A California-based mostly industrial builder has hit The start button on An limitless new enterprise park in West Fort Worth.
The 520-acre Majestic Silver Creek Industry Park is being assembleed on the west facet of Loop 820 at Silver Creek Road.
Floor has been damaged on The primary huge warehouse, a 1.1 million-sq.-foot speculative constructing Which will open in mid-2023.
“Our prolonged-time period imaginative and prescient and steadfast dedication to west Fort Worth is coming to fruition as we assist pioneer this new submarket,” Majestic Realty’s Kyle Valley said in A press launch. “That is typically A critical funding and An monumental alternative That Wouldn’t be realized with out the strong partnership We now have with our colleagues On The metropolis of Fort Worth and throughout Tarrant County.”
The West Fort Worth enterprise is An factor Of two.3 million sq. ft Of financial space Majestic Realty plans to develop Inside The subsequent 14 months in Fort Worth.
“If anyone is bullish on Fort Worth, it’s Majestic,” Valley said. “At a time when some are choosing to pump the brakes Solely a bit, we’re going full throttle.”
Collectively with The mannequin new West Fort Worth Industry Park, Majestic Realty is including space in its 320-acre Majestic Fort Worth South enterprise park located shut to Interstates 20 and 35W.
Majestic is starting enchancment of Half II with a 781,544-sq.-foot speculative constructing that Shall be accomplished in second-quarter 2023.
“Rising demand, coupled with The scarcity of availability for over 700,000-sq.-foot constructings On the market, prompted us To maneuver forward on what Can be The Most very important out there beneath enchancment constructing On this submarket,” Valley said.
Based in 1948, L. a.-based mostly Majestic Realty Is Amongst The numerous nation’s prime industrial builders. The agency owns about 87 million sq. ft Of financial space and has regional workplaces in Texas, Georgia, Colorado, Nevada, Arizona, Oregon and Pennsylvania.
D-FW is the nation’s prime industrial constructing market, with Greater than 56 million sq. ft beneath enchancment.
Jerry Jones Is in a place To assemble as quickly as extra in Frisco’s Star Industry Park