Facebook to build a massive data center in Eagle Mountain, gets a $150 million tax incentive
Eagle Mountain • Social media giant Facebook is set to bring its next data center here. Utah government leaders revealed the company’s identity Wednesday after months of closed-door negotiations.
The project, publicly known only as “Steeplechase” before Thursday’s announcement, includes roughly $150 million in property tax incentives for Facebook, which in turn will invest $100 million in road and utility enhancements for Utah County’s west side.
Facebook will also benefit from a sales tax exemption approved by lawmakers in 2016 and intended to lure data-center development to the state.
“As the newest members of the community, we are so happy to get to celebrate Eagle Mountain’s history as well as its future,” said Rachel Peterson, Facebook’s vice president of data center strategy.
Read more: https://www.sltrib.com/news/politics/2018/05/30/facebook-to-bring-data-center-to-eagle-mountain/
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