Tract Caldwell Valley Technology Park

Tract · powered land · FM 2720, Uhland, Caldwell County

About 3,000 acres where Tract supplies the land, approvals, power and fiber, and operators lease pads to build their own data centers. Transmission, a Permian gas pipeline and long-haul fiber meet on one parcel, planned for up to 4 GW.

  • Original parcel
  • Added 2026
  • PowerHouse pad
  • Gas pipeline
  • Transmission
Schematic of Tract Caldwell Valley: the original 1,515-acre parcel and the 1,458 acres added in January 2026, the PowerHouse pad inside the park, the Bluebonnet and LCRA substation, transmission, the Kinder Morgan Permian Highway gas pipeline and long-haul fiber, with Prime Project Snow across FM 2720 SCHEMATIC, NOT TO SCALE FM 2720 Prime Data Centers Project Snow, across FM 2720: 206 acres, its own site PRIME Original parcel: 1,515 acres from Walton Global Holdings, closed May 2025ORIGINAL PARCEL1,515 ACRES, MAY 2025 Added in two acquisitions, January 2026: 1,458 acresADDED1,458 ACRES, JAN 2026 PowerHouse Data Centers (AREP): about 500 acres, reported 700 MW with on-site gasPOWERHOUSE~500 ACRES, ~700 MW Pad available to leasePad available to leasePad available to leasePad available to leasePad available to leasePad available to leasePad available to leasePad available to leasePad available to leasePad available to leasePad available to lease Bluebonnet and LCRA substation: first 250 MW contracted for Q1 2028, scaling to 1.6 GWSUB1.6 GW High-voltage transmission Kinder Morgan Permian Highway natural gas pipeline crossing the site Long-haul fiber along the I-35 corridor TRANSMISSION PERMIAN HIGHWAY GAS LONG-HAUL FIBER UHLAND, CALDWELL COUNTY
Land
2,973 acres
Master plan
Up to 4 GW
First power
250 MW, Q1 2028
Substation
1.6 GW
First tenant
PowerHouse
Sector
AI and data centers

Overview

A Powered-Land Park, Not a Data Center

Tract sells the platform; the operators who lease pads bring the buildings, chips and tenants.

Tract Caldwell Valley Technology Park is about 3,000 contiguous acres (2,973) on FM 2720 near Uhland in Caldwell County, roughly 30 miles south of Austin at the midpoint to San Antonio. Tract zones, entitles, powers and connects the land, then leases shovel-ready pads to operators who build the data centers. At up to 4 GW it is one of the largest master-planned data center parks in the US and the anchor of the I-35 South Data Center Corridor.

Tract is a Colorado company founded by former Cologix CEO Grant van Rooyen; the park is held through Fleet DC, created by Tract Capital. It closed the first 1,515 acres from Walton Global Holdings in May 2025 after 18 months of entitlement work, planning more than 2 GW, then added 1,458 contiguous acres in two January 2026 purchases and raised the plan to 4 GW. It asked for no tax abatement.

Powered land: who does what
LayerTractPad operator
LandBuys large parcels; about 3,000 contiguous acres hereLease a pad
Zoning and entitlementWins approvals; 18 months of entitlement work before the first closeBuild to the entitled plan
PowerContracts the substation with Bluebonnet and LCRA; gas pipeline on siteDraw grid power or build on-site generation
FiberLong-haul routes to the siteConnect
Buildings, chips and tenantsNoneEverything above the pad

Power

250 MW in 2028, 4 GW at Full Build

First contracted: 250 MW, Q1 2028. Contracted through the Bluebonnet and LCRA substationFirst contracted250 MW Q1 2028 Phase 1: 360 MW, 2028. 360 MW planned in the first phasePhase 1360 MW 2028 First gigawatt: 1,000 MW, Early 2028 target. First 1 GW targeted for early 2028First gigawatt1,000 MW Early 2028 target Substation capacity: 1,600 MW, Build-out. The substation under the Facility Design Agreement scales to 1.6 GWSubstation capacity1,600 MW Build-out Master plan: 4,000 MW, 2030+. Up to 4 GW at full buildoutMaster plan4,000 MW 2030+

Tract signed a Facility Design Agreement with Bluebonnet Electric Cooperative and the Lower Colorado River Authority (LCRA) for a substation scaling to 1.6 GW, with the first 250 MW contracted for the first quarter of 2028. Site preparation is under way and building construction is expected in 2027; the full plan runs past 2030.

The confluence

Transmission, Gas and Fiber on One Parcel

Hover a utility to find it on the site plan.

Three utilities on one parcel
UtilityWhat is thereWhat it gives a tenant
TransmissionHigh-voltage lines and a Bluebonnet Electric Cooperative and LCRA substation scaling to 1.6 GWGrid power from 2028
Natural gasKinder Morgan's Permian Highway pipeline crosses the siteOn-site generation for peak and backup without waiting on the ERCOT queue
FiberLong-haul routes along I-35 between Austin and San AntonioLow-latency links to both metros' interconnection points

The gas line is the strategic piece: pad operators can build on-site generation for peak and backup power instead of waiting years in ERCOT's large-load queue. Micron looked at the site for a chip fab before choosing New York, a sign the land and utilities meet semiconductor standards, not only data center ones.

First tenant

PowerHouse Takes 500 Acres

The first disclosed pad operator is PowerHouse Data Centers, owned by American Real Estate Partners (AREP), on about 500 acres inside the park: a reported 700 MW with an on-site gas plant, for a single large tenant it has not named. PowerHouse's national pipeline is reported above 8 GW.

In April 2026 the PowerHouse land was de-annexed from the City of Uhland into Caldwell County jurisdiction, a route around city opposition seen elsewhere on the corridor.

Neighbors

The Rest of the Corridor

Separate campuses nearby on the I-35 South corridor
CampusWhereScale
Prime Data Centers Project SnowAcross FM 2720206 acres; $1.3B first phase, $4.2B in nine buildings
Edged EnergyNear Maxwell, on a Waterstone Land Partners parcel$7.3B, 330 acres; waterless cooling; Phase 1 from June 2026
CloudBurst Evolve San MarcosHays and Guadalupe counties1.2 GW on its own gas; first 50 MW due late 2026
Sabey San MarcosHays County786 acres; city negotiation opened June 2025

These are separate developments on separate parcels, not part of the Tract park. Together they make the I-35 stretch between Austin and San Antonio the Austin Supercluster's youngest and fastest-forming data center supernode.

Record

Dataset Record

Sources
Tract and Caldwell County announcements; Data Center Dynamics, Baxtel and local reporting through October 2026
Site plan
Schematic, not to scale; pad layout illustrative
Last verified
Q4 2026