Danville-Pittsylvania Regional Industrial Facility Authority

company 1 Deal 2 Partners

Danville-Pittsylvania Regional Industrial Facility Authority is a public authority established in 2004 by the City of Danville and Pittsylvania County, Virginia, USA. It focuses on economic development by acquiring, developing, and marketing industrial sites and facilities, attracting capital investment and job creation within its region.

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Founded 2004

Regional Economic Development AuthorityDeveloperGovernmentInvestor

Strategic Overview

Focuses on attracting diverse industries, including manufacturing, logistics, and tourism/hospitality, to the Danville-Pittsylvania region.
Leverages public funds and incentives to prepare and market industrial sites, aiming for job creation and capital investment.
Collaborates closely with local government entities (City of Danville, Pittsylvania County) and regional economic development organizations.

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Deal History (1)

Stack affiliate SAC III Acquisition to acquire up to 2,990 acres at Southern Virginia Megasite for data center development

Seller Data Center United States Mar 12, 2026 USD737.8M

Investment Focus

Technologies

Data Center1

Geography

United States1

Key People

Telly Tucker

Director of Economic Development (City of Danville & Pittsylvania County)

Track Record

Years Active

Notable projects: Caesars Virginia Resort Casino, Averett University Aviation Facility

Detailed Analysis

Sectors

TransportDigital/TelecomUtilitiesSocial Infrastructure

Geographies

United States (2 deals)North America (2 deals)

Deal Stage

GreenfieldBrownfield

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