Facebook Invests Almost $300 Million In Altoona, Iowa, Data Center
04/23/2013
Gov. Terry Branstad’s Office said the first phase of the project will result in a 476,000-square foot data center that will be among the most advanced and energy efficient of its kind. The data center will feature an innovative outdoor-air cooling system and the latest in Open Compute Project server designs, and it will be built to LEED Gold standards.The Altoona site could accommodate up to two additional data center buildings that may be constructed in future phases of the project.
“We’re thrilled to become a part of the Altoona community, and especially appreciative of all the partners who helped make this project happen,” said Jay Parikh, vice president of infrastructure engineering for Facebook. “Facebook’s mission is to connect the world. Thanks to Iowa, we’re building the global infrastructure to bring the next billion people online.”
“I welcome Facebook to the Altoona community,” said Altoona Mayor Skip Conkling. “Quality companies and development make our city and state an even greater place to do business and to live and play. I want to thank all parties for their endeavors in securing this project.”
The Iowa Economic Development Authority board approved $18 million in tax benefits through the High Quality Jobs program to Facebook to create at least 31 new jobs at a qualifying wage of $23.12 per hour. The project will have a minimum capital investment of $299.5 million. Local incentives from the city of Altoona were also approved today.
Article Discussion
Most Read
-
-
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019
-
Front Line: Manufacturers Look to Nontraditional Locations
Q3 2019
-
A Changing Food Manufacturing Industry
2017 Food Processing
-
33rd Annual Corporate Survey & the 15th Annual Consultants Survey
Q1 2019
-
The 3 Cs of Successful Site Selection: Company, Culture, and Community
Q2 2019
-
2018 Top States for Doing Business: Georgia Ranks #1 Fifth Year in a Row
Q3 2018