Amazon abandons data centres plan it paid $427 mn for; donates $5 mn for housing

Amazon has officially canceled its plans to construct four data centers in Loudoun County, Virginia, a project for which the company had previously invested $427 million. In light of the project's termination, the company has entered into an agreement to donate approximately 25 acres of the intended site to the local county government for the development of community facilities.

As part of this transition, Amazon will contribute $5 million toward the county’s affordable housing initiatives. The move marks a significant pivot from the company's original industrial development strategy for the land toward a focus on public infrastructure and residential support.