Amazon Abandons $427 Million GW Campus Data Center Plan and Pledges Land Donations Worth $65 Million Instead

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Amazon has abandoned plans to build four data centers totaling more than 800,000 square feet on George Washington University’s former campus in Loudoun County, Virginia, which it bought for $427 million. The company will donate about 25 acres of land, valued at $65 million, for a community arts center and an indoor sports and recreation facility. It will also waive any legal action to pursue the project and contribute $5 million to the county’s affordable housing trust fund. The remaining land is expected to be rezoned for mixed-use development with housing as the predominant use, a process that could take about a year.

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Telemac
Telemachttp://cryptoinfo.ch
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