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

Construction on NorthPark35 Building 3 has commenced. The full building permit was issued in November. Mass grading activities were completed, and foundation activity began this month. Utilities are scheduled to begin in January 2022.