A large event space in Dallas, Texas, could be replaced with a data center.

Local press reports that Crow Holdings plans to build a five-story, 245MW data center on 40 acres at the Dallas Market Center site.

The company reportedly aims to replace the Dallas Market Hall, one of the buildings at the complex, with a data center. The real estate firm is working with CleanArc Data Centers on the project. The first phase could come online by late 2027.

Dallas Market Center officials told press that the building is no longer accepting future bookings.

“Dallas Market Center stopped booking future events at Market Hall months ago as strategic redevelopment options are evaluated,” SVP Cole Daugherty told Fox.

Dating back to the mid 1950s, the Dallas Market Center is a five million sq ft (460,000 sqm) wholesale trade center. Located at 2100 Stemmons Freeway, the site is owned by Crow Holdings, a privately-owned real estate firm based in Dallas.

The site features multiple multi-story buildings, hosting showrooms and trade events. The Market Hall, at 2200 N Stemmons Fwy, opened in 1960. The only building at the complex open to the general public, the hall totals 202,000 sq ft (18,800 sqm) and hosted concerts as well as exhibitions.

Crow first announced plans for a data center campus in Dallas in January, though full details weren’t shared. The company originally said the data center was being developed on vacant land, but new zoning documents suggest it will be developed on the site of the market hall.

Founded in 1948, Crow Holdings is a real estate investment and development firm with $34 billion in assets under management. The company is largely focused on multifamily and industrial developments, with investments in solar and battery projects.

In January, Crow said the planned Dallas campus was part of a broader national digital infrastructure development strategy. The company’s pipeline reportedly totals more than 3GW of potential data center capacity currently under evaluation across select US markets, including potential projects in New Jersey, Georgia, and North Carolina.

Though they share roots, Crow Holdings is not to be confused with the CBRE-owned Trammel Crow Company.

CleanArc was launched in 2024 by clean energy investment firm 547 Energy. Private equity firm Snowhawk invested in CleanArc in September 2024 and is now the company's majority owner. The company has since taken follow-on investment from Townsend Group and Nuveen.

Led by Vantage Data Centers founder Jim Trout, CleanArc aims to develop hyperscale data center campuses delivering 300MW+, and spanning 200-700 acres. The company is developing a large site in Virginia’s Caroline County.

On its website, CleanArc lists the Virginia and Dallas projects, as well as planned developments in Dallas, Austin, Chicago, and Atlanta.

We spoke to CleanArc’s CEO Jim Trout about his ambitions for the company for a recent edition of DCD>Magazine, out now and available to read for free.