George Washington University sold a campus to Amazon for $427 million. It’s becoming a data center
George Washington University sold a campus to Amazon for $427 million. It’s becoming a data center
GWU’s Ashburn tech campus is headed for a second life as Amazon capacity, as the AI boom turns classrooms into compute
Sean Gallup/Getty Images
In Ashburn, Virginia, campuses don’t just educate. They appreciate.
George Washington University just sold its Virginia Science and Technology Campus to Amazon $AMZN Data Services for $427 million, planting a university property squarely inside the market for something more valuable than classrooms: entitled, electrifiable land in Data Center Alley.
The GW Hatchet, citing real estate records, reported that the purchase price was $427,299,350 for roughly 122 acres — about $3.5 million an acre — and said the deed authorizes a “data or information technology center” on the site. Because in northern Virginia, land is increasingly valued by its proximity to fiber routes and power, not lecture halls.
GW said the sale........
