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Thursday, May 31, 2018

Facebook to build Data Center..$150M 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.


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