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Amazon withdraws plans to build Virginia data center

Zero Hedge +1 ·

MS Morgan Stanley
$179.49 -2.44%
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  1. 1Amazon has withdrawn plans to build a data center on the former George Washington University campus in Ashburn, Northern Virginia.
  2. 2Amazon paid 427,000,000 dollars to purchase the campus site earlier this year, but the land will be rezoned for residential use.
  3. 3Approximately 39% of Loudoun County's 1,200,000,000 dollars in property tax revenue for fiscal year 2026 comes from data centers.

So what's the key point?

Amazon has canceled its plan to build a data center at the old George Washington University campus in Ashburn, Northern Virginia.

Source Zero Hedge +1 · View original ↗

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