From Quartz.

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George Washington University sold its 122-acre Virginia Science and Technology Campus in Ashburn to Amazon Data Services for $427,299,350, reflecting demand for permitted, powered sites in Northern Virginia. The agreement authorizes use as a data or IT center in Data Center Alley, where land is prized for fiber and power access. George Washington University said proceeds will strengthen long-term finances, funding an endowment for research, teaching, and financial aid, and it can remain on site for up to five years. The purchase fits Amazon’s Virginia expansion, while Loudoun County’s special exception rules and Supervisor Juli Briskman’s opposition signal heightened scrutiny of new data centers. #amazon #datacenter #aiinfrastructure #gwu #virginialanddeal

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