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FINANCIAL_SERVICESAWARDED

City of Hillsboro AgendaPacket Data Center and Enterprise Zone Discussion 2026-06-09

Enterprise Zone Tax Abatement for QTS Hillsboro 1

City of HillsboroQTS INVESTMENT PROPERTIES HILLSBORO LLCJune 9, 2026

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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

Description

The City of Hillsboro processed an Enterprise Zone property tax abatement for QTS Investment Properties Hillsboro LLC (QTS Hillsboro 1 campus), exempting new investment from local property taxes for 3-5 years. In 2025, the property’s real market value was $1.98 billion with taxes billed at $599,840.72 during the exemption period. Community Service Fees and School Support Fees are imposed per city policy.

Contract Details

Vendor

QTS INVESTMENT PROPERTIES HILLSBORO LLC

Agency

City of Hillsboro, OR

Contract Type

FINANCIAL_SERVICES

Document Date

June 9, 2026

Contract Term

2026, 2027, 2028, 2029, 2030 (Enterprise Zone exemption years)

Renewal Date

2030-12-31

Renewal Info

Abatement covers 3-5 years: 2026–2030. Exemptions end after Year 5 and property returns to taxation. Community Service and School Support Fees escalate in years four and five. Renewal of exemption not allowed under HB 4084 for data centers.

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