Fully entitled property will support over 2GW at full build-out, with initial utility delivery scheduled for the first half of 2028, with provisions for supplemental on-site generation; Source- Tract
With relatively low energy costs, business-friendly regulations, and fast-tracked grid connections, Texas has rapidly become a national hotspot for data infrastructure. The state’s main grid operator projects that power demand will nearly double by 2030, driven in large part by large-scale energy users like data centers, crypto mining operations, and hydrogen production facilities. As of September, the state was home to 279 data centers and that number is poised to grow significantly with major new developments like Tract’s recent acquisition in Caldwell County.
Tract’s 1,515 acres acquisition for multi-gigawatt data center tech park
Tract announced its acquisition of a 1,515-acre land parcel in Caldwell County, Texas in the rapidly growing area between Austin and San Antonio. The acquisition culminates an 18-month engagement with state agencies, local communities and utility providers to master plan a mega-campus uniquely suited for data center investment and associated economic development. Tract has executed a Facility Design Agreement with Blue Bonnet Electric Cooperative that secures long lead equipment with a target energization date for the initial 360MW in 2028.
“Texas is where the future of innovation is building, including in advanced technologies,” said Governor Greg Abbott. “This new data center development in San Marcos will create good-paying jobs, bolster the state’s power grid, and enhance our technology infrastructure. We look forward to working with corporate partners like Tract to further expand Texas’ economic might and develop our state as the epicenter of technological advancement.”
“Tract appreciates the business-friendly environment that make Texas-scale projects attractive and the new relationships we have built in the community,” said Grant van Rooyen, Chief Executive Officer and Managing Partner of Tract Capital Management and Executive Chairman of Tract. “This megasite in Caldwell County is unique for public cloud, inferencing and AI training applications because it sits at the intersection of transmission infrastructure, robust natural gas infrastructure and long-haul fiber. Perhaps most importantly, there is a workforce in place that can support the thousands of skilled construction and operations jobs that will be employed at this campus.”
Partnering with local communities is a crucial element of developing master planned campuses of this scale. “Tract has leaned in to understand Caldwell County’s needs as we welcome a wave of new residents and businesses,” explains County Judge Hoppy Haden. “Transportation is a key priority for our residents, and Tract’s willingness to invest alongside the County and State into an expansion of FM2720, a key new transportation project, shows they are invested in the future of Caldwell County.”
“We are excited to welcome Tract to the region and our community,” said Lacee Duke, Mayor of Uhland. “We worked hard to ensure that Tract’s development will bring jobs and investment that will benefit all Uhland residents.”
