Facebook to Open $1.5 Billion Data Center in Iowa
Facebook plans to open a data center in Altoona, Iowa, the Des Moines Register reported. Fellow tech giants Google and Microsoft have already opened data centers in the state.
Both the cost and scale of the project are huge: the facility is slated to be 1.4 million square feet, and experts predict that the finished product will cost $1.5 billion.
According to USA Today, Iowa has already attracted expensive, high-profile data centers thanks to the state’s reasonable utility costs. Google has invested $1.1 billion in centers in Council Bluffs, while Microsoft has invested at least $100 million in a center in Des Moines.
The Register reported that while “no information about jobs or state incentives were immediately available,” a separate request by Facebook for wind energy production tax credits may provide a hint as to why the company is making the move.
The Iowa Economic Development Authority Board and the Altoona City Council are expected to consider the request tomorrow. Iowa is a leader in the US for the production of wind energy -- just shy of a quarter of the state’s energy comes from wind production.