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“Likely Data Center Site Acquired by Amazon for $277M”

"Likely Data Center Site Acquired by Amazon for $277M"

Amazon has recently acquired a 220-acre property in Laveen for a potential data center campus, paying $277 million to the seller, IDM Companies. This site is conveniently located near Loop 202 and Dobbins Road, just 20 minutes from downtown Phoenix. The city aims to develop this industrial corridor into a technology hub.

According to the Phoenix Business Journal, Taiwan Semiconductor Manufacturing Co. initially considered this area as one of two potential locations for its manufacturing complex in Phoenix.

In Mesa, Amazon already has plans for two data center projects with a total of four main buildings spanning over 465,541 square feet. Additionally, the company is set to open three new facilities across the West Valley that will create hundreds of job opportunities.

Phoenix ranks second in terms of planned data center growth in the United States with currently under construction and an additional planned capacity totaling at megawatts respectively.The market also boasts all major cloud providers such as Microsoft Oracle Google Amazon Web Services and Meta.

Overall,AWS’s acquisition marks yet another significant investment by tech giants into Arizona’s thriving technology sector.

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