Saturday, August 4, 2012

Doing Business in St. Charles: Land out west - Memphis Business Journal:

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When BJC completes its planned $32. 1 million data center in O’Fallon next it will join , and as majo companies with data centers along the Highway 40 corridorin St. Charles County. The new facilith will include 1,850 servers, and BJC has developed a plan to make use of the heat that all of thos e machinesput out. Maybe homebuilders should staryt growing grapes or building data centers on their unused The housing slump has been felt especiallyu hardin St. Charles County, where more than 10,000 home lots sit readg for builders. One real estate experyt considers thata six- or seven-yeadr supply, compared to a two-year supplyu before the market sunk. As demand has so have prices.
Lots that used to cost betwee $30,000 to $40,000 apiece, are now going for as low as $15,00 0 in some cases.

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