A massive artificial intelligence data center planned in rural Willacy County is moving toward construction, with a new state filing putting the project’s estimated cost at nearly $472 million.
Project Kati 2, a development previously announced by New York-based Soluna Holdings, is planned as a 471,884-square-foot, single-story AI data center near FM 1420 in the Santa Monica area, according to a filing registered Wednesday with the Texas Department of Licensing and Regulation.
The privately funded project carries an estimated construction cost of $471.8 million. Construction is scheduled to begin Thursday and be completed Oct. 8, 2027, according to the filing.
The facility would have a critical information technology load of approximately 112 megawatts, slightly higher than the roughly 100 megawatts previously announced for Kati 2.
5,000+ business leaders across the Valley start their day with us.
Join them free!
RGV Business Journal is the only newsroom dedicated exclusively to the business and economic forces driving South Texas and the border economy.
Our subscribers get:
Try it free for 30 days.
Start My Free Trial$9.95/month after trial. Cancel anytime.
RGV Business Journal Staff
Staff
Most Read
- SpaceX’s futuristic city of Starbase finalizes massive 7,100-acre annexation. Here’s what we know.
- SpaceX reschedules Starship’s first flight around the Earth
- How much water does SpaceX need to operate near Brownsville? Nearly 20x its current use
- Could apartment-to-condo conversion help make $100K homeownership in the McAllen metro more affordable? One investor says yes.
- Crunch Fitness is expanding and struggling in the Valley. Here’s why
Get the latest business news delivered to your inbox every morning for free.
Try 30 Days Free!
Get full access to award-winning journalism covering business, real estate, health care, economic trends, and the people shaping the Rio Grande Valley.
30 Days Free!
$9.95/month
Limited time offer
Subscription renews after your 30 day free trial at $9.95/mo.
Included Benefits
- Unlimited access to all articles
- Daily business news and analysis
- Subscriber-only content and features
Stories That Matter
- Nearly $472M AI data center moves toward construction in Willacy County
- Construction begins on Saronic’s $3.2B Brownsville shipyard. Here’s what’s being built first
- Tamaulipas is rethinking how it sells its cattle. A $44.5M project would keep more of the business at home
- Brownsville is changing its drainage fee. Businesses could pay more as the city looks to raise $6.2M a year
- Mission’s first Small Business Expo puts $25K on the line for local entrepreneurs
- Reynosa’s newest technical high school focuses on AI, semiconductors and bionics
- McCoy’s gives $10K, tools to launch Mid-Valley construction academy
- UT Health RGV performs new digestive procedure for first time in the Valley
- TSTC bets on advanced manufacturing to meet RGV’s industrial boom
- Pharr’s cross-border business push earns international recognition
