Amazon, the tech and e-commerce company, is expanding its presence in Phoenix by acquiring a large parcel of land in Laveen for potential use as a data center campus. As first reported by ABC15, Seattle-based Amazon.com Inc. purchased the 220-acre site for $277 million in cash. This acquisition amounts to over $1.2 million per acre for the Valley property.
Emphasizing the significance of this deal, an Amazon Web Services spokesperson said "we are constantly evaluating new locations based on customer demand." This purchase follows AWS's robust investment track record, the cloud-computing arm having ploughed over $108 billion into infrastructure since 2011 as indicated by its 2023 economic impact report. The Laveen property, located near Loop 202 and Dobbins Road, is about 20 minutes west of downtown Phoenix, forming part of an envisioned industrial corridor for technology, in a statement obtained by the Business Journal and cited by ABC15.
Other news outlets, including City News Phoenix, have reported that this acquisition may benefit the region's tech growth, as Phoenix's role as a hub for cloud services and tech infrastructure is expected to increase. This area, which had been considered by Taiwan Semiconductor Manufacturing Co. for its own expansion, is gaining attention from prominent tech firms, and Amazon's recent move may encourage further industrial interest.
As the Phoenix tech landscape expands, the implications of Amazon's investment extend beyond the corporate sector. It is expected to create job opportunities, drive infrastructure improvements, and contribute to Phoenix's role as a technological hub.
