Good morning, Dev Test County. Dallas is scaling up in a big way this week, with data center giant Centersquare making waves through its billion-dollar acquisition of facilities across North America. This massive expansion comes as Texas cements its position as a hotspot for data infrastructure, while downtown Dallas undergoes its own transformation through Pacific Elm Properties' ambitious mixed-use developments like the luxury Peridot Residences inside Santander Tower.
Amid all this forward momentum, a piece of Dallas history sits in limbo. Streetcar 707, which transported residents along Tremont Street from the 1920s until 1956 before becoming a dining car at Spaghetti Warehouse, now awaits its next chapter. The Peter Witt-style trolley needs around $250,000 for restoration as local preservationists search for both funding and space to revive this rolling piece of transportation heritage.
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86%☕️ What's Brewing Locally
🏢 Dallas data center giant makes billion-dollar expansion move. Centersquare has acquired additional data centers for $1 billion, expanding its portfolio to 80 facilities across North America. The purchase includes colocation sites in Dallas, Tulsa, Nashville, Raleigh, Toronto, and Montreal. The company, formed just last year through a roll-up deal by Brookfield Infrastructure Partners, continues its aggressive growth strategy in the booming data center market. This acquisition comes amid increased data center development throughout Texas, with major AI companies also making significant investments in the region.
🏙️ Downtown Dallas is getting a vibrant makeover. Pacific Elm Properties' new CEO Billy Prewitt remains optimistic about downtown Dallas's future despite excess office space. The company specializes in transforming downtown buildings into mixed-use destinations, including the luxury 291-unit Peridot Residences inside Santander Tower. Their portfolio includes several Dallas properties with Bank of America Tower at Parkside under development, set to become Uptown's tallest tower by 2027. Prewitt believes these adaptive reuse projects can reinvigorate downtown despite public safety challenges and some companies relocating elsewhere.
🚋 Dallas' historic streetcar awaits its next chapter after Spaghetti Warehouse closure. Streetcar 707, which once transported Dallasites along Tremont Street from 1920s to 1956, found second life as a dining car in the West End restaurant until 2019. Now dismantled and stored in a salvage warehouse, the Peter Witt-style trolley faces an uncertain future as the Junius Heights Historic District seeks funding and space for restoration. The project could cost up to $250,000 to get the streetcar operational again, while a new mural by artist Isaac Davies aims to revive community interest in preserving this piece of Dallas transportation history.
🏡 Real Estate Reveals |
PRESENTED BY Amy Jackson, CENTURY 21 |
Renovated resort-style home awaits: Freshly renovated home featuring shaker cabinets, granite counters, high ceilings, and a perfect deck for sunrise coffee or sunset wine is now available for $189,000. The top-to-bottom updates promise carefree living in a resort-style atmosphere.
Spacious four bedroom under 200k: This 4-bedroom, 2-bath home with open layout and spacious bedrooms is available for $184,900. The property includes a generous yard ideal for outdoor activities and private relaxation.
Affordable brick ranch needs updates: Priced at $160,000, this brick ranch in Brimfield Township offers three bedrooms, one bathroom, original hardwood floors, and a waterproofed basement, with updated AC/Furnace and Well Pump from 2020.🗓️ Happenings & Hoopla
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The Lord is my light and my salvation—whom shall I fear? The Lord is the stronghold of my life—of whom shall I be afraid?
-Psalm 27:1
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