Cosmos Technology Campus (former 3M site, Four Points, Austin)
Also called: SE Cosmos LLC, Highpoint 2222
SB Energy (backed by SoftBank) bought the former 3M campus at 6801 River Place Blvd. in March 2026 and got about $1 billion in financing. Filings describe 50 megawatts of computer halls, powered by Austin Energy, leased to a SoftBank company for 15 years. The company has called it a research center, not a data center.
Where things stand: Company spokespeople said it is not a data center, but SEC filings describe 'data centers' and 50 MW of IT load.
🕒 Latest update (Sept 2026): SEC filing showed about $1 billion in financing and a 15-year lease to a SoftBank affiliate.
What we know
- 📍 Where6801 River Place Blvd (former 3M campus), Austin, Travis County
- 🏢 CompanySE Cosmos LLC
- 🏛️ Owned bySB Energy (SoftBank)
- 👤 Built forSoftBank affiliate (Silver Bands 3)
- ⚡ Power it needs50 megawatts (about as much as 40,000 homes)
- 🔌 Where the power comes fromAustin Energy, with upgrades to its existing substation
- 💵 Cost$1 billion
❓ Still unanswered
Nobody has answered these in public yet. Can you help find out?
- Is this a data center or an R&D center? The company and its filings say different things. 🙋 I'll find out
- How much water will it use? 🙋 I'll find out
What happened so far
- March 20, 2026SE Cosmos LLC, tied to SB Energy, bought the former 3M campus.
- Sept 2026SEC filing showed about $1 billion in financing and a 15-year lease to a SoftBank affiliate.
Local votes and rules
📌 Other
Austin City Council unanimously told city staff to write binding data center rules by the end of 2026. The rules will set where data centers can go and limits on water use, power use, noise and lighting. The council must be told about any data center asking for more than 20 megawatts of power or more than 85 million gallons of water a year. Several council members want large data centers kept out of the city.
Drag the slider to compare the land before and now.
Where this comes from
- SoftBank-backed SB Energy subsidiary to develop former Texas 3M campus into R&D tech center · DatacenterDynamics · Sept 9, 2026
- Texas data centers map and list · Cleanview (tracker) · Oct 2026
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