QTS Realty Trust has filed plans to expand its Fort Worth, Texas, data center for a third time, with a USD 300 million project that will add nearly 148,000 square feet of new capacity to a campus that has grown steadily since the company first acquired the site nearly a decade ago.

Details of the Latest Filing

According to a filing with the Texas Department of Licensing and Regulation, the project is designated the QTS FTW1 DC1 Expansion and is scheduled to begin on July 1, 2026, with an estimated completion date of October 1, 2027.

The expansion will consist of a two-story building totaling 147,946 square feet, or approximately 13,744 square meters, located at 14100 Park Vista Boulevard in Fort Worth.

The USD 300 million price tag makes this the most expensive single construction phase undertaken at the Fort Worth campus to date, underscoring the escalating costs associated with large-scale data center development in the current market environment.

A Campus With a Long History of Growth

QTS originally acquired the Fort Worth facility in 2017 from Health Care Services Corporation, bringing the site into its national data center portfolio under the designation FTW DC1.

Since then, the campus has been the subject of repeated expansion filings as demand for data center capacity has continued to climb.

The second major construction phase at the campus, designated FTW DC2, resulted in a 471,875-square-foot facility spanning approximately 43,840 square meters.

That project was first filed in April 2022 at a projected cost of USD 220 million, but QTS later refiled in January 2024, citing higher projected costs and a longer construction timeline.

The re-filing illustrated a pattern seen across the data center industry, where escalating material and labor costs have forced developers to revise earlier financial estimates upward.

The latest expansion marks the third discrete construction phase at the Fort Worth address, making it one of the more persistently developed individual sites in QTS's Texas portfolio.

Texas Remains a Key Market for QTS

The Fort Worth filing is one of several active data center projects QTS is pursuing across Texas. The company has a 165-megawatt, 56-acre facility in Irving and a 90-megawatt, 32-acre facility in San Antonio.

It also has a data center under development in Wilmer, a community in the Dallas-Fort Worth metropolitan area, for which QTS filed an expansion as recently as April 2026.

The concentration of activity in Texas reflects a broader industry trend, with the state attracting significant data center investment due to factors including available land, energy infrastructure, and a business environment seen as favorable to large industrial developments.

Fort Worth and the broader Dallas-Fort Worth corridor in particular have emerged as significant hubs for hyperscale and colocation data center construction.

Scale of Investment Continues to Rise

The USD 300 million price tag on the latest Fort Worth expansion is notable when compared to the USD 220 million originally budgeted for the FTW DC2 project, which was itself a substantially larger building by square footage at 471,875 square feet versus the 147,946 square feet now planned for the new expansion.

The higher per-square-foot cost of the new project reflects the continued upward pressure on data center construction pricing that has been widely documented across the industry in recent years.

The new two-story structure will bring additional capacity to a campus that has already seen hundreds of millions of dollars in investment since QTS first took ownership of the site from Health Care Services Corporation nine years ago.

The progression from an acquired facility originally built for a healthcare organization to a multi-building data center campus represents a trajectory common among data center operators who identify sites with existing power and structural assets suitable for conversion and expansion.

Construction Timeline

With a start date of July 1, 2026, and a projected end date of October 1, 2027, the construction window for the new expansion spans fifteen months.

The filing with the Texas Department of Licensing and Regulation is a required step for construction projects of this scale in the state, and it provides a publicly accessible record of the planned scope, cost, and timeline for the development.

QTS has not publicly announced any specific tenants or customers associated with the new Fort Worth expansion.

The company, which was taken private by Blackstone in a 2021 acquisition, has continued to develop data center capacity across multiple markets as demand driven by cloud computing, artificial intelligence workloads, and enterprise colocation needs has pushed operators to accelerate their construction pipelines.