Location

Georgetown, TX

Size

172,428 SF

Fund Equity

$2.4 M

Total Project Cost

$12.6 M

Date Approved

5/27/2021

Start Date

8/31/2021

NorthPark35 - Building 3

Summary

NorthPark35 - Building 3 is a 172,428 SF spec industrial project located in Georgetown, TX. Potential uses for this building include e-commerce, light manufacturing, and distribution.

The project is part of NorthPark35, a brand new, Class A industrial park located at the important intersection of I-35 and SH-130. Once completed, its location at this key thoroughfare will give it excellent access to Austin, Dallas, Houston, and San Antonio (commonly referred to as the I-35 corridor). This area is one of the fastest-growing sections of the country for e-commerce, light manufacturing, and distribution centers. Some of the nearby companies that have made this corridor home include Tesla, Amazon, Samsung, and Applied Materials.

Georgetown itself is one of the fast-growing communities in the Austin MSA with 56% growth between 2010-2018 (U.S. Census Bureau). Georgetown's local Government has embraced industrial development, working closely with Titan to fast-track key economic development measures that will facilitate Northpark35’s success. In addition, the site sits close to existing industrial staples including Vanguard Truck Rentals, Holt/CAT, and Georgetown Municipal Airport.

Latest News

Project is in pre-development phase. Plat has been submitted, with approval expected in early August. Steel has been released for procurement in May. Grading work is anticipated to begin in September. Full building permit approval is expected between October and November.