Expansion of AllianceTexas Industrial Market
AllianceTexas, already one of the largest industrial markets in the Dallas-Fort Worth metro, is getting a 1.1 million square foot injection of new development. This significant expansion is a testament to the market’s continued growth and demand for industrial space.
Ross Perot Jr.’s Hillwood announced two new speculative Class A industrial buildings at its Fort Worth master-planned development. The construction of these buildings is slated to begin in September and is expected to be completed next year, further solidifying AllianceTexas’ position as a major industrial hub.
New Industrial Buildings
Alliance Westport 15, the larger of the two buildings, will be located at Mobility Way and Intermodal Parkway, and will boast nearly 800,000 square feet. This massive structure will provide ample space for logistics and manufacturing operations, catering to the growing demands of industries in the region.
Alliance Gateway 34, the smaller building, will span around 310,000 square feet and be located at Westport Parkway and Independence Parkway. Although smaller than its counterpart, this building will still offer a substantial amount of space for businesses looking to establish or expand their presence in the area.
Market Demand and Trends
While demand for large-footprint industrial product has waned since the pandemic, industry experts have said there is still an appetite for well-situated product. The strategic location of AllianceTexas, with its proximity to major transportation hubs and infrastructure, makes it an attractive option for companies seeking to optimize their logistics and supply chain operations.
“Demand at AllianceTexas remains strong among top-tier logistics and manufacturing users,” Bill Burton, executive vice president at Hillwood, said in a statement. This sentiment is echoed by the market’s performance, with around 3 million square feet — equivalent to 3.4% of Alliance’s existing inventory — absorbed over the past year.
A rendering of the Gateway 34 building currently in development at AllianceTexas in Fort Worth.
Courtesy of Hillwood
Recent Developments and Future Plans
The development of two new buildings at Alliance follows two major wins for Hillwood, including a 450,000-square-foot film and television production campus developed with SGS Studios in 2024, now the largest operating studio in Texas. This project highlights the diversity of industries that AllianceTexas can support, from logistics and manufacturing to entertainment and technology.
Taiwanese supercomputer manufacturer Wistron also recently announced plans to establish two AI supercomputing facilities at AllianceTexas. This move underscores the market’s appeal to tech companies and its potential for growth in the sector.
In a statement, Burton said the company planned to maintain a pipeline of “high-quality speculative space.” This approach will enable Hillwood to respond to emerging demands and trends in the industrial market, ensuring that AllianceTexas remains competitive and attractive to businesses.
Conclusion
The 1.1 million square feet slated for development will bring AllianceTexas’ total inventory close to 82 million square feet. The development is the largest industrial market in Fort Worth by a wide margin, and among the largest markets in the area. As the industrial landscape continues to evolve, AllianceTexas is poised to play a significant role in supporting the growth of various industries, from logistics and manufacturing to technology and entertainment.
Frequently Asked Questions
Q: What is the total square footage of the new development at AllianceTexas?
A: The total square footage of the new development at AllianceTexas is 1.1 million square feet, comprising two buildings: Alliance Westport 15 with approximately 800,000 square feet and Alliance Gateway 34 with around 310,000 square feet.
Q: When is the construction of the new buildings expected to begin and be completed?
A: The construction of the new buildings is slated to begin in September and is expected to be completed next year.
Q: What types of industries can AllianceTexas support?
A: AllianceTexas can support a variety of industries, including logistics, manufacturing, technology, and entertainment, due to its strategic location and diverse range of facilities.
