Seattle-based Amazon.com Inc. (NASDAQ: AMZN) has purchased a 220-acre site in the Laveen area of Phoenix, Arizona, for a potential data center campus. The acquisition, made through its subsidiary Amazon Data Services, totaled approximately $277 million, equating to over $1.2 million per acre.
The property is strategically located near Loop 202 and Dobbins Road, about 20 minutes west of downtown Phoenix. This area is part of an industrial corridor that the city aims to develop into a technology center.
This land purchase underscores Amazon Web Services' (AWS) commitment to expanding its cloud infrastructure to meet growing customer demand. According to AWS's 2023 economic impact report, the company has invested over $108 billion since 2011 to enhance its cloud computing capabilities.
The Laveen site was previously considered by Taiwan Semiconductor Manufacturing Co. for its Phoenix manufacturing complex, highlighting the area's appeal for large-scale industrial and technological developments.
The introduction of a potential Amazon data center in Laveen is poised to bring significant economic and infrastructural benefits to the community. The development aligns with Phoenix's broader strategy to establish the South Mountain Technology Corridor, aiming to attract high-wage jobs in sectors like technology, bioscience, light manufacturing, and finance.
Local residents and businesses can anticipate increased job opportunities, improved infrastructure, and enhanced services as a result of this development.
Phoenix has emerged as one of the top markets for data center development in the United States. The city's favorable climate, robust infrastructure, and business-friendly environment have attracted major players in the data center industry.
Amazon's acquisition adds to the growing list of data center projects in the region, reinforcing Phoenix's position as a key hub for cloud computing and digital infrastructure.
Amazon's purchase of the 220-acre site in Laveen marks a significant step in the company's ongoing expansion of its data center footprint. The potential development promises to bring economic growth and technological advancement to the Phoenix area, particularly benefiting the Laveen community.
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