{"id":1004725386,"date":"2024-08-14T03:16:00","date_gmt":"2024-08-14T11:16:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004725386"},"modified":"2024-08-20T06:17:07","modified_gmt":"2024-08-20T14:17:07","slug":"dicks-sporting-goods-eyes-800-ksf-fort-worth-hub","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dicks-sporting-goods-eyes-800-ksf-fort-worth-hub\/","title":{"rendered":"DICK\u2019s Sporting Goods Eyes 800 KSF Fort Worth Hub"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/DICKS-Distribution_Center-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"900\" data-attachment-id=\"1004725391\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/dicks-sporting-goods-eyes-800-ksf-fort-worth-hub\/dicks-distribution_center-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/DICKS-Distribution_Center-1.jpg\" data-orig-size=\"1200,900\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"DICKS-Distribution_Center-Fort-Worth\" data-image-description=\"&lt;p&gt;Development at Risinger and Old Burleson roads, Fort Worth, Texas.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The development crew will break ground this fall. Image courtesy of DICK\u2019S Sporting Goods&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/DICKS-Distribution_Center-1.jpg?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/DICKS-Distribution_Center-1.jpg\" alt=\"Development at Risinger and Old Burleson roads, Fort Worth, Texas.\" class=\"wp-image-1004725391\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/DICKS-Distribution_Center-1.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/DICKS-Distribution_Center-1.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/DICKS-Distribution_Center-1.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/DICKS-Distribution_Center-1.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption class=\"wp-element-caption\">The development crew will break ground this fall. <em>Image courtesy of DICK\u2019s Sporting Goods<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Hillwood will develop and construct an 800,000-square-foot, build-to-suit regional distribution center in Fort Worth, Texas, for DICK&#8217;s Sporting Goods.<\/p>\n\n\n\n<p>JLL led the negotiations on behalf of the retailer, while an in-house team represented Hillwood. Stream Realty Partners provides the owner with representative services and oversees the development process.<\/p>\n\n\n\n<p>The project will take shape on an 89.5-acre site inside Hillwood\u2019s Risinger\/35 Logistics Park at the intersection of Risinger and Old Burleson roads. GSR designed the project while Westwood provides civil engineering services.<\/p>\n\n\n\n<p>Groundbreaking is scheduled for this fall and completion is anticipated in early 2026. The construction is expected to add some 800 temporary jobs and roughly 300 full-time positions over the next decade, once the facility is online.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-deliveries\/\">Top 5 Markets for Industrial Deliveries<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The facility will include a plethora of sustainable features and initiatives, such as recycled and environment-friendly construction materials, as well as recycling programs for plastics and corrugate. Additionally, high-efficiency lighting and HVAC, as well as energy management systems, are set to be included.<\/p>\n\n\n\n<p>Once finished, the facility will provide support for the sporting company\u2019s distribution efforts, serving more than 100 stores across multiple states. Dick\u2019s choice of location stems from Fort Worth\u2019s business-friendly environment, as well as a qualified workforce, in addition to proximity to the firm\u2019s other Texas facilities.<\/p>\n\n\n\n<p>JLL Executive Managing Director Kris Bjorson and Executive Vice President Jamie Galati, together with Senior Managing Director Blake Rogers, represented DICK\u2019s Sporting Goods.<\/p>\n\n\n\n<p>Hillwood Senior Vice President Reid Goetz alongside Directors Samuel Rhea and Jack Barkley formed the in-house team spearheading the negotiations on behalf of the developer. Stream Realty Partners Executive Managing Director Joe Iatauro and Vice President Patrick Daugherty provided the owner\u2019s representative services.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-a-glimpse-inside-hillwood-s-alliancetexas\">A glimpse inside Hillwood&#8217;s AllianceTexas<\/h2>\n\n\n\n<p>Hillwood also owns AllianceTexas, a 27,000-acre, master-planned development including industrial, logistics, office, retail, aviation and multifamily spaces, located in northern Fort Worth.<\/p>\n\n\n\n<p>Earlier this year, Hillwood debuted Alliance Westport 25, a 1.2 million-square-foot industrial property, part of AllianceTexas. Subsequent to the building\u2019s completion, the developer <a href=\"https:\/\/www.commercialsearch.com\/news\/hillwood-refinances-1-2-msf-fort-worth-asset\/\">received a seven-year refinancing note<\/a> from Thrivent Financial. Citizens Bank originated the previous debt in 2022, a $57.4 million construction loan.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-dallas-fort-worth-s-industrial-pipeline-holds-steady\">Dallas-Fort Worth&#8217;s industrial pipeline holds steady<\/h2>\n\n\n\n<p>The Metroplex had 15.7 million square feet of <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial-development-pipeline-slows-down\/\">industrial space under construction<\/a>\u2014representing 1.6 percent of stock\u2014as of June, a recent CommercialEdge report shows. Adding space in the planning and permitting stages, the figure rises to 6.1 percent of total existing stock.<\/p>\n\n\n\n<p>By absolute numbers, only Phoenix, at 39 million square feet as of June, had a larger pipeline than Dallas-Fort Worth. The Metroplex surpassed Kansas City, Mo. (13.2 million), Atlanta (10.9 million) and Chicago (10.3 million). &nbsp;<\/p>\n\n\n\n<p>Earlier this year, Crow Holdings Development contributed to Dallas-Fort Worth\u2019s industrial pipeline by <a href=\"https:\/\/www.commercialsearch.com\/news\/crow-holdings-breaks-ground-on-511-ksf-campus\/\">breaking ground on Core30 Logistics Center<\/a>, a 511,000-square-foot, two-building development in Dallas. Completion is estimated in 2025\u2019s first quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stream Realty Partners will oversee the development process.<\/p>\n","protected":false},"author":3471,"featured_media":1004725391,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21782,21748,21742,51973],"tags":[32897,32796,33358],"class_list":["post-1004725386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-development","category-industrial","category-latest","category-southwest","tag-hillwood","tag-jll","tag-stream-realty-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DICK\u2019s Sporting Goods Eyes 800 KSF Fort Worth Hub - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Hillwood will construct a build-to-suit, 800,000-square-foot distribution center for Dick&#039;s Sporting Goods in Fort Worth, Texas.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/dicks-sporting-goods-eyes-800-ksf-fort-worth-hub\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DICK\u2019s Sporting Goods Eyes 800 KSF Fort Worth Hub\" \/>\n<meta property=\"og:description\" content=\"Hillwood will construct a build-to-suit, 800,000-square-foot distribution center for Dick&#039;s Sporting Goods in Fort Worth, Texas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/dicks-sporting-goods-eyes-800-ksf-fort-worth-hub\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-14T11:16:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-20T14:17:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/DICKS-Distribution_Center-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Claudiu Tiganescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dicks-sporting-goods-eyes-800-ksf-fort-worth-hub\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/dicks-sporting-goods-eyes-800-ksf-fort-worth-hub\/\",\"name\":\"DICK\u2019s Sporting Goods Eyes 800 KSF Fort Worth Hub - 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