Other prominent answers:
- Intelligent species are extremely uncommon - life could be common, but mostly bacteria / simple single-cell.
- Intelligent species choose to hide themselves from us or others somehow - I'm no cosmologist, but maybe some of the dark matter we've calculated be accounted for by dyson spheres?
- Intelligent design - not personally a proponent of this approach but any form of intelligent design (fundamentalist/whole-earth creationist or adapted to evolution) could explain the dark sky paradox
Required (fiction) reading on the implications of Fermi Paradox:
- Mass Effect
- Stephen Baxer - Manifold books, esp. Space and Time
- Too much Asimov to list