Hillwood will develop and construct an 800,000-square-foot, build-to-suit regional distribution center in Fort Worth, Texas, for DICK’s Sporting Goods.
JLL led the negotiations on behalf of the retailer, while an in-house team represented Hillwood. Stream Realty Partners provides the owner with representative services and oversees the development process.
The project will take shape on an 89.5-acre site inside Hillwood’s Risinger/35 Logistics Park at the intersection of Risinger and Old Burleson roads. GSR designed the project while Westwood provides civil engineering services.
Groundbreaking is scheduled for this fall and completion is anticipated in early 2026. The construction is expected to add some 800 temporary jobs and roughly 300 full-time positions over the next decade, once the facility is online.
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The facility will include a plethora of sustainable features and initiatives, such as recycled and environment-friendly construction materials, as well as recycling programs for plastics and corrugate. Additionally, high-efficiency lighting and HVAC, as well as energy management systems, are slated for execution.
Once finished, the facility will provide support for the sporting company’s distribution efforts, serving more than 100 stores across multiple states. Dick’s choice of location stems from Fort Worth’s business-friendly environment, as well as a qualified workforce, in addition to proximity to the firm’s other Texas facilities.
JLL Executive Managing Director Kris Bjorson and Executive Vice President Jamie Galati, together with Senior Managing Director Blake Rogers, represented DICK’s Sporting Goods.
Hillwood Senior Vice President Reid Goetz alongside Directors Samuel Rhea and Jack Barkley formed the in-house team spearheading the negotiations on behalf of the developer. Stream Realty Partners Executive Managing Director Joe Iatauro and Vice President Patrick Daugherty provided the owner’s representative services.
A glimpse inside Hillwood’s AllianceTexas
Hillwood also owns AllianceTexas, a 27,000-acre, master-planned development including industrial, logistics, office, retail, aviation and multifamily spaces, located in northern Fort Worth.
Earlier this year, Hillwood debuted Alliance Westport 25, a 1.2 million-square-foot industrial property, part of AllianceTexas. Subsequent to the building’s completion, the developer received a seven-year refinancing note from Thrivent Financial. Citizens Bank originated the previous debt in 2022, a $57.4 million construction loan.
Dallas-Fort Worth’s industrial pipeline holds steady
The Metroplex had 15.7 million square feet of industrial space under construction—representing 1.6 percent of stock—as of June, a recent CommercialEdge report shows. Adding space in the planning and permitting stages, the figure rises to 6.1 percent of total existing stock.
By absolute numbers, only Phoenix, at 39 million square feet as of June, had a larger pipeline than Dallas-Fort Worth. The Metroplex surpassed Kansas City, Mo. (13.2 million), Atlanta (10.9 million) and Chicago (10.3 million).
Earlier this year, Crow Holdings Development contributed to Dallas-Fort Worth’s industrial pipeline by breaking ground on Core30 Logistics Center, a 511,000-square-foot, two-building development in Dallas. Completion is estimated in 2025’s first quarter.