A $430 Million Data Center. $433.8M factory. Rates at 2 year high.

Hello Fort Worth Insiders!

The Data Center fight isn’t slowing down.

Alliance will host a $430M Data Center, Mortgage Rates hit a 2 year high while we see 87% more Sellers than Buyers. The city logged $6.7 billion in new capital investment & announced new Job projections.

What’s most important to you about Fort Worth? Tell me, so I can make sure it’s a priority.

Here's the Top Stories I found this week.

Kirstine

A $430 Million Data Center Just Landed in North Fort Worth

Summary: A Texas state filing reveals Hillwood's AllianceTexas development will host "Colovore Alliance," a $430 million, 156,500-sq-ft, four-hall data centre at 14700 Heritage Parkway, pulling 32 megawatts of power, with construction starting December 2026.

Why it matters: One of the largest single data centre filings yet in the Alliance corridor - a direct signal of more land, water and power pressure right where North Fort Worth buyers are looking, and a live test of how big deals move despite the state's new permitting scrutiny.

Source: NBC 5 Dallas-Fort Worth (Sept 24, 2026) - https://www.nbcdfw.com/news/business/430m-data-center-project-planned-for-fort-worth-state-filing-shows/4082200/

Mortgage Rates Hit a Two-Year High After the Fed's Surprise Hike

Summary: The 30-year fixed rate climbed to 7.16%, its highest level since early 2017, after the Federal Reserve raised its benchmark rate for the first time in three years instead of cutting it as many had expected.

Why it matters: Changes the buyer conversation overnight - but local Realtor leaders see that property taxes and insurance, not rates, are now the bigger affordability hurdle, and rising inventory means less competition for the buyers still out shopping.

Source: FOX 4 Dallas-Fort Worth (Sept 23, 2026) - https://www.fox4news.com/news/30-year-mortage-rates-hit-2-year-high-what-homebuyers-need-know

Fort Worth's Housing Market Has Swung Hard Toward Buyers

Summary: Redfin data shows Fort Worth now has 87% more sellers than buyers - 12,556 sellers to 6,704 buyers in August - with 73% of homes selling below asking price, among the most buyer-friendly markets in the country.

Why it matters: Real, measurable negotiating leverage for buyers right now; sellers need sharper pricing and staging to compete, and agents on both sides have a strong talking point for the fall market.

Source: CultureMap Fort Worth (Sept 21, 2026) - https://fortworth.culturemap.com/news/real-estate/top-buyers-markets-in-us/

Fort Worth's $6.7 Billion Investment Year

Summary: The city logged $6.7 billion in new capital investment and roughly 7,000 new or retained jobs in FY2025 - led by Meta's ~$2 billion AllianceTexas data centre build, Wistron's ~$761 million AI supercomputing plants and a $190 million Siemens plant - while ranking #1 nationally out of 500 cities for permitting speed.

Why it matters: This is the growth engine behind everything else in this issue - more capital and jobs mean more housing demand, but also more strain on the roads, power grid and water supply feeding that growth.

Source: Fort Worth Weekly (Sept 24, 2026) - https://www.fwweekly.com/2026/09/24/fort-worths-6-7-billion-investment-year-is-about-more-than-the-jobs-numbers/

Denton Holds Its First Hearing on a Data Center Pause

Summary: Denton City Council held its first public hearing on a proposed 90-day pause on new data centre construction (a second hearing is set for Oct 27), while Core Scientific - which already runs Denton's largest facility - is asking the city for even more public land to expand.

Why it matters: A preview of how North Texas suburbs may respond to the data centre boom, and a reminder that the same power and water questions hitting Fort Worth are now a Denton County kitchen-table issue too.

Source: Denton Record-Chronicle (Sept 23, 2026) — https://dentonrc.com/news/denton/denton-holds-first-hearing-on-a-data-center-moratorium-as-core-scientific-eyes-more-land/article_b95e5377-e31a-4338-b16c-eda8437a8130.html

North Texas Home Prices Hold Steady, NTREIS Data Shows

Summary: NTREIS data reported by the MetroTex Association of Realtors puts the North Texas single-family median sales price at $390,000, flat year-over-year, on 7,329 closed sales (down 5%) and 4.3 months of inventory.

Why it matters: The most reliable, MLS-sourced read on where DFW pricing actually stands — a normalising market, not a crashing one, which is the calm, factual answer to give anxious buyers and sellers alike.

Source: MetroTex Association of Realtors / NTREIS (Sept 11, 2026) - https://www.mymetrotex.com/north-texas-housing-market-normalizes/

$1.2 Billion in New DFW Data Centre Projects Filed in Weeks

Summary: Since Aug 31, four operators filed permits totaling $1.2 billion across the region — including Edged's ~$300 million, 486,000-sq-ft "Project Outpost" in Fort Worth — alongside projects in Red Oak, Garland and Irving.

Why it matters: Shows Fort Worth's data centre wave is one piece of a much bigger regional surge — useful context for gauging just how much more power and land demand is headed this way.

Source: The Dallas Morning News, via Yahoo Finance (Sept 16, 2026) — https://finance.yahoo.com/real-estate/articles/1-2-billion-d-fw-193200061.html

Fort Worth Chases a $433.8 Million Carrier Global Plant at Alliance

Summary: The city approved a seven-year, 60% tax abatement to try to land a $433.8 million Carrier Global manufacturing and warehouse plant at Alliance Westport 12, promising 495 jobs averaging $75,000 a year; Carrier is expected to decide by the end of Q3 2026.

Why it matters: A major manufacturing win (not another data centre) would add well-paying jobs and reinforce North Fort Worth as an employment hub - good news for home values and rental demand in Keller, Roanoke and Haslet.

Source: Community Impact (Sept 18, 2026) - https://communityimpact.com/keller-roanoke-northeast-fort-worth/development/fort-worth-aims-to-secure-433-8m-carrier-global-corporation-plant/

348 New Apartments Break Ground on Fort Worth's Hemphill Corridor

Summary: Alabama-based Pivotal Residential broke ground on a $33.5 million, 348-unit market-rate apartment complex at 3320 Hemphill St. in South Hemphill Heights, expected to open in late 2027, with no tax abatement sought.

Why it matters: A sizeable new rental supply addition just south of downtown — worth watching for agents and investors tracking density and redevelopment near the medical district.

Source: Hoodline (Sept 23, 2026) — https://hoodline.com/2026/09/348-unit-sorella-apartments-break-ground-on-fort-worth-s-hemphill-corridor/

A New Plaza Opens Along the Trinity River

Summary: Nonprofit Streams & Valleys cut the ribbon on a new public plaza at the Phyllis Tilley Memorial Bridge landing in Trinity Park, adding 63 trees, a pollinator garden, a harvest table and a bike-repair station along the Trinity Trails.

Why it matters: A concrete new amenity for neighbourhoods near Trinity Park and the Near West Side — the kind of lifestyle upgrade agents can point to directly with buyers.

Source: Fort Worth Inc. (Sept 22, 2026) — https://fortworthinc.com/news/streams-valleys-opens-new-plaza-along-trinity-river/

Your Suggestions Matter To Us👇

What should we cover next? Who should we interview? What do you want researched? Reply and tell us - your ideas shape what comes next.