American Real Estate Partners (AREP) is teaming with investor Harrison Street to pursue data center development deals, which will likely extend beyond their first project in Ashburn’s Data Center Alley.
Dominion Energy is developing more renewable energy for its power grid, a welcome development for tech companies seeking more green power for their data centers in Northern Virginia.
American Real Estate Partners (AREP) has teamed with investor Harrison Street to acquire a piece of prime real estate in Ashburn’s “Data Center Alley” where it plans to build a 265,000 square foot data center.
Cologix says it has broken ground on a large data center campus in Northern Virginia, commencing construction on a planned 1 million square foot campus in the heart of “Data Center Alley” in Ashburn.
Data center developers are scrambling to add capacity, as this year’s record leasing activity has consumed much of the available supply of server space. Several leading markets are seeing a boom in construction.
Equinix is expanding in Northern Virginia’s Data Center Alley, opening a new campus in Ashburn featuring an innovation lab and new design for a series of four-story data centers.
Plans are underway for a $360 million data center project in the heart of Data Center Alley in Ashburn, Virginia, situated at the most connected point on the Internet.
Data centers have provided an economic cushion for hard-hit county budgets in areas with clusters of cloud computing campuses. Data centers have been in growth mode, providing a bright spot as the pandemic has depressed revenues for state and county governments.
Vantage Data Centers is continuing its global expansion by adding capacity in the two largest U.S. markets, Northern Virginia and Silicon Valley. Both markets are seeing strong customer demand, with developers working steadily to provide inventory to keep pace.
Digital Realty plans to build the world’s largest multi-tenant data center campus near Dulles Airport in Northern Virginia. The Digital Dulles campus will create 7.5 million square feet of new data center space in the world’s most active cloud market.