Home Industries Technology Details unveiled for Port Washington data center development agreement

Details unveiled for Port Washington data center development agreement

Port Washington aldermen are reviewing a proposed development agreement for the massive data center development planned by Denver-based Vantage Data Centers. The Common Council is scheduled to vote on the agreement during its next meeting, Aug. 19. The agreement would be the next step in a development process that began last year when city officials

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Port Washington aldermen are reviewing a proposed development agreement for the massive data center development planned by Denver-based Vantage Data Centers. The Common Council is scheduled to vote on the agreement during its next meeting, Aug. 19. The agreement would be the next step in a development process that began last year when city officials were approached by developers interested in building a data center on a 1,900-acre site adjacent to I-43 near Lake Drive. The deal would provide a structure for near-term tax revenue, major infrastructure improvements and long-term revenue for the city. The agreement includes: “This data center project is a once-in-a-generation economic opportunity for Port Washington and all of us as residents,” Port Washington Mayor Ted Neitzke IV said. “To take the next steps, we need an agreement to provide an overall structure for the project. The top priority for the city is protecting our residents from bearing any costs for the project, and this agreement accomplishes that. It also details the significant tax revenue and infrastructure improvements this project will provide. This project will not disrupt the great things we love about our city, and puts us on a path toward a strong and stable future.” “As we continue to move forward on the data center project, it is important for us as a Council to keep Port Washington residents informed on the next steps we are considering – and why,” said Common Council president Dan Benning. “The agreement presented to the Council tonight protects our residents from financial risk and lays out the robust benefits our community will receive from this project. I encourage all of our residents to read the agreement to gain a better understanding of these next steps and how they will benefit all of us.” “Vantage Data Centers looks forward to being part of the community in Port Washington,” said Tracye Herrington, vice president, new site development, Vantage Data Centers. “While this development is in the early stages, we appreciate the support of Mayor Ted Neitzke and the many other stakeholders involved to help bring this project to fruition. Not only will this project employ thousands of individuals throughout construction and operations, it will also bring a positive economic impact to the area. In addition, the development will follow Vantage’s sustainable design with careful planning and consideration given to the environment and its surroundings. It will be built with the community in mind, both from a design standpoint as well as preserving local resources such as water, and Vantage will ensure our power use will not affect the grid or the utility rates of other users.”

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