A Missouri developer is planning a new warehouse project in Arlington.
NorthPoint Development already has almost a dozen industrial properties under its belt in North Texas.
The Kansas City-based commercial property firm recently filed plans for a 707,592-square-foot speculative warehouse in North Fort Worth near Alliance Airport.
NorthPoint Development also just sold a 2.3 million-square-foot warehouse in southern Dallas County for $247 million to an international investment partnership. The shipping hub near Interstate 20 is leased to Home Depot.
Now NorthPoint Development has filed plans with the state to build a 253,000-square-foot warehouse at 7101 S. Cooper St. in Arlington.
The South Arlington 1 building is set to start this fall and will open in mid-2021. The project is valued at more than $8 million and was designed by architect StudioNorth of Missouri.
The building is the first of four that NorthPoint plans on the site with about 1 million square feet.
NorthPoint has a track record in Arlington.
In 2017, the developer and General Motors announced plans to build a 1.2-million-square-foot, two-building supplier park to support the GM assembly plant in Arlington.
North Texas is one of the country’s fastest-growing industrial building markets, with more than 23 million square feet of space under construction.
Since the start of 2020, developers have announced plans for or have started almost a dozen warehouse buildings in the Dallas-Fort Worth area.