How Data Centers Became Hot Real Estate Investments
The U.S. is home to the majority of the world’s data centers with just under 3,000, compared to the country with the next-closest amount, United Kingdom, at just 360. This concentration has brought up the value of the land where the data centers are built. Prices are soaring as much as ten times the original value in one Vint Hill, Virginia case. So how did this land zoned for data construction get so valuable, and will investors keep pouring money into the infrastructure that supports AI while potentially upsetting nearby residents? Chapters: 0:00 - Cold Open 1:13 - Where to build 2:37 - Private investments 5:18 - Pushback 7:53 - What’s next Produced and Edited by: Christian Nunley Additional Camera by: Katie Tarasov, Andrew Evers Animation: Emily Rabbideau, Jason Reginato Supervising Producer: Lindsey Jacobson, Tala Hadavi Additional Footage: Getty Images Additional Sources: Loudoun County, Fauquier County, AWS, NBC4 Washington, Data Center Map, CBRE » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to be more successful and confident with your money? Take CNBC Make It’s new online course. Our expert instructors will help you master your money and discover practical strategies to boost your savings, reduce debt, and grow your wealth—in a way that works best for you. Enroll in "Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure" to start your journey to financial freedom today! Get a 30% discount with the coupon code EARLYBIRD until September 2, 2024: https://cnb.cx/3WiasGB Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Data Centers Became Hot Real Estate Investments
