One of North Texas’ largest industrial building owners and developers is developing a new project in Carrollton.
San Francisco-based Prologis owns more than 200 Dallas-Fort Worth warehouses with 40 million square feet. And the largest industrial building owner plans to build six more warehouse buildings in Carrollton, according to planning documents filed with the state.
The Prologis Belt Line Corporate Center is planned on Belt Line Road, east of Interstate 35E.
The developer acquired the more than 45-acre building site last year from Halliburton Energy Services, according to county tax records.
Prologis intends to start the first building in the new business park before the end of the year.
750,000 square feet of construction is planned for the project and it is estimated at $50 million.
Meinhardt & Associates is the development architect.
Along with the new construction, Prologis is expanding its North Texas property footprint with a major merger pending. Prologis and Indianapolis-based Duke Realty agreed to the merger in June.
Duke has more than 17 million square feet of D-FW industrial space in 45 properties.
The D-FW area is the nation’s fastest growing industrial construction market with more than 70 million square feet of projects in the development pipeline.
