Funding type
This project involves public funds, public land, or is a Federally funded roadway project.
Rise 2A in Vernon, TX
FM 2897 S, Vernon, TX, 76384
Rise 2A is a new construction project at FM 2897 S, Vernon, in Wilbarger County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Mar 2028. The project has an estimated value of $500.0M across about 991,000 sq ft.
- Estimated project value
- $500.0M
About this figure
Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.
- Reported floor area
- 991,000 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $505/sqft
About this figure
Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.
- Scheduled duration
- 2 years
About this figure
The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.
The project record
Project timeline
Explore filed milestones and scheduled dates. Open a milestone for its source.
3 timeline dates shown.
Scheduled construction start · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
Source: TDLR filing
View source recordProject registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
106 days after the preceding date shown.
Source: TDLR filing
View source recordScheduled completion · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
625 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Rise 2A
A new data center facility, registered as Rise 2A, is being developed on FM 2897 S in Vernon, Texas. The project encompasses 991,000 square feet of new construction, including associated mechanical and electrical yards, fire lanes, a security entrance, and utilities. This development is targeted for March 2028.
Platon Investments LLC is the owner of record for this $500,000,000 project. The design firm of record is Kimberly - Horn, which is also responsible for a separate project, Rise 1A, in Vernon. The registered accessibility specialist for this filing is Paul J Glenn. The work is classified as new construction and involves public funds, public land, or a Federally funded roadway project.
Scale and Cost Context
The estimated cost per square foot is $505. This figure is above the county median of $148 for new construction filings in Wilbarger County. The total estimated cost of $500,000,000 is also above the county median for its type. The scheduled build window is 731 days, which is longer than the county median of 215 days for similar projects.
Construction is scheduled to begin in March 2026. The project was registered with TDLR in July 2026. Plan review is pending. The completion date on the filing is March 2028. The TDLR status is Project Registered.
Location and Area Profile
The site is located in Wilbarger County, within ZIP code 76384. U.S. Census ACS 2023 five-year estimates for this ZIP code indicate a population of about 12,239. The median household income is $51,582, and there are 5,595 housing units. The median owner-occupied home value is $101,600. Housing in this area is mostly owner-occupied.
Wilbarger County unemployment rate (FRED, June 2026) is 4.4 percent, higher than a year earlier. The project is situated on FM 2897 S, a route that serves the Vernon area. The scope includes specific infrastructure elements such as fire lanes and a security entrance, which are standard for large-scale data center facilities.
Project Registered
Project has been registered with TDLR and is in pre-construction phase
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Rise 2A is a New Construction project located at FM 2897 S, Vernon, TX 76384 in Vernon, Texas. The project has an estimated value of $500.0M covering 991,000 sq ft. Platon Investments LLC is the property owner and Kimberly - Horn is the design firm of record. The project was registered with TDLR on July 15, 2026.
Frequently Asked Questions
Is the Rise data center in Vernon open?
The project is under construction and targeted for March 2028. It is not open for business. Construction is scheduled to begin in March 2026.
Who is developing the Rise data center project?
Platon Investments LLC is the owner of record. The design firm is Kimberly - Horn, and the registered accessibility specialist is Paul J Glenn.
How large is the Rise data center facility?
The project encompasses 991,000 square feet of new construction, including mechanical and electrical yards, fire lanes, and a security entrance.
What is the estimated cost of the project?
The estimated cost is $500,000,000. This results in a cost per square foot of $505, which is above the county median.
When is the Rise project expected to be completed?
The completion date on the filing is March 2028. The project is targeted for March 2028. Construction start is scheduled for March 2026.
What is Rise 2A?
Rise 2A is a new construction project at FM 2897 S in Vernon, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: New data center with associated mechanical and electrical yards, fire lanes, security entrance, and utilities.
Is Rise 2A open in Vernon?
Rise 2A is still under construction in Vernon, TX, with an estimated completion of Mar 2028 according to its TDLR registration.
Where is Rise 2A located?
Rise 2A is located at FM 2897 S, Vernon, TX, 76384, in Wilbarger County.
Who is the owner or developer of Rise 2A?
Platon Investments LLC is the property owner/developer of record for Rise 2A, per its TDLR project registration.
Who is the architect or design firm for Rise 2A?
Kimberly - Horn is the design firm of record for Rise 2A, according to its TDLR filing.
How much does Rise 2A cost and how big is it?
Rise 2A has an estimated construction value of $500.0M and approximately 991,000 square feet (about $505/sqft), based on its TDLR filing.
Scope of Work
New data center with associated mechanical and electrical yards, fire lanes, security entrance, and utilities.
Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.
Location & views
FM 2897 S, Vernon, TX, 76384
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