Google announces $9 billion investment in Virginia, including a Chesterfield data center
- Think Big
- Aug 27
- 1 min read
For years it has been known as Project Peanut, but on Wednesday, Chesterfield’s newest business development was unmasked.
Google announced a $9 billion investment in the state at Brightpoint Community College, formerly known as John Tyler Community College.
Governor Glenn Youngkin was joined by Google President Ruth Porat to announce several initiatives, including a new data center at Meadowville Technology Park.
Virginia is home to the most data centers in the United States, and while they have become a contentious topic in recent years, Chesterfield rolled out the red carpet for its newest project.
Neighboring Henrico recently voted to slow down the approval process for data centers, and increased the tax rate on existing data centers from 40 cents per $100 of assessed value to $2.60 per $100 of assessed value.
Chesterfield’s rate stands at an attractive-to-businesses 24 cents per $100 of assessed value, and the county has promised to hold that rate through rebates during the 30-year duration of the Project Peanut contract, though a county spokesperson noted that there is no intent at the moment to raise the rate.
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