Perot Development Company received approval from the DFW International Airport board of directors for ground leases on 196 acres at the east end of the airport. The site fronts the President George Bush Turnpike (SH 161), adjoins the Dallas Area Rapid Transit (DART) Orange Line and is directly across the freeway from the DART Belt Line Station. The Irving property will be the site of Perot Development’s DFW Park 161 master-planned project, encompassing four global e-commerce hubs known as Logistic Centers 8, 9, 10 and 11, totaling over 2.4 million square feet.
Perot recently completed construction of Logistics Centers 6 and 7 at the north end of DFW International Airport. Including the four new buildings announced today, the company will have developed an impressive total of nearly 5 million square feet in global e-commerce hubs at the airport over a five-year period.
A groundbreaking on the new buildings is anticipated by March 2019. The four buildings, expected to be available for lease by 2020, will provide all of the key elements tenants require for efficient office, showroom and distribution facilities. Each facility offers a location convenient not only to the airport and the President George Bush Turnpike (SH 161), but also to other key transportation thoroughfares such as I-635, I-35, SH 114 and SH 121.
Logistics Center 8 will be a 1,422,720-square-foot facility on 102.07 acres, with a minimum 40’ clear height, 322 dock doors, 202 trailer storage positions and 803 parking spaces.
Logistics Center 9 will be a 648,960-square-foot facility located on 50.31 acres, with a minimum 36’ clear height, 160 dock doors, 83 trailer storage positions and 449 parking spaces.
Logistics Center 10 will be a 156,000-square-foot facility located on 15.96 acres, with a minimum 30’ clear height, 45 dock doors, 50 trailer storage positions and 187 parking spaces.
Logistics Center 11 will be a 182,000-square-foot facility on 28.02 acres, with a minimum 30’ clear height, 45 dock doors, 48 trailer storage positions and 272 parking spaces.
All four buildings will incorporate the latest design and technology to maximize the project size and functionality, and will offer key features and benefits such as:
- Strategic, central DFW Metroplex location for easy access to showrooms, efficient customer pick-up and deliveries, and convenient access to labor
- Frontage to President George Bush Turnpike (SH 161)
- Accessible via two freeway exits – Gateway Drive and Belt Line Road off the Bush Turnpike/SH 161
SOURCE: Perot Development Company