Hughes JV Kicks Off 7 MSF Dallas Project
The campus will include BNSF rail-served buildings.
Hughes Commercial and B-29 Investments have officially broken ground on Camp Howze Industrial Rail Park, a 7 million-square-foot project in Gainesville, Texas. Stream Realty Partners provides leasing services for the development.
The 14-building, master-planned project will encompass rail- and non-rail-served build-to-suit spaces for logistics, manufacturing and distribution tenants. BNSF will provide the rail services starting in the second quarter of 2027.
Notably, the project also secured a BNSF Certified Site distinction, which typically reduces development timelines by six to nine months.
Camp Howze is set to include a transload facility designed to support rail-to-truck and truck-to-rail operations. Rail-served industrial properties aid in decreasing road congestion by reducing the number of active freight trucks.
READ ALSO: Does Industrial Demand Foreshadow New Development?
The park’s appraised value is projected to exceed $620 million, according to Cooke County Record. Once fully leased and operational, that figure may go well into the billions across a 10- to 20-year period.
Camp Howze may benefit from several incentives, such as the Texas New Market Tax Credit, Opportunity Zone, Tax Increment Reinvestment Zone, Job Creation Grants, Training Grants and Salex Tax Rebates, as well as Double Freeport Tax Exemption.
Located on a 489-acre site, the project takes root along Interstate 35 and U.S. Highway 82, about 70 miles north of downtown Dallas, within one of the fastest-growing North Texas industrial corridors. The site used to house army barracks during World War II and has sat mostly unchanged since, although the idea of an industrial project first emerged two decades ago.
Stream Realty Partners Managing Director & Partner Matthew Dornak and Associate Connor Land are leading the leasing efforts.
Industrial Dallas development remains undeterred
Dallas remained an industrial development juggernaut, with 28.6 million square feet of product under construction as of April, according to a Yardi Matrix report. That accounted for 2.7 percent of stock, a notable figure considering that the market already expanded 11.1 percent between 2022 and 2023, with industrial deliveries reaching 116.8 million square feet.
Additionally, the Metroplex was one of the few markets that witnessed an increase in new industrial projects last year. Developers broke ground on 28 million square feet throughout 2025, representing a 13.4 percent year-over-year increase.
Developers don’t show signs of stopping. Earlier this year, CapRock Partners started its first ground-up project in Texas, breaking ground on Clay Road Business Park, a 483,128-square-foot industrial campus in Sunnyvale, Texas.
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