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Iron Mountain eyes major data center expansion for Henrico, Virginia
February 18, 2025
Iron Mountain acquires 66 acres for campus in Greater Richmond
RICHMOND, Va. (Feb. 18, 2025) – Iron Mountain, a global leader in information management services, recently acquired a 66-acre site in Henrico, Virginia, with plans for a major data center campus.
“Virginia is the data center capital of the world, and projects like this one in Henrico County are supporting opportunities for continued economic growth,” said Virginia Governor Glenn Youngkin. “Iron Mountain’s major project not only creates valuable jobs but also strengthens Virginia’s position within the data center industry.”
Mark Kidd, Executive Vice President and General Manager, Asset Lifecycle Management and Data Centers, Iron Mountain, said, “At Iron Mountain, we are committed to delivering exceptional solutions for our customers, developing working environments for our teams that enable them to thrive, and making a positive contribution to the communities where we operate. We believe that the Commonwealth of Virginia and specifically Henrico County is the right place for us to achieve these goals, which support our commitment to investing in high-growth data center markets to drive our expansion strategy.”
The Greater Richmond Partnership (GRP) assisted Henrico County Economic Development Authority and Virginia Economic Development Partnership with Iron Mountain’s decision.
“Henrico welcomes Iron Mountain to its family of data center operations,” said Jody K. Rogish of the Henrico County Board of Supervisors and Greater Richmond Partnership’s Board of Directors. “Henrico County’s data center infrastructure – including the Richmond Network Access Point – proves its immense value with affordability, energy availability and access to the world’s fastest internet connections.”
“We are proud to add Iron Mountain to Henrico’s community, as our locality is a trailblazer in allocating data center tax revenue toward the Henrico Affordable Housing Trust Fund program,” said Rogish. Henrico’s Board of Supervisors established the trust fund, effective July 1, 2024, with $60 million in previously unbudgeted revenues from data centers.
“Iron Mountain was approached by the Greater Richmond Partnership nearly two years ago and joins Meta, QTS, Chirisa and Pixel Factory as operations which tap into four high-speed subsea fiber cables that span four continents”
Jennifer Wakefield, GRP President and CEO
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About GRP
The Greater Richmond Partnership (GRP) is the lead regional economic development organization for the City of Richmond and counties of Chesterfield, Hanover and Henrico in Virginia. GRP attracts new companies to the region by providing in-depth market data, marketing the region globally and generating quality economic opportunities.
About the Henrico EDA
As enduring economic stewards for more than 50 years, the Henrico EDA is your single point of contact for business development and site selection services in Henrico. Our team of experts goes the extra mile in every initiative and interaction to ensure both companies and residents can enjoy the vibrant community that they deserve. The Henrico community is strategically located in the heart of the Eastern Seaboard, adjacent to Virginia’s capital city of Richmond. Learn more about our extensive inventory of commercial and industrial properties ideal for the advanced manufacturing, life sciences, and corporate services sectors when you visit Henrico.com, and sign up for our Property Now and Henrico Now newsletters.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. The company’s broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs. Iron Mountain’s longstanding commitment to safety, security, sustainability and innovation in support of its customers underpins everything it does.
