After years of rocket-ship growth, the Northern Virginia data center market is still flying high, but in a slightly lower orbit than in 2018. Industry CEOs, executives and analysts discuss trends in Data Center Alley.
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.
Tax revenues have surged in Loudoun County, Virginia, boosted by taxes from the growing data center cluster in Ashburn’s Data Center Alley. The windfall highlights the potential for data centers as engines for economic development.