Minnesota developer plans to build data center north of Austin

[Neil Narayan]

A Minnesota-based developer is planning to build a five-megawatt data center in Temple across from Meta Platforms Inc.'s $800 million hyperscale data center campus.

Oppidan Investment Co.'s $31 million, 62,000-square-foot project at 2325 Eberhardt Road will break ground in July and finish in October 2026, according to a March 28 filing with the Texas Department of Licensing and Regulation.

Data center campuses are proliferating throughout Austin's outskirts. In fact, the Austin metro is among the fastest-growing data center markets in the country, according to August data from CBRE based on the first half of 2024. The Austin Business Journal has identified more than a dozen in various stages of completion, in cities ranging from Hutto and Georgetown to Taylor and Uhland, and in counties that include Caldwell, Bastrop and Williamson.