The former America Online campus in Ashburn will be converted into a large data center campus by its new owners, American Real Estate Partners (AREP) and Harrison Street, who are investing $1 billion to expand in Data Center Alley.
Pandemic Spurs Data Center Construction Boom in Northern Virginia
Developers are racing to build more data centers in Northern Virginia to meet extraordinary demand for cloud computing resources due to the COVID-19 pandemic.
A New Cloud Corridor Emerges South of Ashburn
A new cloud corridor is emerging in Northern Virginia, as data center developers lock down development parcels just west of Dulles Airport. Recent deals value data center sites at more than $1 million an acre.