{"id":1004077291,"date":"2013-06-16T20:12:25","date_gmt":"2013-06-17T04:12:25","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=139021"},"modified":"2022-03-04T03:55:08","modified_gmt":"2022-03-04T11:55:08","slug":"160m-faa-regional-hqs-to-break-ground-in-fort-worth","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/160m-faa-regional-hqs-to-break-ground-in-fort-worth\/","title":{"rendered":"$160M FAA Regional HQs to Break Ground in Fort Worth"},"content":{"rendered":"<p><em>By Amalia Otet, Associate Editor<\/em><\/p>\n<p>Trammell Crow Co. and joint venture partner USAA Real Estate Co. plan to break ground on a $160 million build-to-suit office project in Fort Worth\u2019s Alliance Park.<\/p>\n<p>To be constructed on a 45-acre tract at the northwest corner of Heritage Parkway and Interstate 35W, the six-story Class A facility will serve as the new Southwest region <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/06\/Rendering-of-FAA-Southwest-Regional-Office-Center.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-139024 alignright\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/06\/Rendering-of-FAA-Southwest-Regional-Office-Center.jpg\" alt=\"\" width=\"300\" height=\"175\" \/><\/a>headquarters of the Federal Aviation Administration, as part of a 20-year lease agreement.<\/p>\n<p>\u201cThe Trammell Crow and USAA Real Estate Co. team appreciates the opportunity to collaborate with GSA, FAA and the city of Fort Worth to give rise to a vibrant office environment that celebrates the long and compelling history of the FAA, energizes this section of the city of Fort Worth and the I-35W corridor, and of which we can all be proud for decades to come,\u201d said Tom Finan, a managing director of Trammell Crow Co. \u00a0in Washington, D.C., in a statement.<\/p>\n<p>Designed by Gensler, the project includes 357,214 square feet of office and support space, which meets both the government\u2019s security and energy-efficiency requirements.<\/p>\n<p>Construction is expected to begin in September 2013, with a completion date set for October 2015. Manhattan Construction Co. will serve as general contractor.<\/p>\n<p>The General Services Administration, which bids out the FAA&#8217;s development work, was represented by Nancy Lopez of GSA and Kelly Winn of Studley, according to the <em><a title=\"Dallas Business Journal\" href=\"https:\/\/www.bizjournals.com\/dallas\/news\/2013\/06\/04\/trammell-crow-co-to-develop-new-faa.html\" target=\"_blank\" rel=\"nofollow noopener\">Dallas Business Journal<\/a><\/em>.<\/p>\n<p>In other news, the <em><a title=\"Dallas Business Journal\" href=\"https:\/\/www.bizjournals.com\/dallas\/news\/2013\/06\/03\/grocers-supply-readies-to-build-50m.html\" target=\"_blank\" rel=\"nofollow noopener\">Dallas Business Journal<\/a><\/em> reports that Houston-based Grocers Supply Co. plans to build a $50 million regional distribution hub near Cleveland and Blanco roads in South Dallas.<\/p>\n<p>The company is seeking a 90 percent tax abatement on real property for 10 years, as well as a $1.85 million economic development grant, both subject to city council approval.<\/p>\n<p>If it comes to fruition, the 129-acre project will feature a 740,000-square-foot refrigerated and dry warehouse facility, which could be further expanded to reach 1.2 million square feet. Completion is slated for November 2014.<\/p>\n<p><em>Rendering of planned FAA Southwest Regional Office courtesy of Trammell Crow Co. via <a title=\"Fort Worth Business Press\" href=\"https:\/\/fwbusinesspress.com\/fwbp\/article\/1\/1011\/Breaking-News\/Joint-venture-to-develop-new-FAA-area-headquarters.aspx\" target=\"_blank\" rel=\"nofollow noopener\">FWBP<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trammell Crow Company along with its joint venture partner, USAA Real Estate Co., plans to break ground on a $160 million build-to-suit office project in Fort Worth\u2019s Alliance Park.<\/p>\n","protected":false},"author":39,"featured_media":1004506193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1586,21782,21748,21742,21747],"tags":[],"class_list":["post-1004077291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-dallas","category-development","category-industrial","category-latest","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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