Facebook has plans to expand New Mexico data center
ALBUQUERQUE, N.M. » Facebook’s plans for New Mexico now call for a half-billion-dollar investment and a data center that will span an area equal to 17 football fields.
Gov. Susana Martinez’s office announced early Tuesday that the social media giant will be doubling its investment in the state with the planned expansion of its data center currently under construction near Los Lunas, a rural area just outside of Albuquerque, New Mexico’s largest metropolitan area.
The governor praised the announcement, saying Facebook is among the state’s key partners as it works to diversify its economy.
“New Mexico’s powerful incentives are bringing more opportunities to our state — once again ahead of schedule with more jobs and investment than initially anticipated,” the governor said in a statement.
The news comes as New Mexico looks to turn the corner after a crippling budget crisis that stemmed from a downturn in the oil and natural gas sectors and an overall weak economy. The state also has struggled with high unemployment numbers, only recently ending its stretch at the top of the nation’s jobless rankings.
Had it not been for the oil and gas downturn, Martinez has said New Mexico’s over-the-year job growth in 2016 would have been the strongest it’s been in a decade.
State officials and business owners have been scrambling in recent months to take advantage of the windfall expected to come from the data center during construction and once it’s online in 2018. They’re pushing for more high-tech industries in hopes of guarding against the volatility of the energy industry.
Facebook broke ground on the first building in October. It’s expected to go live in late 2018.