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Board approves sale of 386‑acre Stonewall property for proposed data center

Brunswick County Board of Supervisors · November 20, 2024
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Summary

The Board approved a resolution authorizing the county administrator to execute a purchase‑and‑sale agreement conveying approximately 386 acres (the Stonewall property) to Thor Equities / JDS Equities 2 LLC for $6,000,000, subject to county attorney review and statutory requirements.

The Brunswick County Board of Supervisors voted to approve a resolution authorizing sale of roughly 386 acres known as the Stonewall property to Thor Equities, which will form JDS Equities 2 LLC as the purchaser. The board’s resolution recited that the county previously acquired the property for about $3,000,000 and that the purchaser has agreed to a purchase price of $6,000,000 for use as a data center consistent with existing zoning.

The resolution cited Virginia Code sections governing conveyance after a duly advertised public hearing. The board authorized the county administrator to execute, acknowledge and deliver the real estate agreement with any changes approved by the county administrator or the chairman after consultation with the county attorney. The resolution was moved, seconded and adopted by voice vote.

The action included these procedural elements: the resolution takes effect immediately, the conveyance is conditioned on attorney review and compliance with statutory public‑notice requirements, and staff will advance closing steps identified in the purchase agreement.

Representative details presented at the meeting include approximately 386 acres (north side of US‑58/Governor Harrison Parkway, parcel numbers cited) and a stated purchaser price of $6,000,000. The board’s action was limited to approving the real estate agreement in the form presented and authorizing execution subject to final adjustments and legal review.

Next steps: county administrator and county attorney will finalize the agreement, and staff will return with closing confirmations as appropriate.