KDC Kicks Off DFW Industrial Facility
Oncor Electric Delivery Co. will fully occupy the distribution center upon its completion.
The facility will rise 31 miles from downtown Dallas. Image by Alliance Architects, courtesy of KDC
KDCÂ has broken ground on a 422,000-square-foot distribution center for Oncor Electric Delivery Co. in Midlothian, Texas. The development team includes general contractor F.A. Peinado and architecture firm Alliance Architects Inc. Completion is expected by next fall. Cushman & Wakefield represented Oncor in the transaction.
Designed to achieve LEED certification, the build-to-suit facility is set to include warehouse storage space, interior offices, training rooms and a break room. The cross-dock building will feature 36-foot clear heights.
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The 60.7-acre site is part of the 1,700-acre Railport Business Park, the result of a public-private partnership through the Midlothian Development Authority. In the 1990s, Texas Industries acquired the land and transformed into an industrial hub. The master plan is zoned for light commercial and heavy industrial. Other companies operating within the campus include Target, Google and QuikTrip.
The Oncor building will rise on U.S. Highway 67, providing easy access to interstates 45 and 35. Downtown Dallas and downtown Fort Worth will be within 33 miles, while Dallas/Fort Worth International Airport is 36.6 miles northeast.
Cushman & Wakefield’s team included Executive Director Ryan Hoopes, Executive Managing Director David Eseke and Vice Chair Robbie Baty. Earlier this year, Eseke was part of the team that helped Tristar Glass fully lease a 184,281-square-foot industrial facility in Grand Prairie, Texas.
KDC is currently working on several other developments across the state. In April, the developer broke ground on Wells Fargo’s Irving campus, a $200 million project expected to come online by the end of 2025. Other projects include a 500,000-square-foot office tower in Uptown Dallas and a manufacturing building in McKinney.
Other Dallas industrial projects
Dallas-Fort Worth had more than 42.4 million square feet of industrial space underway as of October, according to a recent CommercialEdge report. The metro ranked second in the U.S. after Phoenix, which had some 47.3 million square feet in the development pipeline.
Earlier this fall, Constellation Real Estate Partners and Northwestern Mutual announced the development of a 543,330-square-foot industrial campus in Southlake, Texas. Construction is expected to begin in the first quarter of next year, with completion scheduled for early 2025.
In May, a joint venture between Invesco Real Estate and Bandera Ventures broke ground on a two-building, 1.5 million-square-foot industrial park in Wilmer, Texas. A JLL team is marketing the property for lease.
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