Stargate Data Center Development in Abilene Texas Estimated at 11 Billion USD
Stargate's first data center campus in Abilene, Texas, has construction costs estimated at $1.1 billion, with initial phases progressing as part of a joint venture including Oracle and OpenAI.
Construction on two buildings for Stargate's first data center campus in Abilene, Texas is underway, with an expected completion by the end of the year at an estimated cost of $1.1 billion.
President Donald Trump announced Stargate, a joint venture involving Oracle, OpenAI, and SoftBank, during a press conference, highlighting a commitment of $500 billion for AI data center development in the United States.
Larry Ellison, founder and CTO of Oracle, revealed that the first data centers are being built in Abilene, where each building will occupy half a million square feet. Currently, 10 buildings are under construction, with a potential expansion to 20 across various locations.
Public filings with the Texas Department of Licensing and Regulation connect this project to "Project Ludicrous," located on the Lancium Clean Campus, a 1,000-acre site owned by energy tech company Lancium.
The initial phase includes two buildings: the first is a 482,000-square-foot "data hall," with construction costs estimated at $292 million, set for completion by May 2025. Tenant improvements are also anticipated, amounting to an additional $140 million.
The second building, measuring 484,960 square feet with a similar cost estimate of $292 million, is expected to be ready in one year, including tenant improvements projected at $384 million. Manufacturing highlights include an emphasis on renewable energy as part of the original site's intentions for hosting bitcoin mines.
Additionally, Crusoe has previously announced a $3.4 billion data center development at the same location, with signs of a secure lease to a "Fortune 100 hyperscale tenant" for occupancy expected in early 2025.
A spokesperson for Lancium stated their commitment to developing AI infrastructure alongside partners, while no additional comments on Abilene's projects were provided by the involved firms.
