Stream Data Centers
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Stream Data Centers is a Dallas-based developer and operator of wholesale colocation and build-to-suit data centers, specializing in hyperscale campuses for cloud and enterprise customers across major U.S. markets. Founded in 1999, the company has delivered more than 20 hyperscale campuses and, as of 2025, controls over 4 gigawatts of long-term powered land for future development. Rather than a single-city colocation player, Stream operates multi-building campuses in Dallas/Wilmer, Chicago (Elk Grove Village), Phoenix (Goodyear), San Antonio, Houston/The Woodlands, and Atlanta, with over 90% of its inventory leased to Fortune 100 tenants. In August 2025, Apollo-managed funds agreed to acquire a majority stake in Stream from parent Stream Realty Partners, with Principal Asset Management also taking a minority interest; the deal, which closed in November 2025, is aimed at scaling Stream’s development pipeline to meet accelerating demand from hyperscale cloud and AI infrastructure providers. Stream’s model centers on what it calls ‘location strategy’ — proactively acquiring low-risk, power-rich land ahead of demand — combined with energy procurement services to secure renewable power for tenants.
Stream Data Centers has a confirmed data center presence at the following locations:
FACILITY OPERATOR
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Stream Data Centers Data Center Locations
- Goodyear, Arizona, USA Phoenix I CARRIER-NEUTRAL PENDING REVIEW
Phoenix I is a 418,000-square-foot hyperscale data center that was the first building commissioned on Stream's 157-acre Goodyear campus in January 2021. - Goodyear, Arizona, USA PHX VII CARRIER-NEUTRAL PENDING REVIEW
PHX VII is a later-phase building on Stream's expanding Goodyear campus, part of the fastest-growing data center hub in the Phoenix metro area. - Atlanta, Georgia, USA Atlanta West Campus (ATL-A) CARRIER-NEUTRAL PENDING REVIEW
The planned Atlanta West campus spans 246 acres and is designed for nine data center buildings of roughly 250,000 square feet each, plus two substations. - Elk Grove Village, Illinois, USA ORDA1 (Chicago I) CARRIER-NEUTRAL PENDING REVIEW
This was Stream's first facility in Elk Grove Village, part of a strategy of proactively developing sites with low risk and robust connectivity. - Elk Grove Village, Illinois, USA Chicago II CARRIER-NEUTRAL PENDING REVIEW
This 226,000-square-foot facility provides 32 MW of critical capacity and is fully leased. - Dallas, Texas, USA DFW I CARRIER-NEUTRAL PENDING REVIEW
This 1460 Round Table Drive facility offers 14.4 MW of 2N power capacity with N+1 chilled-water cooling. - Garland, Texas, USA DFW VII CARRIER-NEUTRAL PENDING REVIEW
DFW VII is a newly constructed, expandable facility with a dedicated on-site Oncor substation and dual 40 MW underground utility feeds. - San Antonio, Texas, USA SATA1 (San Antonio II) CARRIER-NEUTRAL PENDING REVIEW
SATA1 provides 75,840 square feet of private data center space and is Stream's second San Antonio campus. - San Antonio, Texas, USA SATB1 (San Antonio III) CARRIER-NEUTRAL PENDING REVIEW
SATB1 is fully leased with 300,000 initial square feet of turnkey space and an on-site 334 MW CPS substation, part of a planned $400 million, 1.5-million-square-foot campus. - The Woodlands, Texas, USA IHA1 (Houston I) CARRIER-NEUTRAL PENDING REVIEW
Houston I has maintained uptime since 2013 and holds an IEEE-certified "six 9s" design with hurricane-rated resiliency, reportedly unaffected by Winter Storm Uri. - Wilmer, Texas, USA DFWC (Wilmer II) CARRIER-NEUTRAL PENDING REVIEW
This second Dallas-area hyperscale campus is planned across 140 acres to ultimately support 240 MW and more than 1.5 million square feet.
By Continent
Common Questions
Who owns Stream Data Centers?
Stream Data Centers was historically the technical real estate affiliate of Stream Realty Partners. In November 2025, Apollo-managed funds completed acquisition of a majority interest in the company, with Principal Asset Management taking a minority stake through a Principal-managed fund, while Stream's existing management team retained a minority stake and continues to lead the business.
Where does Stream Data Centers operate facilities?
Stream operates hyperscale and enterprise-class data center campuses in the Dallas/Wilmer area, Elk Grove Village near Chicago, Goodyear near Phoenix, San Antonio, The Woodlands near Houston, and the Atlanta metro area, all within the United States.
Does Stream Data Centers have infrastructure built for AI workloads?
Stream markets its capacity as supporting demand from 'hyperscale cloud and AI providers,' and its 2025 Apollo-backed capital plan is explicitly framed around AI-driven data center demand, though specific GPU/liquid-cooling details for individual buildings were not found in available sources.
How large is Stream's Phoenix campus?
Stream's Goodyear, Arizona campus began in 2019-2020 with a 418,000-square-foot Phoenix I building on 157 acres, with plans calling for more than 2 million square feet across multiple buildings supported by a 350 MW on-site APS substation.
What is Stream's largest planned campus?
Stream's San Antonio III campus, part of a new West San Antonio development, is planned to support 1.5 million square feet of data center space with a $400 million investment, reaching 200 MW at full build.
Does Stream Data Centers offer colocation services?
Yes — we've identified 11 facilities where Stream Data Centers may offer colocation services. Please contact Stream Data Centers directly to confirm current availability and terms.
Does Stream Data Centers offer cloud services?
We haven't confirmed cloud services for Stream Data Centers yet — this isn't a definitive no, since our research can miss things. Please contact Stream Data Centers directly to confirm cloud availability.
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