- EdgeConneX's Cedar Creek campus totals $1.4 billion across four planned buildings and 2.8 million square feet on 112 acres in Bastrop County, Texas [1] - CoreWeave is the registered occupant of the first building (AUS02), a $440 million, 578,000 sq ft two-story facility expected to open August 2026 [2] - Bastrop County approved a 10-year, 75% property tax abatement in December 2024, later assigned to CoreWeave in October 2025 [2] - EdgeConneX has acquired an adjacent 180-acre parcel for a second campus with two additional $700 million buildings targeting December 2028 completion [3] - CoreWeave currently operates approximately 1GW of active capacity across 49 facilities and targets 1.7GW by year-end 2026
[4] CoreWeave is the anchor tenant at EdgeConneX's Cedar Creek data center campus in Bastrop County, Texas, a $1.4 billion development that will span four buildings and 2.8 million square feet when fully built out [1]. State and county records identify the New Jersey-based neocloud provider as the registered occupant of the campus's first facility
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[2]The initial building, designated AUS02, is a two-story, 578,000-square-foot data center with a $440 million build-out cost. Construction began in August 2025 and the facility is scheduled for completion in June 2026, with opening expected in August [1]. The full campus, sited on approximately 112 acres at the northeast corner of FM 535 and Wolf Lane, is projected to take five to eight years to complete
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[1]The deal deepens CoreWeave's Texas footprint as the company races to more than double its active data center capacity. CoreWeave currently operates roughly 1GW of power across 49 facilities in the U.S. and Europe, and targets more than 1.7GW by end of 2026, backed by an anticipated $30 billion to $35 billion in capital expenditures this year [4].
The Campus #
EdgeConneX's Cedar Creek campus sits at 6682 FM 535 in the unincorporated Bastrop County community of Cedar Creek, roughly 30 miles southeast of Austin. The full build-out calls for four buildings totaling 2.8 million square feet, with a projected property value of approximately $5 billion upon completion [1].
The first phase — AUS02 — accounts for $440 million of the total $1.4 billion campus investment. Community Impact first reported in late 2025 that construction had begun on the two-story facility, with EdgeConneX filing the project under its standard naming convention [1]. CoreWeave's occupancy was confirmed through state economic development filings and county tax records
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[2]## Tax Incentives Bastrop County commissioners approved a 10-year, 75% property tax abatement for the first building in December 2024. The abatement benefits were formally assigned to CoreWeave in October 2025 [2]. Separately, the Texas Comptroller certified a 20-year exemption from state and local sales and use taxes on July 11, 2025, covering electricity, cooling systems, backup generators, servers, storage equipment, racks, and software
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[2]During the abatement period, the project is expected to generate approximately $100 million for Bastrop Independent School District and $7 million for Bastrop County [1]. Bastrop County commissioners have scheduled a public hearing for July 27, 2026, on proposed revisions to the county's tax-abatement guidelines that would require environmental disclosure and a minimum of 25 full-time jobs, with at least 25% filled by county residents
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[2]## EdgeConneX's Bastrop Expansion EdgeConneX is not stopping at the original four-building campus. The company has acquired an adjacent 180-acre parcel and filed to build two additional data centers — designated EDCAUS11 and EDCAUS12 — each spanning 730,000 square feet with an estimated cost of $700 million per facility [3]. Construction on both buildings was slated to begin in June 2026, with completion targeted for December 2028
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[3]The tenant for the second campus has not been publicly identified. A second set of sales and use tax exemption certifications covering buildings 11 through 16 was issued on April 24, 2026 [2].
CoreWeave's Capacity Trajectory #
The EdgeConneX lease fits into CoreWeave's aggressive capacity ramp. The company ended Q1 2026 with $2.1 billion in revenue — a 112% year-over-year increase — and a revenue backlog of $99.4 billion [4]. Management has guided for more than 5GW of additional data center capacity by 2030
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[4]CoreWeave has been securing capacity from multiple third-party operators in Texas and beyond. Recent deals include a 260MW lease from Galaxy and a 150MW expansion at an Applied Digital campus in North Dakota [5]. The company has also pushed into self-built facilities as it seeks to control more of its infrastructure stack
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[5]In Bastrop County, CoreWeave is not alone. Amazon Data Services and Pacifico Energy have also been pursuing data center development in the area. If all three major projects advance, more than 5,500 acres in the Cedar Creek vicinity would be dedicated to data center development [2].
Companies mentioned #
Further sources #
[1] Community Impact, "Data center slated for construction in Cedar Creek," 2025 ↗ [2] Community Impact, "AI cloud company CoreWeave to fill $440M Cedar Creek data ce… ↗
[3] Data Center Dynamics, "EdgeConneX files to build two 730,000 sq ft data centers… ↗
[4] Data Center Dynamics, "CoreWeave aims to add 5GW more data center capacity by 2… ↗
[5] Data Center Dynamics, "CoreWeave surpasses 1GW of data center capacity, pushes … ↗
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