*Facebook* to build data center, new jobs in *Altoona*
Social networking company Facebook will invest a minimum of $229.5 million to build a state-of-the-art data center in Altoona and will create at least 31 new jobs.
Facebook will invest a minimum of $299.5 million in the project, which is expected to create hundreds of construction jobs and dozens of full-time operations jobs. The company evaluated several other sites before choosing the Iowa location.
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.
“Today’s announcement further solidifies Iowa’s position as a destination for tech companies – from major data center operations like Facebook’s to the innovative start-ups we continue to see popping up around our state,” said Gov. Branstad. “Our productive workforce and our overall cost of doing business help us to win great projects like this.”
Lt. Gov. Reynolds added, “We are so proud to add Facebook to our list of world-renowned tech companies located in Iowa. Facebook’s investment continues sending the signal that Iowa is open for business and this administration is committed to attracting business and jobs here in all economic sectors.”
“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.”
The 194-acre site selected in Altoona could accommodate up to two additional data center buildings that may be constructed in future phases of the project.
Facebook will receive $18 million in tax benefits through the High Quality Jobs program approved by the Iowa Economic Development Authority.