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February newsletter

Page 1

NORTH TEXAS HOME BUILDERS A

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February 2026

4410 Fairway Boulevard Wichita Falls, TX 76308 P: 940.692.2211 www.nthba.com

Special Thanks to our 202 North Texas Home Builders Association Recently, I had the opportunity to travel to Partners: Abilene and spend time meeting with local

From the President

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leaders while touring several major projects that are actively reshaping that market. One of the most notable stops was a visit to what is being referred to as the “Stargate Project” -- a large-scale data center development backed by OpenAI, Oracle, and SoftBank. The scale of this investment, and its long-term implications for employment and housing demand, are difficult to overstate. Initial development is expected to represent roughly $100 billion in investment, with an additional $400 billion potentially deployed across future phases. From that activity alone, the City of Abilene anticipates annual tax revenues exceeding $40 million during the first ten years of data center operation, with the potential for an even greater fiscal impact beyond that initial period. Related to that growth, I also visited what is now considered the world’s largest RV park project, being driven directly by Meta to support workforce housing tied to its nearby secondary data center development in Abilene. The 2300 individual camper locations are being pushed by Mark Zuckerberg’s Meta to accommodate the influx of workers required to construct and support that facility. Seeing this level of interim housing infrastructure put in place underscores just how quickly housing demand can shift when large employers enter a market at scale. While in Abilene, I also visited with current city councilmember Blaise Regan, and we discussed the city’s intentional approach to promoting housing development within city limits. Abilene has implemented a continues on pg. 2


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February newsletter by Teri Gibson - Issuu