Blackstone's QTS Abandons Virginia Data Center Project, Withdraws Litigation This Week

According to Bloomberg and sources familiar with the matter, executives at QTS Data Centers, a real estate investment trust owned by Blackstone, have decided to stop pursuing litigation for a data center project in Prince William County, Northern Virginia. The company's lawyers plan to notify the court of this decision as early as this week. The project involved converting over 800 acres of land in Northern Virginia into a major technology hub but faced strong local opposition due to its proximity to a Civil War battlefield site.
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