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Project Saltworks (Headwaters Site Development / Stream Data Centers, near Graham)

Headwaters Site Development, LLC (affiliate of Stream Data Centers)

Status
Proposed / in development
Developer / parties
Headwaters Site Development, LLC (affiliate of Stream Data Centers)
Location
Unincorporated Young County near Graham (south of FM 61, north of FM 209), Young County
Size
Up to 15 data center buildings on ~867 acres (company); DCD reports ~890 acres and a $10B investment claim; site grown to ~2,500 acres (county judge via Graham Leader, Oct 24 2026); MW not stated
Investment
$10B (company claim, per DCD); proposed City of Graham fees: greater of $2M or $4/sq ft for the first building, $750,000 per additional building, plus 20 annual payments of at least $900,000 per building (draft agreement, not final)
Reported benefits
1,000+ construction jobs at peak and 200+ permanent jobs (company estimates, per Graham Leader); proposed city infrastructure fees could exceed $250M over the term (per Olney Enterprise, draft terms)
Concerns / impacts
Residents raised water, traffic and noise concerns (Graham Leader); county protections sought through the abatement (buffers, deputies, road work) remain unsecured after the abatement was withdrawn (Olney Enterprise)
Last verified
2026-10-28

Milestones

Figures are attributed in parentheses to the outlet or company that reported them. Where sources disagree, we show both.

  1. Jun 22 2026 Young County Commissioners Court tabled an escrow letter agreement for county consultants, 5-0 (Graham Leader)
  2. Jul 2026 Headwaters announced ~867-acre, $10B campus
  3. Plug Power sold 66 acres in Graham and a 164 MW grid connection to Stream (DCD)
  4. Aug 2026 formal county abatement application filed, no action
  5. $250,000 developer-funded consultant escrow ratified 5-0 (Graham Leader, Aug 15)
  6. Oct 13 2026 County Judge Graham said Stream withdrew its abatement request (Olney Enterprise; Citizen Portal summary)
  7. Oct 15 2026 City of Graham released a DRAFT development agreement with Headwaters for wastewater and reclaimed-water service to a data center campus in unincorporated Young County, not yet negotiated or agreed, with a special called meeting Oct 29 2026, 6 p.m., City Hall, 608 Elm St (official city document)
  8. Oct 24 2026 judge said the site grew to ~2,500 acres and construction could start in November, tenant news expected around Thanksgiving (Graham Leader). Promoted from lead Oct 28 2026 on the official City of Graham draft agreement

Linked power & water

Power

  • Official record Oncor service; developer pays grid and substation upgrades (DRAFT agreement): Draft agreement names Oncor as the electric utility and makes the developer solely responsible for grid connection, transmission and substation upgrade costs; backup generators may not export to ERCOT. Not final. cityofgrahamtexas.com ↗
  • News report 164 MW grid connection bought from Plug Power (news): DCD reports Plug Power sold 66 acres in Graham and a 164 MW grid connection to Stream. datacenterdynamics.com ↗

Water

  • Official record City of Graham reclaimed water (0.10 MGD priority) and wastewater service (DRAFT agreement): Draft agreement: Graham would deliver Type I reclaimed water (priority 0.10 MGD; one-time HVAC fill capped at 400,000 gallons for all buildings) and accept domestic wastewater at its plant; no potable water for HVAC or evaporative cooling. Not final. cityofgrahamtexas.com ↗

Power and water projects tied to this data center: on-site or dedicated generation, utility and grid capacity deals, substations, water supply, reclaimed water and wastewater permits. Each item is labeled by source type.

Related records

2026-10-24
News News report Young County · Project Saltworks (Headwaters Site Development / Stream Data Centers, near Graham)

Graham Leader: judge says Project Saltworks site grew from ~850 to ~2,500 acres; construction as early as November; tenant news expected near Thanksgiving.

Source: grahamleader.com ↗
2026-10-22
News News report Young County · Project Saltworks (Headwaters Site Development / Stream Data Centers, near Graham)

Olney Enterprise: judge said Oct 13 Stream withdrew abatement request; Graham hearing on Headwaters water/wastewater draft agreement Oct 29, 6 p.m.

Source: olneyenterprise.com ↗
2026-10-15
City council News report Young County · Project Saltworks (Headwaters Site Development / Stream Data Centers, near Graham)

City of Graham releases DRAFT development agreement with Headwaters for wastewater and reclaimed water to the data center campus; council meets Oct 29, 6 p.m.

Source: cityofgrahamtexas.com ↗

Sources

Found an error? Email [email protected] with a source link.

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