DAVENPORT, Iowa (KWQC) – Meta has been named as the company looking to build a high-tech data center in Davenport, according to a report from Iowa Economic Development.
In May, it was reported that the city of Davenport was considering submitting an application to the State of Iowa’s High Quality Jobs Program to build a large high-tech data center campus within the city limits. town, on the northwest corner of Hillandale Road and Enterprise Way. according to city documents. The project would include a property tax exemption and city officials say it would help create new “high-quality jobs,” defined as earning more than $28.76 an hour with benefits in Scott County.
Vemerald, a wholly owned subsidiary of Meta Platforms, Inc., will store and transfer user and customer data for their operating systems, according to Iowa Economic Development. The company plans to build a data center including offices, servers and support equipment. The project represents a capital investment of $800 million and is expected to create 35 jobs paying a qualifying wage of $28.76 per hour. The Council granted the City of Davenport the opportunity to use provisions of the High Quality Jobs (HQJ) program to obtain a value-added property tax exemption for this project.
Copyright 2024 KWQC. All rights reserved.
