Stream: Project Saltworks

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Stream: Project Saltworks

Site planned for 2028 and has expansions through 2037

Lot Size: 890 acres

Project Saltworks is a proposed $10 billion hyperscale data center development by Stream Data Centers affiliate Headwaters Site Development in unincorporated Young County, adjacent to Graham, Texas.

Spanning approximately 890 acres directly south of Lake Graham—bounded by FM 61 and FM 209—the project includes a 66-acre parcel and a 164 MW grid connection recently acquired from Plug Power for $76.5 million. The master plan envisions up to 15 data center buildings, dedicated high-voltage substations, and a closed-loop cooling design to support high-density AI and enterprise computing, with nearly half of the property set aside for natural land preservation.

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Stream: Project Saltworks Power Growth Over Time

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Stream: Project Saltworks Data Center Photos See all

Operating Company

Stream Data Centers is a U.S. data center developer and operator headquartered in Dallas, Texas, founded in 1999. The company develops and operates campuses in Phoenix, the Dallas area and metro Chicago, and it also lists activity in San Antonio and Houston.

Its services include wholesale colocation, private data centers, build to suit facilities, Ready-to-Fit powered shells, location strategy and energy procurement.

Historically an affiliate of Stream Realty Partners, in August 2025 Apollo-managed funds agreed to acquire a majority stake in the company, with closing expected in 2025 subject to approvals.

Stream Data Centers History:

In August 2025, Apollo-managed funds agreed to acquire a majority stake in Stream Data Centers from Stream Realty Partners; the parties also committed new capital to Stream’s land fund targeting 650 MW of near-term capacity across campuses in metro Chicago, Atlanta, and Dallas, with closing expected in 2025 subject to conditions.
In June 2024, Stream broke ground on its third San Antonio campus on 135 acres, planned for up to five buildings and approximately 200 MW of IT capacity at full build out.
In February 2019 and October 2020, Stream entered the Phoenix market by acquiring a 157-acre site in Goodyear anchored by a 418,000 square foot facility, then commissioned the Phoenix I building on that campus; plans call for more than 2 million square feet and an on-site APS substation designed for up to 350 MW.
1999: Founded in Dallas, Texas.

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News See all

Plug Power Plans to Sell its New York site to Stream Data Centers

March 03, 2026 Stream Data Centers

US hydrogen developer Plug Power has agreed to sell a New York site, originally planned to host a clean hydrogen project, to Stream Data Centers for $132.5 million. The hydrogen developer has signed a definitive agreement to sell its Project Gateway site at the STAMP industrial park in New York,...

Apollo to Acquire Stream Data Centers

August 07, 2025 Stream Data Centers

US data center firm Stream will be acquired by Apollo Global Management following announcement that Apollo-managed funds have agreed to acquire a majority interest in Stream Data Centers (SDC) from Stream Realty Partners, a commercial real estate firm.Apollo said it is set to potentially deploy...

Duos to Deploy Edge Data Center in Victoria, Texas

May 24, 2025 North Texas

Duos Technologies this week announced a strategic partnership with Region 3 Education Service Center (ESC) to deploy a new Edge data center in Victoria, Texas.Dr. Morris Lyon, executive director of Region 3 ESC, said: “We are proud to partner with Duos Edge AI, Inc. to bring secure, innovative...

Stream DC files for 200MW campus expansion in Phoenix

July 10, 2023 Stream Data Centers

Stream Data Centers has submitted plans to build a 2 million-square-foot data center campus in the Goodyear neighborhood of Phoenix, Arizona. Last week, the Goodyear Planning and Zoning Commission approved Stream's request to rezone 104 acres on Litchfield Road and Lower Buckeye Road from I-1...

Data center expansion targetted in Elk Grove, Chicago

July 06, 2023 Stream Data Centers

The Elk Grove area of Chicago is being targeted as a site of data center expansion by numerous operators. Aligned, Stream and Nexstar are all seeking to develop data centers in the area. Aligned, for example, is planning to demolish three office buildings it acquired for $29 million, along...