Data Center Building Boom In Silicon Valley 96
1sockchuck writes "Data center developers are building like mad in Silicon Valley, with seven active projects in Santa Clara alone. The building boom includes the resumption of several stalled projects that prompted concerns of a shortage of wholesale data center space in the Valley. The flurry of construction activity is different from the overbuilding during the dot-com boom, which was characterized by too much funding and too few customers. This time, industry experts say, the end of a funding drought has created a situation in which construction is struggling to stay ahead of demand from companies like Facebook — which just scarfed up an entire new data center in Santa Clara."
Re:No real space shortage (Score:3, Funny)
Real-estate has been a lot cheaper in the area after the mortgage meltdown.
Yes. From too-bloody-expensive to merely still-too-bloody-expensive.