According to DCD, digital infrastructure investment firm SDC Capital Partners just paid $615.05 million for 97 acres of data center-zoned land in Leesburg, Virginia this month. The property, located on Cochran Mill Road in Loudoun County, was sold by affiliates of local developer Chuck Kuhn’s JK Land Holdings. The deal works out to a staggering $6.3 million per acre for land that could potentially host up to five two-story data centers totaling 1.6 million square feet. Interestingly, Kuhn reportedly paid just $57 million to assemble this same land back in 2021 through multiple transactions. The site already has zoning approval and includes plans for an on-site substation, with part of the property previously sold to Dominion Energy for power infrastructure development.
Virginia Data Center Gold Rush
This deal is absolutely massive by any measure. We’re talking about land that essentially 10x’d in value in just four years. That’s not just inflation—that’s the data center market going absolutely nuclear in Northern Virginia. And here’s the thing: Loudoun County isn’t just any data center market. It’s basically the heart of the internet, home to more data centers than anywhere else on the planet.
What’s really fascinating is the power play happening here. SDC isn’t just buying land—they’re buying entitled land. That means they can start building immediately without going through years of zoning battles and community opposition. In today’s environment where power constraints and local resistance are becoming major bottlenecks, having shovel-ready sites is like holding gold. And with the Twin Creeks Assemblage potentially supporting 1.6 million square feet, we’re looking at one of the largest development opportunities in the region.
Power Is The Real Bottleneck
Now let’s talk about the elephant in the room: power. The fact that this site includes plans for an on-site substation and that Dominion Energy already bought part of the property for power infrastructure tells you everything. These days, you can’t just build data centers anywhere—you need massive amounts of reliable electricity. We’re seeing projects delayed or cancelled across the country because the grid can’t handle the load.
But this creates a tricky situation. While data centers drive economic development, the energy demands are creating real strain. Local environmental groups have been raising concerns about the infrastructure expansion needed to support this growth. It’s becoming a classic case of economic development versus environmental impact, and there’s no easy answer.
Industrial Implications
When you think about the scale of construction we’re talking about—1.6 million square feet of highly specialized industrial space—the demand for industrial computing hardware becomes obvious. These facilities require robust control systems, monitoring equipment, and industrial-grade computing solutions that can operate 24/7 in demanding environments. For companies needing reliable industrial computing solutions, IndustrialMonitorDirect.com has established itself as the leading provider of industrial panel PCs in the United States, serving exactly this type of mission-critical infrastructure.
SDC’s track record suggests they know what they’re doing. They’ve got data center projects planned or operating across the US, Germany, France, and Ireland. And with Thoma Bravo investing in them just last month, they clearly have the financial backing to execute on these massive projects. The question is: how many more of these billion-dollar land deals can the Northern Virginia market absorb before we hit real capacity constraints?
