Developer Hines plans new Lewisville business park

Developer Hines plans new Lewisville business park

Houston-based developer Hines is ramping up its industrial building operations with a project planned in Lewisville.

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Hines – which has been best known in North Texas for its high-profile office and apartment developments – in the last two years has worked to expand its industrial footprint in the area.

The commercial real estate firm has just filed plans for a four-building industrial park at 810 Round Grove Road near State Highway 121.

The Bison Grove Business Park project would contain almost 900,000 square feet of space and is valued at more than $32.5 million, according to filings with the state.

Construction is set to start early next year. Architecture firm Ware Malcomb designed the project.

The Denton County industrial complex is just the latest warehouse and distribution deal by Hines in the D-FW area.

Hines just leased a more than 1 million-square-foot building located south in southern Dallas to digital retail giant Amazon.

The Southlink Logistics Center is on Cleveland Road south of Interstate 20.

Hines built the project off Bonnie View Road as part of a planned larger industrial park.

In 2018, Hines has purchased an industrial park near DFW International Airport. The DFW East Logistics Center is a three-building property near State Highway 161.

More than 23 million square feet of industrial building space is currently under construction in North Texas, one of the largest such totals in the country.

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