Project Yellow is a proposed hyperscale data center development on about 538 acres in three parcels along Mitchell Bend Highway, next to the Wolf Hollow power plant south of Granbury. National CRE Holdings and Greenland Capital filed the concept plan with Hood County in February 2026, and a Starwood representative told residents that Starwood is the developer. The county did not act on the plan, a district court dismissed the developers' suit for automatic approval in July 2026, and their appeal is pending. A companion proposal, Project Red, covers the neighboring MARA mining site.
| Distance | Site | About |
|---|---|---|
| 1.00 miles | Marathon Digital: Granbury, TX |
MARA runs a bitcoin mining site beside Constellation's Wolf Hollow gas plant near Granbury, Hood County, Texas, which it bought in 2024.
|
| 3.30 miles | Big Digital Energy: Hood County |
Big Digital Energy and 10NetZero are converting the former Cowtown gas processing plant in Hood County, Texas, into an AI and HPC data center campus.
|
| 4.13 miles | Valley OneInterested in this information?Contact us | Data center facility details are available on request.Interested in this information?Contact us |
| 4.87 miles | Pacifico Energy: Fort Spunky |
Pacifico Energy proposed a data center and power campus near Fort Spunky in eastern Hood County, Texas; the county revoked its concept plan in March 2026 and Pacifico has sued.
|
| 5.50 miles | Black Mountain: Glen Rose |
Black Mountain Power plans a gas-fired power plant and a data center campus on about 460 acres along FM 56 north of Dinosaur Valley State Park, near Glen Rose, Texas.
|
| 7.12 miles | Sailfish: Project Lion |
Sailfish Investors' proposed two-building data center on 121 acres off Hill City Highway south of Tolar, Hood County, Texas, filed by affiliate Panther Generation LLC between the Comanche Circle tracts. Hood County denied its on-site permit in 2026.
|
| 7.47 miles | Sailfish: Project Panther |
Sailfish Investors' proposed four-building data center on 300 acres off Paluxy Highway (FM 51) south of Tolar, Hood County, Texas, filed by affiliate Panther Generation LLC between the Comanche Circle tracts. Hood County denied its on-site permit in 2026.
|
| 8.06 miles | Sailfish: Comanche Circle Expansion |
Later phases of Sailfish Investors' proposed Comanche Circle park: 27 planned buildings on a 969-acre central ranch tract and a 411-acre tract on Hill City Highway (FM 56), south of Tolar in Hood County.
|
| 8.13 miles | Bilateral Energy: Project Patriot |
Project Patriot is Bilateral Energy's proposed data center and power campus on the Knox Ranch west of Granbury, Hood County, Texas, now tied up by a residents' lawsuit.
|
| 8.86 miles | Sailfish: Comanche Circle 1 |
First phase of Sailfish Investors' proposed Comanche Circle park: 18 planned buildings on a 721-acre ranch tract along Paluxy Highway (FM 51) south of Tolar, Hood County, beside the site NRG had proposed for an on-site gas plant.
|
Starwood Digital Ventures is a subsidiary of Starwood Capital Group. Starwood Capital Group is a private investment firm with a primary focus on global real estate. Founded in 1991 by Chairman and CEO Barry Sternlicht, Starwood Capital's hallmark is to invest opportunistically, moving between asset classes, geographies and positions in the capital stack as the firm perceives risk/return dynamics to be evolving. To execute this strategy, Starwood Capital has built up asset-class and geographic expertise in our target markets. In its pursuit of the most compelling opportunities globally, Starwood Capital has invested in more than 30 countries, ranging from the Americas to Europe to Asia. Starwood Capital is led by seasoned professionals who have successfully navigated all stages of the real estate investment cycle, with dedicated teams focused on acquisitions, asset management, capital markets, capital raising/investor relations and accounting.
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