FORT WORTH--Hillwood Properties, developer of the 18,000-acre master-planned, mixed-use AllianceTexas development, has purchased approximately 260 acres in Northlake to launch the latest sector within the AllianceTexas development, Alliance Northport.

“The location of Alliance Northport extends Hillwood's AllianceTexas holdings deeper into Denton County,” Tony Crème, vice president of Hillwood Properties, told GlobeSt.com. “Alliance Northport will also have access to the to the same work force recruitment, training and retention resources that are current available to all AllianceTexas companies.”

Located on Interstate 35W (I-35W) at State Highway 114 (SH-114), across from the Texas Motor Speedway, the expansion will add over 3 million square feet to the AllianceTexas project, which currently totals over 40 million square feet. While Alliance Northport is planned for a variety of product types including retail and office, the primary focus will be class A industrial buildings. In addition, Alliance Northport will have access to the same workforce recruitment, training and retention resources that are currently available to all AllianceTexas companies through the Alliance Opportunity Center, and Tarrant County College's Corporate Training Center and Center of Excellence for Aviation, Transportation and Logistics.