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.
The data center industry is busier than ever. With more new players entering the industry, this has meant lower pricing on large deals in the most competitive markets.
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.
Microsoft continues to expand its global data center infrastructure, buying land to add massive amounts of server capacity in key North American cloud hubs in Iowa, Northern Virginia and Phoenix.
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.
Lee Kestler, Aligned and Amazon Web Services were among those honored as the Northern Virginia Technology Council recognized the industry’s accomplishments at its 2020 Virginia Data Center Awards.
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.