Molto Properties has damaged floor on Blue Springs Enterprise Park, a three-building speculative industrial advanced totaling 604,064 sq. ft in Georgetown, Texas. The developer expects to ship its first logistics mission in Central Texas within the second quarter of 2023.
Adjoining to the Citigroup Information Heart, simply off Interstate 35, the enterprise park will take form on 43 acres at 610 Blue Springs Blvd. Blue Springs Enterprise Park can accommodate tenants in search of 20,000 sq. ft to 604,064 sq. ft and can embrace:
- Constructing 1 totaling 124,914 sq. ft with a 32-foot clear peak
- The 310,366-square-foot Constructing 2 with a 36-foot clear peak
- Constructing 3 encompassing 168,784 sq. ft with a 32-foot clear peak
The 2 smaller constructions have a rear-load configuration, whereas the most important of the three has a cross-dock design. Geared up with an ESFR sprinkler system, Blue Springs Enterprise Park includes a complete of 170 dock excessive doorways, six grade stage ramps together with 90 trailer parking areas and 580 automotive parking areas.
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The event group consists of Seeberger Structure and Langan Engineers heading the design in addition to Burton Development serving as the final contractor. Molto Properties chosen Transwestern to market the Class A enterprise park. The leasing group consists of Vice President Carter Thurmond and Senior Affiliate Nash Frisbie.
The economic advanced will likely be inside 5 miles of Texas State Freeway 130, with a number of factors of ingress and egress alongside Blue Springs Boulevard and Southeast Inside Loop. Blue Springs Enterprise Park will likely be some 25 miles north of downtown Austin, and 31 miles away from Austin-Bergstrom Worldwide Airport.
The economic pipeline of Georgetown
Inside a 5-mile radius of Blue Springs Enterprise Park, there are two different industrial initiatives underway, based on CommercialEdge. The 449,600-square-foot Portman Longhorn Junction developed by Portman Holdings and Westinghouse35, totaling 230,000 sq. ft and owned by Stonemont Monetary Group. Each properties are anticipated to return on-line in 2023.
As of August, 16 industrial initiatives totaling 3.6 million sq. ft had been below development throughout the Austin suburb. The pipeline additionally included 18 developments encompassing 6.8 million sq. ft within the planning and allowing phases.
In Might, Stonelake Capital Companions started development on Georgetown Logistics Park. The three-building industrial advanced totaling 620,000 sq. ft will take form at 1800 Aviation Drive, with completion scheduled for early 2023. In the meantime, Titan Growth continues so as to add to NorthPark35 Industrial Park. At full buildout, the campus will provide greater than 1.7 million sq. ft of Class A industrial area.
