As RealPoints contributing editor Allen Gump wrote earlier this month, two build-to-suits for Amazon are among the big industrial projects planned for North Texas this year. Amazon has just released a statement making the projects official.
The company has inked 15-year leases for a 1.1 million-square-foot facility in Coppell, and a second 1.1 million-square-foot building in Haslet. It hopes to take occupancy in August 2013.
Hillwood has been selected to develop both buildings. Combined, they represent the largest industrial deal inked in the area in 2012.
USAA Real Estate Co. will build a third Texas center in suburban San Antonio. Statewide, Amazon is expected to create more than 1,000 new jobs.
“The jobs and potential tax base that this development will bring to our community is a major milestone in our city’s growth,” said Bob Golden, mayor of Haslet, in a statement.
The Haslet facility will handle small items like books, small electronics, and DVDs. The Coppell and San Antonio sites will process larger items, from televisions to barbecue grills.
U.S. military veterans will be among those hired. Amazon recently committed to hiring more than 1,000 veterans in the United States this year. There are about 1.6 million veterans in Texas, according to the Department of Veteran Affairs.
2 comments
[...] immediate impact is Amazon’s growing foot print in new, bulk distribution facilities. Amazon recently signed two 1 million square foot built-to-suit deals in Dallas-Fort Worth—one in the Alliance area and one north of the airport in Coppell. Amazon is also actively [...]
[...] we’re certainly seeing an upswing in industrial activity at AllianceTexas, highlighted by the recent Amazon announcement and our record year of leasing activity. As market occupancy continues to rise, I and others agree [...]