(The Center Square) – Meta’s new $1 billion artificial intelligence data center in Beaver Dam will have 100 operational jobs once it comes online in 2027, the company announced.
The project will be eligible to be part of a tax increment district, meaning additional property taxes collected at the site due to its increase value after construction, won’t go to the local government and instead will be collected and retained by Meta for up to 20 years.
The Beaver Dam project was a specific part of a law approved earlier this year allowing municipalities to waive a 12% cap on TID projects within a municipality for qualified data centers.
The project is also eligible for a sales tax exemption on construction materials, electricity and equipment within the data center, a state exemption that has already far exceeded fiscal expectations by costing the state $70 million in sales tax in the first two years since implementation.
Meta says that it will cover $200 million in energy infrastructure for the project including network upgrades, utility substations and transmission lines.
The company said that more than 1,000 workers will be at the site during peak construction.
“Once operational, the Beaver Dam data center will be optimized for our expanding AI workloads, supporting our growing fleet of industry-leading AI infrastructure, and setting us up to deliver the future of AI innovation,” Meta said about the project.
