Data center project · Scott County, Iowa
Meta Davenport data center campus
Approved · A Meta subsidiary's $800 million campus on 328 acres in northwest Davenport won a 20-year local property tax exemption in 2024. Also known as: Vemerald LLC.
- Status
- Approved · as of May 17, 2024
- Location
- Northwest corner of Hillandale Road and Enterprise Way, Eastern Iowa Industrial Center, Davenport · Scott County
- Status note
- State and city incentives approved; groundbreaking was planned for early 2025 and completion late 2027. Construction status not checked.
- Power
- Not reported
No figure published. - Land
- 328 acres
- Investment
- $800 million
- Developer and team
- Meta (through Vemerald LLC)
- End user
- Meta
- Incentives
- IEDA let Davenport use the High Quality Jobs exemption: 60% of new property value for 20 years, about $161 million (reported); 35 jobs at $28.76 an hour (reported)
- Evidence
- Primary public records
- Size class
- 50 MW or more (tracker scope)
Updates, newest first
- May 17, 2024 The IEDA board let the city use the High Quality Jobs property tax exemption for Vemerald's $800 million, 35-job project. (Iowa Economic Development Authority, May 17, 2024; Business Record (innovationIOWA), May 23, 2024; WVIK, May 22, 2024)
- May 1, 2024 Davenport City Council took up support for a state application by Vemerald LLC, which was buying about 328 acres. (KWQC, May 2, 2024)
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