Amazon abandons $427 million GW campus data center plan and pledges land donations worth $65 million instead

What happened: Amazon withdrew its $427 million plan to build data centers on George Washington University's Virginia campus and will donate about 25 acres to Loudoun County for community facilities instead. Key numbers: $427 million purchase price; $65 million stated land value; $5 million to the county affordable housing trust fund; about 25 acres; four buildings over 800,000 Why it matters: The deal ends Amazon's data center pursuit on the site and shifts the remaining land toward mixed-use development with housing as the predominant use, after local officials opposed the proposal.

Amazon withdrew its $427 million plan to build data centers on George Washington University's Virginia campus and will donate about 25 acres to Loudoun County for community facilities instead.

The deal ends Amazon's data center pursuit on the site and shifts the remaining land toward mixed-use development with housing as the predominant use, after local officials opposed the proposal.