Developer and investor Crow Holdings Industrial are making plans for 3 new buildings in its Wildlife Commerce Park in Grand Prairie.

The 220-acre business park is on Belt Line Road north of Interstate 30. The business improvement is on the previous site of the International Wildlife Park, which closed withinside the 1990s.

Crow Holdings has built a chain of warehouse and distribution buildings withinside the project since 2014.

The developer plans to break ground later this year on 3 more warehouses withinside the task, consistent with plans simply filed with the state. The buildings will generally be greater than 1 million square feet and price greater than $60.8 million.

Construction on the following 3 warehouses at Wildlife Commerce Park is ready for completion in past due 2023.

Pross Design Group is the architect for the development.

In 2020, Holdings offered a big percentage of buildings withinside the enterprise park to Allianz Real Estate.

Crow Holdings Industrial is one of the most important warehouse developers in North Texas, with projects in the course of the Dallas-Fort Worth area. It has closed a brand new fund to construct and purchase greater than $1.5 billion in business properties across the country.

Last year, the agency introduced a deal to construct almost $1 billion in U.S. business projects in partnership with Abu Dhabi-based Mubadala Investment Co.

Large Chicago Developer starts new Grand Prairie warehouse space project

A Chicago-primarily based developer has broken ground on a brand new logistics venture in Grand Prairie.

CA Industrial is constructing the distribution center in partnership with worldwide investor DWS Group.

The venture at 2700 Avenue K will open later this year with greater than 200,000 square feet of area.

“Unparalleled call for and basics withinside the business marketplace persist following the onset of the COVID-19 pandemic and is anticipated to retain over the following numerous years,” Michael Podboy, president of CA Industrial, stated in a statement. “The transport of institutional-great developments, like 2700 Avenue K, permit us to capitalize in this acceleration in e-trade adoption and better stock tiers whilst additionally uniquely catering to distribution and warehouse users.”

The construction site is 8 miles from DFW International Airport. Luke Davis of Stream Realty Partners is leasing the building.

CA Industrial has 9.7 million square feet of business area presently below improvement in U.S. markets along with Phoenix; Dallas; Orlando; Atlanta; Savannah, Ga.; Columbus, Ohio; Richmond, Va.; Indianapolis, and Las Vegas.

“Dallas-Fort Worth maintains to interrupt its personal statistics because it pertains to business absorption, similarly strengthening its role as one of the main business markets withinside the U.S.,” CA Industrial’s Joe Trinkle stated in a statement.

The DFW vicinity is the country’s fastest-developing business marketplace with greater than 50 million square feet of homes below improvement.