ACS Group Seeks Subsidies for $2B Fort Worth Data Center Campus

2 April 2025

ACS Group is planning a $2.16 billion data center campus in Fort Worth, one of the largest such investments in North Texas to date.

The proposed four-building project from the Madrid-based construction company’s American arm, Turner Construction, would span 107 acres near Hicks Field Road and an Oncor power substation, the Dallas Business Journal reported.

The development would have two phases, with full completion expected by 2034. If approved, it would bring 37 permanent jobs with average annual salaries of $150,000.

ACS is one of the world’s largest construction firms and the top data center builder in the United States, with a data center client list featuring tech giants Meta, Google, Microsoft and Apple. Turner Construction has already managed major projects in the region, such as DFW Airport’s Terminal F expansion and TCU’s $101 million football stadium upgrade.

Fort Worth’s economic development department is negotiating a 10-year tax abatement to incentivize the deal.

The proposal includes a 35 percent property tax break during the first phase, and then 70 percent on business personal property, such as equipment, in the second phase. The department estimates the city would recoup the value of the tax breaks in just over three years.

City staff emphasized the importance of selecting data center projects with solid financial backing, strong anchor tenants and proximity to critical infrastructure, including substations and energy storage systems. The tax break structure is designed to prevent speculative development of shell buildings without active data center operations.

To qualify for the incentives, ACS would need to invest at least $481.6 million in property improvements and $1.68 billion in equipment, while also meeting hiring and construction benchmarks. If those goals aren’t met, the tax benefits could be scaled back or revoked.

The plan could still evolve, but ACS intends to leave space for future residential development adjacent to the site.

The Fort Worth City Council is expected to vote on the agreement on April 8. It would further cement Fort Worth’s place as a hotbed for data center growth, driven by cheap land, affordable energy and rising demand from hyperscale operators.

The only recent investment to top ACS’ proposal came from a local player. Dallas-based Prime Data Centers is working on a $3 billion project to deliver three two-story facilities in southwest Fort Worth and three more in the Dallas suburb of Garland.

Google pledged to invest $1 billion into its Texas data center portfolio, which includes data centers in Midlothian and Red Oak and a 1.1-million-square-foot facility at Majestic Realty’s Silver Creek Business Park in Fort Worth. But the tech giant ended up ditching its Fort Worth complex in Northlake, which it spent $20 million to build, in February.

— Judah Duke