Dallas-based mostly developer Jackson-Shaw has damaged ground on a four-setting up business enterprise park south of Fort Worth.
The Chisholm 20 industrial task will include things like far more than 917,000 sq. ft of warehouse and office house and is located at the northeast corner of Interstate 20 and Winscott Street in Benbrook.
“Chisholm 20 will be a greatest-in-course progress in a strategic area with outstanding visibility and immediate accessibility to and from Interstate 20, generating it great for logistics and e-commerce tenants,” stated Miles Terry, Jackson-Shaw vice president of progress, in a assertion. “South Fort Truly worth is one particular of the most energetic submarkets in D-FW with shut proximity to labor and rooftops.”
Terry credited the design of the $1.4 billion Chisholm Path Parkway in 2014 as a catalyst for development due to the fact it connected Benbrook and other suburbs with downtown Fort Really worth.
The new industrial park is scheduled to open in the third quarter of 2023.
The major of the structures is 377,844 sq. ft.
Main Partners is an fairness companion in the job, which was built by GSR Andrade Architects. Veritex Local community Lender and Comerica Bank are funding the task.
CBRE Group’s Steve Koldyke, Kacy Jones and Brian Gilcrest are marketing the new industrial enhancement.
Jackson-Shaw is a 50-calendar year-outdated firm that has crafted a lot more than 62 million sq. ft of assignments in Texas, Colorado, Nevada, Arizona, North Carolina, Florida and Washington, D.C.
The developer just sold properties in a further of its North Texas enterprise parks — the 46 Ranch Logistics Park in South Fort Worth. The industrial homes were obtained by a unit of the New York-based Instructors Insurance policies and Annuity Affiliation, county data show.