
Chesapeake says existing rules allow data centers, while power discussions with Dominion have focused on prospective industrial users.
A developer has acquired a large industrial site in Virginia that is permitted to host data centers under existing city rules, though no specific data center project or customer has been publicly identified for the property. The site is significant because the city has spent years planning its power and infrastructure needs with the local utility company in preparation for large industrial users. The city is currently developing new zoning rules and policies for data centers across the broader region, but this particular property already allows data centers under its existing development guidelines. Neither the developer nor city officials have disclosed details about a prospective tenant, power requirements, or timeline for any data center project at the site.
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The company’s strategy emphasizes that “bragawatts” aren’t all equal: a megawatt at the end of a weak radial line has far less value than one supported by redundant, resilient transmission systems.

Data center land banking reshapes industry growth by securing land for future expansion as demand surges and site selection challenges intensify.

Natural gas prices could triple in some parts of the U.S., which could saddle hyperscalers with massive bills to power their AI data centers.
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