US data center firm Cologix has acquired land in Virginia for a new development.

The company this week announced the acquisition of 38 acres of land in Ashburn, Loudoun County.

Located on Beaumeade Circle in the area’s ‘Data Center Alley', Cologix aims to develop a new “state-of-the art interconnection hub.”

Full details weren’t shared, but preliminary planning is anticipated to begin around 2030, with 85MW of initial power capacity and expansion capability of more than 300MW over time.

Update: BizJournal reports that Cologix acquired 44590, 44600, 44601, 44611 and 44621 Guilford Drive for a total of $316.99 million. The properties, previously owned by Merritt Properties, are collectively known as the Beaumeade Corporate Park. In a seperate deal the copmany acquired 44620 Guilford Drive, known as Beaumeade Corporate Park’s Building 7, for roughly $58 million.

The two deals equate to more than $9 million an acre.

“As the global epicenter of digital infrastructure, Ashburn offers unmatched scale, density, and strategic importance,” said Laura Ortman, CEO of Cologix. “Opportunities to acquire land of this caliber, in the center of Data Center Alley, are exceptionally rare. This investment reflects our long-term conviction in the market and our commitment to delivering next-generation interconnection, AI, and hybrid cloud services for our customers. As we grow, we remain focused on building efficiently and responsibly - minimizing water consumption and optimizing power usage beyond industry averages. Having been part of this community for nearly a decade, we remain focused on being a responsible and engaged partner as the region continues to evolve.”

Stonepeak-owned Cologix has a portfolio of more than 40 'hyperscale Edge' data centers and interconnection hubs across 12 North American Markets.

The company currently operates one facility in Virginia. ASH1, located at 21745 Beaumeade Circle in Ashburn, offers 120MW across 455,000 sq ft. Work on the three-story data center started in 2020, having bought the former church site in 2018. It was completed in 2023.