Brookfield’s Compass Bails on Massive Virginia Data Center

Compass Datacenters is pulling out of a yearslong effort to build a key part of a 2,100-acre data-center corridor in Northern Virginia after the development faced intense pushback from local residents.

The Brookfield Asset Management-backed data-center company has spent years trying to secure Prince William County’s blessings to develop more than 800 acres of the project. After sinking tens of millions of dollars into the plan, Dallas-based Compass decided that public opposition and state lawmakers’ growing resistance to providing tax breaks created too many roadblocks, according to people familiar with the matter, who asked not to be identified discussing confidential details.