Eagle Mountain's data-center redevelopment areas: a $778.5 million increment budget for Sweetwater area 4

Eagle Mountain's Redevelopment Agency noticed a Jan. 6, 2026 hearing on an amended plan and budget for Sweetwater Industrial Park Community Reinvestment Project Area #4, covering 567.62 acres. The budget lists $778,540,678 in tax increment: Alpine School District $493,641,645; Unified Fire District $144,784,376; Utah County $78,359,059; Eagle Mountain City $46,857,489; and Central Utah Water Conservancy District $14,898,109. ^[1]

The draft plan, prepared in November 2025, names the property owner as Stadion LLC and describes the purpose as a future colocation data center complex. It lists participation of 55 percent of real property increment from each entity, and 85 percent of personal property increment for the county, city and fire service area. ^[2] The Unified Fire Service Area board approved its interlocal agreement 5-3 on Nov. 18, 2025; its minutes describe the area as an expansion of the existing Meta data center campus. ^[3] The Agency's Nov. 18, 2025 minutes record a unanimous vote on the Alpine School District agreement, with a project-wide not-to-exceed total reduced from $494,001,073 to $493,641,645. ^[4]

Earlier agreements, 2021-2023

On March 16, 2021 the council voted 5-0 on an interlocal agreement for Sweetwater CRA #2 that reduces the share of real property tax increment collected from 75 percent to 67.5 percent. ^[5]

On June 15, 2021 the council voted 4-0 for a development agreement with Curleybird, LLC for a data center on 320 acres, with about $600 million in initial investment stated by staff, a municipal energy tax reimbursement of up to 80 percent if renewable energy is used, up to $3 million the city may request for road damage, and a 40-year term. ^[6]

For Sweetwater CRA #3, the July 18, 2023 agenda estimated about $140,000 a year in city revenue once the first six buildings are triggered, and on Aug. 1, 2023 the council voted 5-0 to approve the plan and an amended interlocal agreement. ^[7][8]

2025 data-center items

On Feb. 4, 2025 the council voted 5-0 on a first amendment to the QTS Eagle Mountain development agreement allowing on-site power generation as an accessory use. ^[9] On Oct. 21, 2025 it voted 4-1 for a development agreement with Stadion, LLC (Meta) allowing expansion onto adjacent land, with Councilmember Donna Burnham voting no, and 5-0 for a third water and sewer amendment raising the total from 500 to 625 acre-feet. ^[10]

Agency fund

The Redevelopment Agency fund reported taxes of $10,457,606 in fiscal 2024 and $15,025,376 in fiscal 2025, with a fiscal 2025 year-end fund balance of $990,692. ^[11][12]