Meta pays $70 million for land in Rosemount for new data center

The Pioneer Press reports

A subsidiary of Facebook parent company Meta Platforms Inc. has closed on over 200 acres of land near the company’s $800 million data center in Rosemount.

Jimnist LLC, a company that was previously linked to Meta while the data center was still operating under the code name Project Bigfoot, purchased eight different parcels along County Road 42 for $70 million last week, according to records filed with the Minnesota Department of Revenue.

So, what will the land be used for? The explanation given on the sale records states just two words: data center.

“We occasionally purchase available land in the event that our future business needs may require it,” said Stacey Yip, a spokesperson for Meta, in an email on Wednesday. “We currently have no plans to build on this land.”

Rosemount Community Development Director Adam Kienberger confirmed via email that as of Wednesday, the city had not received any development applications for the recently acquired land.

The purchase, which was split into two sales and includes parcels north of County Road 42 and west of Blaine Avenue, closed Feb. 12.

The sellers, listed as RGA Holdings LLC and RADS Land Co. LLC, both have ties to Ames Construction in Burnsville. Ames did not respond to a Pioneer Press request for comment.

There is a bill in the MN legislature (being discussed at 12:30 today) to put limits on new data centers.

This entry was posted in economic development, MN, Vendors and tagged by Ann Treacy. Bookmark the permalink.

About Ann Treacy

Librarian who follows rural broadband in MN and good uses of new technology (blandinonbroadband.org), hosts a radio show on MN music (mostlyminnesota.com), supports people experiencing homelessness in Minnesota (elimstrongtowershelters.org) and helps with social justice issues through Women’s March MN.

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