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| All Over the Area, Data Centers Assume New Identities by Jeremy at 7:23 am EDT, May 14, 2002 | |||
Not long ago, the Washington region was one of the hottest spots in the nation for building bunker-like warehouses for the powerful computers that send, receive and store data on the Internet. Now, with many of those data centers gone dark, the region has become a magnet for bargain hunters. Only 34.7% of data-center space is being used. About 1/3 of the excess is for sale, at a 50-90% discount off the construction cost. The data centers originally blossomed as the Internet bubble grew. The theory was that Internet traffic would continue to double every six months ... "There was sort of an ad hoc land-grab mentality." ... "The heyday of telecom expansion is not what it was and will not be coming back." | |||
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