Overview
- Real estate records obtained by The GW Hatchet show Amazon Data Services bought roughly 122 acres for $427,299,350, about $3.5 million per acre, with the deed authorizing a data or information technology center.
- Under the agreement, GW may continue occupying the site for up to five years as it plans relocations for programs and facilities.
- The campus, established in 1991, hosts more than 20 degree and certificate programs including the School of Nursing, along with 17 research labs, centers and institutes.
- GW's Board directed a substantial share of proceeds to an endowment tied to the university’s strategic plan, with future investments expected to support research, teaching and student financial aid.
- Eligible employees will receive a one-time bonus, with $2,500 for full-time staff and $1,250 for part-time staff, as the university contends with a reported $22 million FY2025 deficit and recent cuts to doctoral support.