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  • cron@feddit.orgtoMicroblog Memes@lemmy.worldIt's not a bubble!
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    3 months ago

    For example in Illinois:

    The rush to build data centers has become the new Oklahoma land grab, with providers competing for prime real estate. In one instance, a data center provider bought 55 homes only to demolish them to make room for its campus. Stream Data Centers, a Dallas-based provider of colocation and custom data-center construction services, last November purchased 55 homes in a 34-acresubdivision of Elk Grove Village, Illinois. According to published reports (here and here), Stream paid an average of $950,000 for each house.