A two-building data center campus has been proposed in Davenport, Iowa.

First reported in 6KWQC, Vemerald LLC is looking to build a large data center campus, spanning 328 acres at the northwest corner of Hillandale Road and Enterprise Way in Scott County.

According to city documents, the proposed project includes a minimum investment of $800 million. The proposal will see the construction of two data halls and ancillary facilities totaling 715,000 sq ft (66,425 sqm).

Currently, the land is zoned for agricultural use and has an assessed valuation of $958,000. When complete, the proposed facility will have an estimated assessed valuation of $420 million.

The company behind Vemerald is unclear at this time.

Vemerald will need financial support from the State of Iowa High Quality Jobs Program, administered by the Iowa Economic Development Authority.

As part of the application, the City of Davenport will also need to approve the plan and detail the financial incentive for the state.

Part of the financial incentive includes the employment of at least 50 full-time employees at or above the high-quality jobs wage rate, which stands at $28.76 per hour in Scott County.

Terms for Vemerald are a 60 percent property tax exemption for 20 years.

The proposal will be discussed again at the Davenport City Council meeting on May 8.

Iowa is home to more than a dozen data centers and operators including Lumen, DC Mining, CyrusOne, LightEdge, Google, Microsoft, and Meta.

On the other side of Iowa, Applied Digital recently faced opposition regarding its proposed data center build. Last month, another two-building data center campus was also proposed in Des Moines, Iowa, by Edged Energy.

There is currently only one data center listed in Davenport, owned by Bluebird Data Centers, according to Datacenters.com.