Central Texas is building more than it has standing, and almost all of it is already spoken for.

Why Central Texas is growing this fast

Austin and San Antonio combine land, an independent grid with its own interconnection process, a large technical workforce, and enough corporate relocation to generate genuine enterprise demand alongside the hyperscale and AI activity. Most of the growth is happening north and south of the Austin metro, where land is available at scale.

CBRE reported that under-construction capacity more than quadrupled year over year to 463.5 MW, the most of any secondary market it tracks and the fourth most of any market. If everything under construction delivered at once, the combined Austin and San Antonio market would rank second in the country behind Northern Virginia.

Source: CBRE on Central Texas and CBRE North America Data Center Trends H2 2025. Figures describe the combined Austin and San Antonio market, not a specific facility.

Pricing is moving, especially at scale

CBRE reports pricing at levels last seen in 2011 and 2012, above $200 per kW per month, with deployments of 10 MW and above rising by up to 19% since the second half of 2024. That is the reverse of the traditional pattern where larger commitments earn deeper discounts.

The reason is straightforward. Large contiguous blocks are the scarce product, AI occupiers are competing for them, and operators have no reason to discount something they can prelease at ask. If your requirement is large, expect to pay for the privilege rather than negotiate it down.

• Separate the rate for standing capacity from the rate for a future phase. They are different markets.
• Ask what the escalator looks like over the full term. Fast-growing markets reprice hard at renewal.
• Confirm the ERCOT interconnection position for any capacity that is not yet energized.
• Price Dallas-Fort Worth for the same requirement. It is the same state, the same grid operator and a much deeper market.

Grid and delivery

Central Texas sits inside ERCOT, which runs its own interconnection process separate from the rest of the country. That has historically meant faster connection than in most markets, which is a large part of why the pipeline is so big. It also means large-load interconnection policy is evolving quickly as the queue grows, so a delivery date that looked safe a year ago may not be.

Weather-driven grid events are a real design consideration here in a way they are not in most markets. Ask how the facility performed during past extreme weather, what on-site generation and fuel arrangements exist, and how long the site can ride through a regional event.

When Central Texas is the right answer

When you want central US coverage with a credible near-term delivery path, when the workload is growing fast enough that a large committed block makes sense, or when Texas operations, workforce or corporate presence justify the location on their own.

Compare it directly with Dallas-Fort Worth, which is the same state, the same grid and roughly five times the standing inventory. In most cases DFW is the more liquid market and Austin or San Antonio is the answer when there is a specific reason to be there.

Risks to resolve before shortlisting

• Preleasing: confirm in writing which specific megawatts are uncommitted, in which building.
• Delivery risk: a market building at this pace has more schedule slippage than a mature one.
• Grid resilience: design for regional weather events rather than assuming utility continuity.
• Price direction: rates are rising fastest at the sizes most likely to interest a growing buyer.
• Ecosystem depth: carrier and cloud on-ramp density is thinner than in DFW. Verify at the building.

A facility-ready Central Texas brief

1. Committed power and the expansion step, with contract dates for both.
2. Whether the space is energized today or dependent on ERCOT interconnection.
3. Density, cooling method and readiness for liquid-cooled cabinets.
4. Carriers, cloud on-ramps and cross-connect pricing at the specific site.
5. Ride-through design, on-site generation and fuel contracts.
6. Term, escalator, renewal rate and remedies if the delivery date moves.

What has been announced in Austin and San Antonio

Announcements are not filings. Nobody has to build what they announce, the figure is the one the developer chose to publish, and the date moves. They are here because megawatts are what a requirement is measured in, and because the size of what is coming changes who will take your call. Every figure below was read on the page it links to.

Announced capacity is collected by hand from trade reporting and company statements, and each figure links to the report it came from. It is kept apart from the permit record above and never added to it: one is a document a jurisdiction issued, the other is a plan a company published. Neither is availability.

Every Austin and San Antonio facility we track

107 data centers across Austin and San Antonio, from the facility database we hold as a Bridgepointe partner. It is the layer that says whether a building exists yet, which no permit record answers directly.

Operators with the most facilities here: CyrusOne (13), EdgeConneX (9), Skybox Datacenters (9), Iron Mountain Data Centers (7), Switch (7), KDC (6), Stream Data Centers (6), CloudHQ (5), Rowan Digital Infrastructure (4), Tract (4).

Where they cluster: San Antonio (30), Austin (18), Taylor (14), Cedar Creek (9), Hutto (7), Round Rock (6).

The largest buildings coming to this market

77 facilities here are under construction or planned. These are the ten largest by floor area, and a size on file is not a promise of a delivery date.

From the Signal facility database, which we hold as a Bridgepointe partner rather than as a public record, so these rows carry no filing link and street addresses are held back. A building existing is not the same as space being available in it: every facility above may be full, pre-leased, or closed to your size. Finding out is a call, not a lookup. See how we verify capacity.

What the public construction record shows in Austin and San Antonio

TCEQ air permits filed in the Bexar and Travis county corridors. Every figure below is a count of filings we collected ourselves, and every row links to the record it came from.

Operators appearing by name: Microsoft (6), Vantage Data Centers (4), QTS (2), STACK Infrastructure (1).

The most recent filings on the record

Collected from TCEQ air permit search. A permit proves that construction is happening. It does not prove that space is available, and no public filing anywhere discloses what is contractible at a named building. That answer comes from an operator call, which is the part we do by hand. See how we verify capacity.