Overview
- Meta, which disclosed Tuesday it had started construction, is building its first Oklahoma data center at Fair Oaks Innovation Park with more than 2 million square feet and a price tag topping $1 billion.
- Company plans call for over 1,000 construction jobs at peak and about 100 permanent roles, with Fortis Construction as the general contractor and local workforce programs through Tulsa Tech and Tulsa Community College.
- Meta says it will match the site’s power use with 100% clean energy, add more than 1,500 megawatts to Oklahoma’s grid, and use closed‑loop liquid cooling while paying all water and wastewater costs.
- The company outlined $25 million for local road and water upgrades and community grants, while residents and environmental groups protested and the city’s broader data‑center moratorium left this project exempt.
- A PartnerTulsa plan shows Meta will pay $62.5 million to the city in lieu of taxes and receive an 85% property‑tax break for 25 years, and some market reports noted a share price dip as investors questioned rising AI spending.