PROFESSIONAL_SERVICESAPPROVED

City of Port Washington Awards Professional Services Contract to Vantage Data Centers Management Company Llc (November 2025)

The City of Port Washington approved a Developer's Agreement with Vantage Data Centers Management Company LLC for the creation of a $8 billion data center campus, with up to $455.4 million in TID-funded development incentives and public infrastructure reimbursements over the life of Tax Incremental District No. 5. The TID is projected to last up to 20 years, with payback estimated in 18 years.

Status
APPROVED
Document date
November 4, 2025
Contract type
PROFESSIONAL_SERVICES
Vendor
Vantage Data Centers Management Company Llc
Agency
City of Port Washington · WI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not less than $8 billion private investment; Up to $455,415,144 Developer reimbursement costs; Estimated TID project costs $458,600,000
Contract type
PROFESSIONAL_SERVICES
Contract term
District effective January 1, 2026 – term up to 20 years (projected 18-year payback)
Renewal date
2046-12-31
Renewal
No automatic renewals; TID reimburses developer over up to 20-year period from tax increment. Project plan may be amended per statutes but all costs must relate to qualified data center development.
Document type
AgendaPacket
Source document
City of Port Washington Common Council Meeting Agenda Packet November 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Port Washington?

Vantage Data Centers Management Company Llc was awarded this professional services contract by City of Port Washington, as recorded on November 4, 2025. The contract value is Not less than $8 billion private investment; Up to $455,415,144 Developer reimbursement costs; Estimated TID project costs $458,600,000.

How much is the Vantage Data Centers Management Company Llc contract with City of Port Washington worth?

The Vantage Data Centers Management Company Llc contract with City of Port Washington is valued at Not less than $8 billion private investment; Up to $455,415,144 Developer reimbursement costs; Estimated TID project costs $458,600,000, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Port Washington Common Council Meeting Agenda Packet November 2025 (AgendaPacket), dated November 4, 2025 from City of Port Washington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vantage Data Centers Management Company Llc hold?

Vantage Data Centers Management Company Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Vantage Data Centers Management Company Llc's profile

What is City of Port Washington currently buying?

Explore City of Port Washington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Port Washington's profile

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