Location

Georgetown, TX

Size

297,057 SF

Fund Equity

$5.5 M

Total Project Cost

$31.9 M

Date Approved

10/21/2021

Start Date

NorthPark35 V

Summary

NorthPark35 V is a 297,057 SF industrial project. 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

NTP has been issued and construction is underway. Site development permit has been submitted, and approval is expected this month. Building permit has been approved and is contingent upon site development permit approval. Storm water permit has been issued for early grading activities. Ground-breaking ceremony is scheduled for April.