Meta named as company looking to build data center in Davenport, report says

Meta was named as the company looking to build a high-tech data center in Davenport, according to a report from Iowa Economic Development.
Published: May 21, 2024 at 6:00 PM CDT

DAVENPORT, Iowa (KWQC) - Meta was named as the company looking to build a high-tech data center in Davenport, according to a report from Iowa Economic Development.

Back in May it was reported that the City of Davenport was considering submitting an application to the State of Iowa High Quality Jobs Program to build a large, high-tech data center campus within city limits at 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 provide new “High Quality Jobs” which are defined as making over $28.76 per- 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 construct a data center, which will include office space, servers and support equipment. The project represents a capital investment of $800 million and is expected to create 35 jobs incented at a qualifying wage of $28.76 per-hour. The board granted the City of Davenport the ability to utilize the High Quality Jobs (HQJ) program provision for value-added property tax exemption for this project.