AllianceTexas
Hillwood said on Tuesday that it will soon break ground on a 1.1 million-square-foot, Class A industrial building within its AllianceTexas development in north Fort Worth.
Construction on Alliance Westport 24 will commence this month. It is set for completion in the fourth quarter of 2025, according to officials.
The cross-dock facility has been designed with up to 704 onsite trailer parking spaces with the expansion of up to four total onsite truck courts.
“Over the past year, AllianceTexas has experienced unprecedented industrial demand as one of the best performing submarkets in the entire country by measure of net absorption — even outperforming the entire Chicago market by nearly 20%,” said Reid Goetz, senior vice president of Hillwood, the developer of the 27,000-acre AllianceTexas. “With Westport 24, Hillwood is doubling down on our industrial growth strategy within AllianceTexas and remains committed to attracting best-in-class logistics and manufacturing companies requiring facilities over 1 million square feet.”
The building was designed by RGA Architects, and Westwood is the civil engineering design firm. Hillwood Construction Services will serve as the general contractor for the project.
Speculative tenant improvements will be constructed with the shell building, including roughly 2,700 square feet of main office space, LED warehouse lighting, 3,000 amps of power and 20 full dock packages, allowing customers to occupy and operate within the building immediately upon construction completion.
AllianceTexas’ transportation infrastructure platform includes the AllianceTexas Mobility Innovation Zone, Perot Field Fort Worth Alliance Airport, and BNSF Alliance Intermodal Facility. AllianceTexas’ supply chain network amenities include the FedEx Ground Hub, two UPS Ground Sort Hubs, the FedEx Express Southwest Regional Air Hub and the Amazon Air Regional Hub.
In May, Hillwood announced that it was constructing Alliance Westport 14, a 766,994-square-foot, Class A, speculative industrial building already under construction. It is scheduled to be completed in June.
The projects are part of Hillwood’s plan to develop 3.5 million square feet of industrial facilities across AllianceTexas.
In 2022, Hillwood leased its largest industrial speculative building to-date to Target Corporation. The 1.2 million-square-foot facility lease to Target at Alliance Center East 1 (ACE 1) was ranked the No. 1 largest industrial lease in the Dallas-Fort Worth market in 2022, according to CoStar.
In addition, Hillwood leased Alliance Westport 25, one of the submarket’s largest industrial speculative building projects, to Southwire in July 2023, Southwire one of North America’s largest cable and wire producers.
Initially planned at just more than 1 million square feet, Alliance Westport 25 was increased to just more than 1.1 million square feet while under construction to meet Southwire’s needs.