Data Centers Turn Rural Land into Gold | Dallas News

Data centers are sparking a quiet gold rush in Salem Township, Pennsylvania, where land values skyrocketed as families cashed in—some for millions—after selling to tech giants. Michael Hodgson turned his 14 acres into a retirement windfall, earning nearly 60 times his original investment. Over 100 families sold 1,700 acres this year for a total of $586 million, with payouts ranging from $1M to $35M. Just two years ago, the same land was worth less than $5K an acre. Developer Jack Sordoni says the deal includes major community upgrades and another expansion is already planned, helping over 200 more families. And here’s the kicker: 80% of sellers plan to stay local, keeping the economic boom right where it started. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/dcc33a5cf7a3205c