IN THE NEWS

Hunt's Bold Move: 1M SF Spec In Fort Worth

In a big bet on the future of distribution and the strength of Fort Worth, Hunt Southwest has bought 77 acres to build a 1M SF spec distribution/fulfillment center. The site is at the northwest quadrant of Interstate 820 and I-35W in Fort Worth. The building will have 40-foot clear height, cross-dock configuration, 196 dock-high doors, LED lighting with motion sensors throughout and extra land for seasonal employee parking, extra trailer parking or other ancillary uses. Construction will begin in the next 30 days and complete in late Q3 2019. Show Full Story Hunt just this month sold its last Fort Worth development, the 657K SF 35/820 @ Mercantile industrial project. That property also bega

Big projects still in the DFW construction pipeline, with no signs of slowing

Toyota North America delivering its long-awaited corporate campus in Plano's Legacy West could seemingly slow the amount of construction in North Texas. But those on the ground in the region still see big projects looming on the horizon. "I think cranes will still be flying for a while," Neal Sleeper, president of Dallas-based Cityplace Co., told the Dallas Business Journal. "I think construction will be hot and heavy for the next two to three years." Cityplace Co., along with Cleveland-based Forest City Realty Trust Inc. (NYSE: FCEA and FCEB), is nearing completion on a long-awaited boutique hotel and high-rise luxury tower within the West Village. Sleeper said he expects the development gr

$1.5 billion Frisco mixed-use project, Railhead, proposes offices and up to 1,200 housing units

A new mixed-use project proposed for Frisco would be built on a high-profile Dallas North Tollway site. Called the Railhead, the 80-acre building tract is just south of Frisco's Wakeland High School. Development plans for the property on the west side of the tollway show almost two dozen buildings constructed around a central park. Office buildings, a hotel and retail would occupy most of the land closest to the tollway. Show Full Story Urban residential buildings and smaller office buildings are planned for the west side of the project, according to details provided Frisco's planning department. Architect CallisonRTKL did the land plan. "This development will be the third largest developme

Hey, Amazon: I Bet I Can Persuade You to Build Your HQ in Texas Frisco, Texas, is an under-the-rada

Amazon.com (NASDAQ:AMZN) has become the belle of the ball that everyone wants to dance with. Cities across the U.S. are pulling out all the stops to lure the e-commerce giant -- and its 50,000 jobs -- to their home turf. The contest began in early September when Amazon said it was accepting proposals from cities that can explain why they're the best pick for its second headquarters. Show Full Story To help cities determine whether they had a chance to win the contest, CNBC reported that Amazon created the following checklist: A city with more than a million people. An international airport. A good business climate. Mass transit. Quality higher education. A well-educated workforce. Cities ha

D-FW industrial building leases surged in the third quarter

Industrial building demand soared in North Texas during the third quarter. Expanding and relocating warehouse and industrial businesses pushed net leasing to 8.2 million square feet in the just-ended quarter, according to a new report from commercial real estate firm CBRE. With the third quarter's strong leasing, more than 16 million square feet of net industrial deals have been recorded so far in 2017. Show Full Story The biggest deals include an 874,000-square-foot lease by online retailer Wayfair in Lancaster and a 703,000-square-foot distribution center lease by Chinese appliance-maker Haier in Grand Prairie's Wildlife Commerce Park near Interstate 30. "While the absorption of the first

Ex-Amazonian: Hyperloop and other next-gen transportation planning could bring ‘HQ2’ to Texas

An artist’s conception shows a Hyperloop transit tube heading toward a city skyline. (Hyperloop One Illustration) One of Amazon’s leadership principles is to think big, and that’s exactly what a former Amazon employee is encouraging cities to do if they want to land the retail giant’s second headquarters. Show Full Story Brittain Ladd, who worked on the global expansion of Amazon’s grocery arm AmazonFresh and is now a supply chain consultant, said cities need to look beyond just finding somewhere for Amazon to set up a campus. He said cities in the same state shouldn’t compete with each other, and instead they should come together with regional plans that address transportation and other bi

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