Microsoft Buys 332 Acres Near Leesburg

Microsoft Corp. has closed on deal to purchase 332 acres on the west side of Leesburg Executive Airport from the Petersen Companies.

The Compass Creek property, just south of Leesburg’s municipal boundary, is a 550-acre tract approved for construction of 2.5 million square feet of office space, 550,000 square feet of retail development, 300,000 square feet of flex-industrial uses and a hotel. Already approved on the property is the 100,000-square-foot center ION International Training Center, which is under construction, and a Super Wal-Mart.

The sale was valued at nearly $73 million.

“I’m very excited that Microsoft has made this commitment to Loudoun County. Loudoun continues to evolve as a technology location, and I’m very confident this will be a very successful campus for the future of one of the world’s great companies,” Loudoun’s Executive Director of Economic Development Buddy Rizer said.

3 thoughts on “Microsoft Buys 332 Acres Near Leesburg

  • 2018-09-22 at 10:04 am

    Please say this isn’t going to just be a bunch of Microsoft data center buildings. Loudoun has to get over its addiction to using up scarce land resources for low revenue data centers vs. high value professional employment centers.

    • 2018-09-22 at 3:57 pm

      I’d rather see a big corporate office campus too, but don’t kid yourself. Data centers will bring in a quarter BILLION dollars this year in taxes. It’s not the taxes on the buildings, it’s the taxes on the hundreds of millions of dollars of servers inside each one that brings in the cash. And for all that money, they require very little in services from the county. They don’t produce alot of jobs, but what jobs they do produce (25 to 50 each?) Tend to be high paying jobs.

  • 2018-09-22 at 8:37 pm

    Now we see why Leesburg wanted to annex the property…MICROSOFT MONEY!

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