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The Atlanta Formula
Energy: Data-lanta?
Nov 14, 2024
Discover the explosive growth of data centers in Atlanta and its wide-ranging effects on the economy and environment. Learn how Amazon's Web Services transformed the region's digital landscape. Explore the innovative STEM Wars initiative, turning spaces into immersive learning environments to equip students for future careers. Lastly, delve into the unique economic opportunities arising from this data center boom, with a focus on sustainability and community engagement.
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Quick takeaways
- Atlanta's data center market is experiencing unprecedented growth, becoming the sixth largest in the U.S. with a 211% increase in development.
- The economic impact of data centers is profound, contributing over $20 billion to the GDP and creating high-paying jobs while raising inclusivity concerns.
Deep dives
Atlanta's Data Center Growth
Atlanta is experiencing explosive growth within the data center market, highlighted by a remarkable 211% increase in development between 2022 and 2023. Currently, the city has seen a 76% year-over-year surge in data center construction, transforming it into the sixth largest data center market in the United States. With data center capacity expanding from 142.6 megawatts in 2019 to a staggering 1.3 gigawatts, demand is accelerating and attracting significant investment. Projections indicate a compound annual growth rate of 21.83%, showcasing Atlanta's burgeoning role in the digital infrastructure landscape.
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