Hillwood Properties officials say they continue to see demand for industrial space at Alliance and, as a result, the company announced plans to build a new speculative industrial building and a built-to-suit building.
Alliance Center North 2 will be a speculative one million-square-foot industrial building, and Gateway 57, a 310,000-square-foot industrial site. 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 complete by the end of May 2014, and Gateway 57 will be complete 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.”