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.
Yondr Group has big plans in Northern Virginia. The developer has acquired 270 acres of land, and plans to build 500 megawatts of data center capacity across Loudoun and Prince William counties.
Microsoft has acquired land in the fast-growing Dulles Cloud Corridor in Northern Virginia, paying about $1.4 million an acre for land zoned for data center use.
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.
Amazon Web Services is continuing to expand in Northern Virginia, including a massive data center campus just south of Dulles Airport, which could add up to 2.5 million square feet of cloud computing capacity.
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.
Digital Realty has acquired 424 acres of land near Dulles Airport, providing the company with a long-term runway for growth in Northern Virginia, the world’s largest data center market.