Facebook buys 456 more acres in Los Lunas - Albuquerque Journal

Facebook buys 456 more acres in Los Lunas

The front entrance of the newly opened Facebook Data Center in Los Lunas, photographed in February. (Jim Thompson/Albuquerque Journal)

Facebook has more than doubled its New Mexico footprint with the purchase of more than 400 acres in Los Lunas. The company declined to say what it plans to do with the property, which is adjacent to its data center.

In an email to the Journal, the company confirmed that it purchased the land in March, adding to the 300 acres in the Huning Ranch Business Park it already owns.

“We occasionally purchase available land in the event that our future business needs may require it,” Facebook said in a statement. “We currently have no plans to build on this land.”

New Mexico does not publicly disclose property sale prices. According to the Valencia County Assessor’s office, the 455.92 acres was purchased by Facebook on March 8 and had been used as grazing land. It had an assessed value of about $14,600. The property will be re-assessed in 2020.

Facebook is constructing a six-building, $1 billion data center on the 300-acre parcel it purchased in 2016. The company announced the completion of the first building in February, and said then that the site employs 150 employees and contractors.

The recent purchase was disclosed last week in a joint letter from two state cabinet secretaries to the New Mexico Public Regulation Commission. The officials, Sarah Cottrell Propst of the Energy, Minerals and Natural Resources Department and Alicia J. Keyes of the New Mexico Economic Development Department, wrote in the letter that a Facebook-related case being considered by the commission could have a “potential chilling effect on statewide economic development” if the commission did not decide the case in the company’s favor.

“The growth of (Facebook) in our state could go on for many years,” wrote Cottrell Propst and Keyes in the letter. ” . . . . But this will only happen if the state of New Mexico honors its agreements.”

The letter also stated that a Facebook manager said that the company “would prefer to expand in communities it has already chosen, rather than look for others.”

At stake in the commission case is $39 million in construction costs associated with a planned transmission line that would provide the Los Lunas data center with renewable energy. Against the warnings of Cottrell Propst and Keyes, the commission voted 5-0 last week to require the state’s largest utility to bill Facebook for the $39 million. The utility, Public Service Company of New Mexico, now has the option to file for a rehearing or appeal the decision to the state Supreme Court.

Facebook has consistently drawn parallels between the Los Lunas project and the company’s data center in Prineville, Ore. with regards to water usage, construction timeline and economic impact. In Prineville, Facebook expanded its data center from four buildings to a planned six buildings after purchasing an additional 240 acres in 2017. Several years earlier, the project attracted the attention of longtime rival Apple, which located its own data center nearby.


Home » Business » Most Recent Biz News » Facebook buys 456 more acres in Los Lunas

Insert Question Legislature form in Legis only stories

Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

taboola desktop

ABQjournal can get you answers in all pages


Questions about the Legislature?
Albuquerque Journal can get you answers
Email addresses are used solely for verification and to speed the verification process for repeat questioners.
Couple behind Mountaintop Extracts shifted the cannabis space in ...
ABQnews Seeker
The goal, Eric Merryman said, was ... The goal, Eric Merryman said, was to create safety standards for cannabis extraction — and to offer up the highest-quality products possible for patients.
$35M apartment complex breaks ground in Albuquerque's Northeast Heights
ABQnews Seeker
Titan Development broke ground on Tuesday ... Titan Development broke ground on Tuesday on a 105-unit apartment building in the Northeast Heights. The $35 million project, at 6925 Alameda NE, is ...
Restaurant inspections: Italian, sushi restaurants in the red
ABQnews Seeker
Two restaurants are in the red ... Two restaurants are in the red this week.
Business Column: In financial matters, government role has upside ...
ABQnews Seeker
Politics is directly intersecting with the ... Politics is directly intersecting with the economy — macro, micro, public and personal — in a not-so-rare standoff in Washington, D.C.
Jobs in New Mexico: Unemployment rate unchanged, but jobs ...
ABQnews Seeker
New Mexico's unemployment remained unchanged in ... New Mexico's unemployment remained unchanged in April but preliminary unemployment numbers suggest the state added nearly 3,000 workers over the prior month.
Median sales price reaches all-time high in ABQ metro ...
ABQnews Seeker
After a drop-off in January, the ... After a drop-off in January, the median sales price for a single-family detached home has reached an all-time high — $344,040 in April for ...
The last ride: 46-year-old Bike Coop has closed
ABQnews Seeker
After moving from its original location ... After moving from its original location on Central, the Bike Coop has been selling wheels at 120 Yale SE since 2013.
Here's how to prepare to start paying back your ...
NEW YORK (AP) -- A three-year ... NEW YORK (AP) -- A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the ...
Stock market today: Wall Street leaps, nearly escapes its ...
Most Recent Biz News
NEW YORK (AP) -- Stocks rushed ... NEW YORK (AP) -- Stocks rushed higher Friday after a strong report on the U.S. job market suggested a recession may not be as ...