Amazon Pays $277M for Likely Data Center Site

Barchart · 10/18 13:06

Amazon has paid $277 million for a 220-acre site in Laveen that could be used as a data center campus. IDM Companies was the seller.

The Laveen property is located near Loop 202 and Dobbins Road, about 20 minutes west of downtown Phoenix. It is part of an industrial corridor the city wants to establish as a technology center. The Phoenix Business Journal reports it was one of two areas Taiwan Semiconductor Manufacturing Co. first considered for its Phoenix manufacturing complex.

In Mesa, plans are already underway for two Amazon data center projects, each with two main buildings and a total of 465,541 square feet. The company also plans to open three new facilities, each totaling more than 1 million square feet, across the West Valley, creating hundreds of new jobs.

Phoenix is the No. 2 market in the U.S. for planned data center growth, with 757 megawatts under construction and an additional 3,766 planned. The market is also home to all major cloud providers including Microsoft, Oracle, Google, Amazon Web Services and Meta.

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