Majestic Realty Co., in partnership with Fort Worth-based Hickman Companies, announced May 17 plans to develop a 320-acre master-planned business park in south Fort Worth planned for over 6 million square feet of office, industrial and logistics space.
The site is located at the southwest corner of Interstate35 and Everman Parkway,
Located just 2.5 miles south of the Interstate 20 and Interstate 35 interchange, Phase I of the Majestic Fort Worth South Business Park will be built on 110 acres and total 1.8 million square feet of industrial space. With direct access to and visibility from I-35, the multi-building Phase I will offer users options ranging from 35,000 square feet to 1.2 million square feet of spec and build to suit options.
Scheduled for completion in June 2018, Building One will encompass 287,000 square feet. Features include: 32-foot clear height, 50-foot by 52-foot bay spacing, ESFR sprinkler system, 66 dock doors, 84 trailer parking spaces, 219 car parking spaces and a 190-foot truck court. The building has the flexibility to accommodate tenants ranging from 35,000 square feet to 287,000 square feet.
“With direct access to I-35 and I-20, a strong labor market and low vacancy within the sub-market, we believe that south Fort Worth provides a great option for any company considering locating within the DFW Metroplex,” said Majestic- Vice President Josh Wheeler.
Tenants of the Fort Worth South Business Park will join prominent neighboring businesses including Alcon, Ben E. Keith, Budweiser, Halliburton, Federal Express, NFI, Tyson and Procter & Gamble.
The Fort Worth South Business Park will add to Majestic Realty’s existing 9.5 million square foot Texas portfolio spread across six industrial parks including Lewisville (3.5 million square feet), Hutchins (1.5 million square feet), Fort Worth (1 million square feet.), Coppell (300,000 square feet.) Plano (200,000 square feet.) and Laredo (3 million square feet).