Texas Research Park transitions from biomedical research to data center hub

Who's involved

• VelocityTXdeveloper of Texas Research Park; formerly Texas Research and Technology Foundation
• Rene DominguezCEO of VelocityTX
• UT Health San Antoniopartner with VelocityTX; relocated operations
• Microsoft Corp.acquired land and developed data center campus
• Amazonpurchased land and planned data center facility
• QTS Data CentersBlackstone-backed company; acquired land and developed data center campus
• CloudHQWashington D.C.-based company; purchased land for data center campus
• Vantage Data CentersDenver-based company; acquired land and building data center campus
• University of Texas Board of Regentssold land to CloudHQ and Vantage Data Centers
• Tom and Nancy Pawel familydonated 1,500 acres through Concord Oil Co.

The facts

• Texas Research Park was established in 1986 as a biomedical research hub and life sciences incubator.^{1 2} Stated by 2 sources
• In the past decade, the area has become home to at least six data center companies.^{1 2} Stated by 2 sources
• Tom and Nancy Pawel family donated 1,500 acres through Concord Oil Co. to develop the park.^{1 2} Stated by 2 sources
• VelocityTX shifted focus to fund urban innovation centers; UT Health San Antonio moved to South Texas Medical Center.^{1 2} Stated by 2 sources
• Microsoft acquired 158 acres in 2015 to develop a 1-million-square-foot data center campus.^{1 2} Stated by 2 sources
• Amazon purchased 37.5 acres in 2020 for a 109,000-square-foot facility; QTS acquired 48 acres same year.^{1 2} Stated by 2 sources
• CloudHQ purchased 123 acres in 2023 from UT Board of Regents for five-building data center campus.^{1 2} Stated by 2 sources
• Vantage Data Centers acquired 58 acres in 2023 from UT Board of Regents for large-scale campus.^{1 2} Stated by 2 sources

Who said what

These are statements and claims made by the people involved. They are reported, not verified.

• Rene Dominguez, CEO of VelocityTX Data centers became enabling technology actively sought after; infrastructure made it prime location.^{1 2}