With the first portion of the money…

With the first portion of the money from Morgan, Tesla obtains 200 acres of land at Shoreham, Long Island and begins construction of an 187-foot tall tower with a steel shaft running 120 feet into the ground.

This tower is to be topped with a 55 ton, 68 foot diameter metal dome.

He calls the research site "Wardenclyffe" and envisions two thousand people eventually working at his global communications center.