Hillwood plans to build two more spec warehouses at Alliance | Hillwood plans to build two more spec warehouses at Alliance | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=5944 | 2013-10-23T14:48:00Z | 2013-10-23T07:00:00Z |
FORT WORTH - Following the lease of the 1.2 million-sf Alliance Center North 1, Hillwood Properties plans to build two more speculative buildings totaling 1.3 million sf.
Construction has begun on the adjacent 1 million-sf Alliance Center North 2, also expected to be complete in May 2014. The third building, with 310,000 sf and called Gateway 57 in the Alliance Gateway section of the 17,000-acre development, will be completed in June 2014.
Hillwood last built speculative buildings in 2008.
It is currently constructing a 399,000-sf build-to-suit facility for Carolina Beverage Group, next door to Flextronics, which opened a 450,000-sf factory for Motorola’s Moto X smartphone in the former Nokia factory on Alliance Gateway.
Hillwood also recently competed a 1.1 million-sf distribution center for online retailer Amazon.com in the Haslet section of Alliance, and Walmart has opened a 788,000-sf online fulfillment center at 5300 Westport Pkwy.
The Alliance Center North development will have the capacity for more than 9 million sf of industrial building space when it is built out.
| Fort Worth Star-Telegram
| Dallas-Fort Worth-Arlington
| Industrial
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