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Neil Narayan
  • Real Estate Broker
  • Austin, TX
527
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714
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Data center company buys land for $500M Hutto project

Neil Narayan
  • Real Estate Broker
  • Austin, TX
Posted

Silicon Valley-based Colovore, which develops data centers that use liquid cooling, has acquired a 30-acre tract in Hutto where the company is slated to build a $500 million, 180,000-square-foot data center and a 13,000-square-foot flex office space.

The ABJ has identified 19 data center projects in the greater Austin area in recent years, which are expected to include at least $25 billion in capital investment — likely an undercount — spread across millions of square feet of building space, along with thousands of jobs, primarily in construction.

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