- January 29, 2015
- perotdev1
- 0
DFW AIRPORT, Texas – January 29, 2015 – Officials from DFW International Airport, the city of Coppell, Texas, and joint venture developers Hillwood Investment Properties and Perot Development Company today cut the ribbon for Logistics Center I, the largest non-terminal ever built at the airport. The 1,053,365-square-foot, cross-dock facility, located at 2701 W. Bethel Rd. in Coppell, provides all of the elements desired for efficient global e-commerce distribution.
Logistics Center I is situated on 60 acres conveniently located not only near the airport, but also key transportation thoroughfares such as I-635, I-35E, I-35W, SH 114, SH 121 and the President George Bush Turnpike. It incorporates the latest design and technology to maximize the project size and functionality, with a minimum 36’ clear height, over 200 dock doors, 550 car parking positions and 500 trailer storage positions. It also offers features such as:
- 50’ by 56’ bays
- 60’ shipping bays
- ESFR fire protection system
- Fully secured site availability
- Triple freeport inventory tax exemption
- Foreign Trade Zone benefits
- Proximity to FedEx and UPS regional hubs
- Adjacent to USPS bulk mail center
- Proximity to air cargo areas and major freight forwarders at airport
The state-of-the-art facility is being built on a speculative basis and has generated strong interest in the marketplace. The developers also expect to break ground later this year on Logistics Center II, an adjacent facility that is planned for 1,015,560 square feet of cross-dock distribution space, on another 60 acres.
“The development of this facility at DFW Airport underscores the advantages our central location offers as a major hub of global logistics. Over the last four years, DFW has had tremendous growth in international air service, which is also very important for air cargo connections and for logistics companies serving the industry,” said Sean Donohue, CEO of DFW International Airport. “To serve these growing international routes with air cargo, we need facilities like this new logistics center to connect goods through DFW to the world.”
DFW International Airport is a strategic multi-modal hub for numerous global logistics companies and distribution/warehouse facilities, in part because of its strategic, central location and its global air cargo connections to key markets across Asia, Europe and the Americas. Logistics Center I and II are located in the airport’s Coppell Industrial District, which comprises approximately 160 gross acres just north of I-635, at the corner of Royal Ln. and W. Bethel Rd. The site has easy access and visibility from the freeways, with utility extensions to serve the site provided by the cities of Coppell and Grapevine.
“We are pleased to have Logistics Center I open its doors and look forward to welcoming a tenant soon to this impressive facility,” said Coppell Mayor Karen Hunt. “Projects such as this align strongly with Coppell’s vision of high-quality economic development that capitalizes on our proximity to DFW International Airport. Coppell is a business-friendly community that supports private sector investment by partnering with DFW Airport and Grapevine, ensuring that the North Texas region remains strong and a leader in global business.”
Dallas-based Hillwood Investment Properties and Perot Development Company developed the project as a joint venture. Halff Associates served as the project architect and civil engineer, and Hillwood Construction Services was the general contractor.