.19 acres (DCD)
Investment
$350 million; completion not before 2028 (DCD)
Reported benefits
DCD reported expected business personal property tax revenue of $14 million to $19 million a year (as reported by DCD)
Concerns / impacts
Residents raised noise, water and power use and natural-resource impacts at the hearing (DCD)
Last verified
2026-11-02

Milestones

Figures are attributed in parentheses to the outlet or company that reported them. Where sources disagree, we show both.

  1. Jun 4 2024 public hearing, then at the applicant's request the Board delayed its final vote to Jul 2 (PEC)
  2. Jul 2 2024 Board approved rezoning 69.19 acres from Rural to Light Industrial, 4-3 (DCD, citing the Culpeper Star-Exponent; the approval itself rests on that one article)

Related records

2024-07-02
Board of Supervisors News report Culpeper County · Red Ace Data Center campus (Keyser Road)

Board approved rezoning of 69.19 acres from Rural to Light Industrial for Red Ace Capital's two-building, 1.16 million sq ft data center campus on Keyser Road, 4-3 (DCD citing the Culpeper Star-Exponent). (Source article dated Jul 8, 2024.)

Source: datacenterdynamics.com ↗

Sources

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