Time: 2024-05-24
Meta has been identified as the company interested in establishing a state-of-the-art data center in Davenport, Iowa, as per a report released by Iowa Economic Development. The City of Davenport had previously considered applying to the State of Iowa High Quality Jobs Program to develop a cutting-edge data center campus within city limits. The proposed location for this project is at the northwest corner of Hillandale Road and Enterprise Way. This initiative aims to bring new employment opportunities by offering 'High Quality Jobs', with salaries exceeding $28.76 per hour with benefits in Scott County.
It has been revealed that Vemerald, a wholly owned subsidiary of Meta Platforms, Inc., will be responsible for the storage and transmission of user and customer data for their operating systems. The planned data center will encompass office spaces, servers, and necessary support equipment. With an estimated capital investment of $800 million, the project is projected to create 35 jobs with a minimum wage of $28.76 per hour. The City of Davenport has been authorized to leverage the High Quality Jobs (HQJ) program to receive property tax exemptions for the development.
As per the Iowa Economic Development report, Meta's venture into establishing a data center in Davenport signals a significant investment in the region's technological infrastructure. This move is expected to not only boost economic growth but also create a positive impact on the job market. The integration of a high-tech data center in Davenport is a strategic decision that aligns with Meta's commitment to staying at the forefront of technological advancements and data management.
This ambitious project by Meta underscores the company's dedication to expanding its technological capabilities while also contributing to the local economy in Davenport. With the development of the data center, Meta aims to enhance its operational efficiency and strengthen its position in the digital landscape. The strategic location of Davenport offers a conducive environment for Meta to establish a cutting-edge data center that will cater to the evolving needs of its users and clients.
Overall, Meta's plans to construct a high-tech data center in Davenport, Iowa, not only signify a significant investment in the region but also hold promising prospects for job creation and technological advancement. The collaboration between Meta and the City of Davenport is poised to drive innovation and economic growth in the area, establishing Davenport as a hub for advanced technological infrastructure.
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