New Era Helium announced that Texas Critical Data Centers LLC (“TCDC”), its 50/50 joint venture with Sharon AI, has closed on acquiring 235 acres from Grow Odessa. The acreage is located in Ector County, Texas and is near the City of Odessa. The group has an option on another 200 nearby acres.
TCDC is developing a large artificial intelligence (AI) and high-performance computing (HPC) campus designed to scale beyond 1 GW to meet the surging demand for AI and GPU infrastructure.
The site is near key infrastructure, including fiber optic cable, multiple large intrastate natural gas transmission lines, and CO? pipeline infrastructure.
To support the buildout, TCDC will now apply to form an Industrial District with the City of Odessa to facilitate access to municipal services such as water and wastewater treatment. Forming the Industrial District will enable TCDC to maintain favorable Ector County zoning regulations rather than adopt City of Odessa zoning—an essential advantage for development speed and flexibility.
Unlock the New Playbook for Texas Multifamily Deals – Join top lenders, equity partners, and deal experts at Connect Texas Multifamily when they break down today’s transactional landscape—what’s working, what’s changing, and what’s next for markets like Austin, Dallas, Houston, and San Antonio. Get the insights you need to stay competitive from Lument, Slatt Capital, PACE Loan Group, PGIM and more. Discounted pricing ends Thursday, so register today! www.ConnectTXMF2025.com | EVENT DATE: Thursday, August 28th | VENUE: The Joule, Dallas
#Developer #Duo #Eyeing #Odessa #Data #Center