He resigned in February and accepted a position as city manager in Austin.
The new building, called Alliance Westport 14, will provide access to Intermodal Parkway, FM 156 and the BNSF Railway Alliance Intermodal Facility, Hillwood says.Dallas-based Hillwood plans to construct a 766,994-square-foot high-end industrial building at its AllianceTexas development, placing a massive bet on speculative space in North Texas despite a broader market slowdown.
In addition to the vast square footage under one roof, the new building will provide 196 trailer parking spaces and 306 car parking spaces. The site has additional land to expand parking. Hillwood Development Company LLC is targeting the building for companies working in industries such as logistics, e-commerce and manufacturing.
Hillwood, a Perot company that’s one of the biggest developers of industrial, commercial and residential real estate in the country, is also planning and designing an additional 3.5 million square feet of industrial buildings across AllianceTexas, the 27,000-acre master-planned and mixed-use development. The buildings will offer class A space ranging from 200,000 square feet to up to 1.2 million square feet.
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