Galaxy Digital: Project Merlin

Latest Podcast McGregor Industrial Park
Land Bank
Land secured for future development
Operated by:

Galaxy Digital: Project Merlin

Lot Size: 500 acres

Project Merlin is a proposed AI and high-performance computing campus northeast of SpaceX’s McGregor engine-testing facility. Galaxy plans to develop up to eight data center buildings, an onsite electrical substation and closed-loop cooling infrastructure on nearly 500 acres. The project has municipal approval and a land-purchase agreement, but detailed construction plans, power capacity and customer commitments remain undisclosed.

Map and Nearby Locations

McGregor Industrial Park
Galaxy Digital Sites
Nearby Facilities

Sites within 15 miles of Galaxy Digital: Project Merlin

Distance Site About
17.94 miles DataBank Waco ACT1
18.25 miles Cipher Digital: McLennan
Cipher Mining intends to establish cryptocurrency mining operations on a 293-acre property outside Waco, Texas.

Galaxy Digital: Project Merlin Data Center Photos See all

Operating Company

Operated by:

Galaxy is a digital asset financial services firm that has been building an integrated platform since 2018. The platform spans three core business areas:

  • Global Markets: Offerings include trading, lending, and strategic advisory services for digital assets.
  • Asset Management: Provides institutional-grade investment solutions focused on digital assets.
  • Digital Infrastructure Solutions: Includes proprietary bitcoin mining, hosting services, network validator services, and enterprise custodial
    technology development.
    Headquartered in New York City, Galaxy has a global presence with offices across North America, Europe, and Asia. The company aims to provide a comprehensive ecosystem for institutional and enterprise clients in the digital asset space.
2
Facilities
2
Markets

News See all

Read Stream Proposes 867-Acre Data Center Campus in Graham, Texas
Headwaters Site Development, an affiliate of Stream Data Centers, is planning a data center campus called Project Saltworks on an approximately 890-acre site in Graham, Texas. The proposed developm...

Stream Proposes 867-Acre Data Center Campus in Graham, Texas

July 18, 2026 Texas

Headwaters Site Development, an affiliate of Stream Data Centers, is planning a data center campus called Project Saltworks on an approximately 890-acre site in Graham, Texas. The proposed development would include 15 data center buildings on land south of Lake Graham, near FM 61 and FM 209....

Read more
Read BlackRock GIP and ACS Name Data Center JV Coravel, Secure First Texas Customer
BlackRock’s Global Infrastructure Partners (GIP) and ACS have launched Coravel, a data center platform targeting hyperscalers. Coravel has a 1.7GW development pipeline across the US, Europe, and Au...

BlackRock GIP and ACS Name Data Center JV Coravel, Secure First Texas Customer

July 16, 2026 Texas

BlackRock’s Global Infrastructure Partners (GIP) and ACS have launched Coravel, a data center platform targeting hyperscalers. Coravel has a 1.7GW development pipeline across the US, Europe, and Australia, with 150MW under construction. The company has also signed its first hyperscaler customer...

Read more
Read QTS To Develop 11 Data Centers At Lancium Campus In Hall County, Texas
QTS is set to develop data centers at Lancium’s Clean Campus in Hall County, Texas. The companies plan to invest $10 billion to build up to 11 data center buildings across 465 acres near Turkey, Te...

QTS To Develop 11 Data Centers At Lancium Campus In Hall County, Texas

July 15, 2026 Texas

QTS is set to develop data centers at Lancium’s Clean Campus in Hall County, Texas. The companies plan to invest $10 billion to build up to 11 data center buildings across 465 acres near Turkey, Texas. The site is supported by a 1GW grid connection. “We are excited about the potential to expand...

Read more
Read Mara Acquires 1,200-Acre Texas Site for 2GW Data Center Campus
Cryptocurrency and AI data center developer Mara has agreed to acquire a powered land site in Matagorda County, Texas, from e-fuels company HIF USA. Located about 90 miles (144km) from Houston, the...

Mara Acquires 1,200-Acre Texas Site for 2GW Data Center Campus

July 13, 2026 Texas

Cryptocurrency and AI data center developer Mara has agreed to acquire a powered land site in Matagorda County, Texas, from e-fuels company HIF USA. Located about 90 miles (144km) from Houston, the site covers more than 1,200 acres and is expected to provide up to 1GW of power capacity by October...

Read more
Read HyperDataGrid Eyes New Data Center Development Outside Lufkin, Texas
HyperDataGrid is planning a new data center outside Lufkin, Texas, at the former Northern Chip Mill site on Highway 103 West. The proposed facility would be developed on the 40-acre former timber p...

HyperDataGrid Eyes New Data Center Development Outside Lufkin, Texas

July 10, 2026 Texas

HyperDataGrid is planning a new data center outside Lufkin, Texas, at the former Northern Chip Mill site on Highway 103 West. The proposed facility would be developed on the 40-acre former timber processing site located along Ben Dunn Road. Angelina County Judge Keith Wright said HyperDataGrid...

Read more
Read More News

Podcasts See all

See More Podcasts

Documents See all

Ready to Level up Your
Data Center Strategy?