{"comps": {"land": [], "powered_shell": []}, "hero": {"composite_score": null, "computed_at": "2026-11-12T08:45:29.601757+00:00", "constraint_score": null, "excess_power": null, "iso": "ERCOT", "lat": 29.76, "lng": -95.38, "name": "Houston", "queue_wait_months": null, "slug": "houston", "state": "TX", "time_to_power_mo": null, "time_to_power_months": null, "verdict": "CAUTION"}, "is_pro": true, "kpis": {"facility_count": 94, "headline_basis": "every facility listing DC Hub tracks in this market (operational, under construction, planned and announced; verified and unverified listings included), deduplicated by name + operator across the facilities and discovered_facilities tables. MW is summed over the listings that report capacity (mw_reporting_count of facility_count), so read it as a floor.", "lease_rate": null, "mw_reporting_count": 14, "operational_mw": 488.0, "pipeline_mw": 495.0, "queue_months": null, "top_operator": {"facility_count": 5, "name": "CyrusOne"}, "total_mw": 1075.0, "unverified_included": true, "vacancy_pct": null}, "live_as_of": {"age_hours": 0.3, "iso": "2026-11-12T08:45:29.601757+00:00"}, "ma": [{"buyer": "I Squared Capital", "date": null, "mw": null, "seller": null, "type": "acquisition", "value": 225.0, "value_unit": "USD millions"}, {"buyer": "Amazon", "date": null, "mw": null, "seller": null, "type": "investment", "value": 10000.0, "value_unit": "USD millions"}], "ok": true, "open_access": "Open to every caller: this is one of the 20 largest US data-center markets by tracked capacity, and its full market briefing (grid, risk, time to power, scores) is free.", "operators": [{"facility_count": 5, "operator": "CyrusOne", "ranked_by": "facility_count", "total_mw": 95.0}, {"facility_count": 5, "operator": "DataBank", "ranked_by": "facility_count", "total_mw": 0.0}, {"facility_count": 4, "operator": "ServerFarm", "ranked_by": "facility_count", "total_mw": 500.0}, {"facility_count": 3, "operator": "Digital Realty Digital Houston Campus", "ranked_by": "facility_count", "total_mw": 0.0}, {"facility_count": 2, "operator": "Skybox Datacenters", "ranked_by": "facility_count", "total_mw": 55.0}], "outlook": {"generated_at": "2026-11-10T09:01:26.374120+00:00", "narrative_md": "# Houston Data Center Market Brief\n\nHouston's tracked data center footprint spans 94 facilities totaling 1,075 MW across operational, under-construction, and planned assets. CyrusOne and DataBank each operate five sites, while ServerFarm manages four and Digital Realty's Digital Houston Campus accounts for three. The market has absorbed significant capital commitments: Amazon announced a $10 billion investment tied to data center development outside Houston, signaling sustained confidence in the region's infrastructure and utility capacity to support hyperscale projects.\n\nThe DCPI verdict of caution reflects balanced but offsetting pressures on new power access. Power procurement will require active engagement with local utilities and grid operators, particularly for facilities above 20\u201330 MW.\n\nDeal activity underscores consolidation and acquisitive interest in the broader Texas region, though the Houston market's own M&A pipeline remains thin in tracked records. Amazon's $10 billion commitment represents announced investment rather than completed deployment and reflects confidence in the market's utility relationships and available sites, not necessarily immediate capacity deployment.", "rationale": null, "verdict": "CAUTION", "word_count": 252}, "pipeline": [{"eta": null, "facility": "NRG T.H. Wharton Data Center Power Site", "operator": "NRG Energy", "power_mw": 295.0, "status": "Under Construction"}, {"eta": null, "facility": "ServerFarm HTX2 Houston", "operator": "ServerFarm", "power_mw": 100.0, "status": "Under Construction"}, {"eta": null, "facility": "ServerFarm CTX2 Houston", "operator": "ServerFarm", "power_mw": 100.0, "status": "Under Construction"}], "power_grid": {"gen_additions_mw": 19969.0, "interconnection_pending_mw": 446265.84, "iso": "ERCOT", "iso_queue": {"as_of": "2026-10-31", "as_of_basis": "published_report", "basis_note": "ERCOT's published active generation interconnection requests (ERCOT's own report: the GIS Summary or the Monthly Operational Overview, named in queued_generation_gw_source); separate from the large-load queue", "iso": "ERCOT", "queue_kind": "large_load", "queued_generation_gw": 461.4, "source_name": "ERCOT large-load queue (Senate presentation Jul 29 2026; June 19 LLWG) + generation queue (Oct 31 2026)", "source_url": "https://www.ercot.com/files/docs/2026/06/18/June-19-LLWG-Report.pptx"}, "queue_capacity_mw": 464943.5, "queue_wait_months": null, "reserve_margin_pct": null, "time_to_power_as_of": "2026-11-12T08:45:29.601757+00:00", "time_to_power_basis": "DCPI modelled months to energize a new large load in this market (method: https://dchub.cloud/dcpi/methodology); a model estimate, not a utility date", "time_to_power_months": null}, "redirect_to": null, "requested": "houston", "risk": {"drought_months_d2_plus": null, "errors": {"drought_months_d2_plus": "no_drought_source_ingested"}, "water_band": 3, "water_band_label": "Medium-High", "water_category": "mean of 229 Aqueduct 4.0 baseline-annual basins (arid counted as", "water_stress": 55.9, "wildfire_seismic_note": null}, "slug": "houston", "tier": "FREE", "_gated": true, "_locked_fields": ["constraint_score", "excess_power", "excess_power_score", "reserve_margin_pct", "time_to_power_mo", "time_to_power_months", "top_opportunities_json", "top_risks_json"], "_upgrade_cta": "BUILD/CAUTION/AVOID verdicts, the composite score and the market list are free. The DCPI sub-scores (excess-power, grid-constraint, time-to-power) and risk/opportunity detail unlock with the DC Hub plan with every tool: https://dchub.cloud/pricing."}