FORT WORTH, TX-Hillwood Properties, developer of the 18,000-acre master-planned, mixed-use AllianceTexas development in north Fort Worth, plans to build Alliance Center North 2, a speculative one million-square-foot industrial building, and Gateway 57, a 310,000-square-foot industrial complex. Announced previously as a speculative build, Alliance Center North 1 will be completed as a build-to-suit. Construction on both Alliance Center North buildings will be completed by the end of May 2014, and Gateway 57 will be completed in June 2014.
Alliance Center North 2 is included in the master development plan for Alliance Center North, which will offer more than 1.5 miles of frontage along Interstate 35W, providing excellent visibility and access. Gateway 57 complements other industrial offerings within the Alliance Gateway, providing convenient access to SH 170, SH 114 and US 377.
“Hillwood continues to see increased demand in the industrial market,” said Mike Berry, president of Hillwood Properties. “These new industrial buildings will give us a competitive advantage under current market conditions, and provide our customers with direct proximity to the Alliance Global Logistics Hub.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.