Overview
- Deed records show a $427,299,350 price for roughly 122 acres—about $3.5 million per acre—with authorization for a data or information technology center.
- GW can remain on the Ashburn site for up to five years without rent as it plans program relocations.
- The Board directed sale proceeds to establish a strategic endowment and fund one-time bonuses of $2,500 for eligible full-time staff and $1,250 for part-time employees.
- Loudoun County now requires Special Exception review for many data centers, and a county economic development official said the board’s vision for this area excludes that use.
- Amazon’s purchase fits its plan to invest $35 billion in Virginia data centers by 2040, underscoring demand that has lifted prices far above assessed values.