October 7, 2025 – The huge data center project in Sulphur Springs still has more questions than answers as some city residents seek to find out if MSB Global has what it takes to pull off the 3,000 MW facility. MSB Global announced (via their own website) the groundbreaking of the Matrix Data Center Campus back in June 2025 although contruction on the data center itself was not starting. Infrastructure projects for utilities has been ongoing, but these city projects are integral for any and all future commercial and residential projects that may come about on the former Thermo Mine property.
Contracts have been signed for land leases between the City of Sulphur Springs and MSB Global, again reported through MSB Global’s website and YouTube Channel. Information about the timeline and availability of the project remains unclear even on MSB Global’s own website. The first phase of the project is supposed to be open (up and running) by September 2026. That 800 MegaWatt first phase would undoubtably need an enormous amount of electricity to run, as MSB Global has stated they would need to build their own natural gas-fired generator to power the facility. KSST News has not seen any plans for that part of the project.
As with most emerging technologies, a track record of the companies or players in the ever-expanding, AI-driven data center boom has been tough to source. National news sources seem to report daily that a new huge data center is to be built somewhere in the United States with Microsoft, Oracle, or Meta behind the expanisions. MSB Global touts that it is these same companies that will be needing space in their new facility.
The big question is about money. The project would be enormously expensive, even without land costs. The overall investment could top $50 billion. Tax abatements will certainly be negotiated as the City of Sulphur Springs has hired a consultant to work out the details of how much tax revenue the facilty and equipment owners would need to contribute.
MSB Global may have realized they have put the “cart before the horse” as they recently announced some project overview meetings and a public construction site visit but quickly cancelled those events due to “unexpected high level of interest”. The City Hall meetings were only to include select groups including end users, investors, data center operators, developers, and engineers. KSST News and other press outlets were not invited to these meetings, but to the cancelled public site visit.
It remains to be seen if MSB Global has the financial backing in place to complete the project or if they are waiting to bring online the hyperscalers (customers) they claim they will need to fulfill the entire project.
