Two regional real estate pros have launched a company specializing in tapping data center demand outside Northern Virginia, citing local officials’ cooling interest in the area’s continuing to be home to the data center industry’s explosive growth.
“Data center development is being choked off in Northern Virginia,” Ross Litkenhous, who recently co-founded Oasis Digital Properties LLC with Nick Over, told me in an interview, referring to growing local political backlash against the industry’s growth in Loudoun and Prince William counties.
But new data centers, for which the modern tech-heavy economy and lifestyles create an insatiable demand, must go somewhere. To the extent Loudoun and company have had their fill, plenty of others are happy to take up the surplus demand, Litkenhous said.
Oasis, their new development company, formed May 3 with its principal office in Falls Church, per state corporate filings, is predicated on the shifting geography of new and future opportunities.
