New business park will be one of the largest in Denton
Pennsylvania-based Exter Property has already built one warehouse near I-35.
Exeter Property Group has already built and leased one warehouse in Denton.(Exeter Property Group )
Denton’s growth as a North Texas shipping and warehousing hub is gaining speed.
Several developers have recently announced plans for new industrial projects in the Interstate 35 corridor north of Dallas.
Now a Pennsylvania-based builder has filed plans for the largest Denton business park yet. Exeter Property Group plans to build the almost 1.5 million-square-foot warehouse project in the Exeter Westpark business park west of I-35.
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Garland has approved a deal with
Future Foam, Inc. to renovate and begin operations at 3000 W. Kingsley. Future Foam will spend $3 million renovating the 341,840 square feet facility and reactivate rail service to the facility with this project.
The building has remained vacant since 2015 when APEX Tool Group consolidated its operations from their Garland site into their South Carolina facility, resulting in the loss of 261 jobs.
Nearly $3 million will be invested in renovating the existing facility on the 19.69-acre site. An additional $6 million will be added to the City’s tax rolls from the transfer of operations and from additional machinery and equipment added through the expansion. Initial operations will create 104 full-time positions with plans for further expansion
In the plans: 775-acre mixed-use project, 4.5M-SF of warehouse space proposed in April bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
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