Mesquite has approved the construction of nearly 235 acres of retail, industrial, business, and logistics space.
The 235-acre development will be divided into 180,000 square feet of retail and business space and 3.2 million square feet of industrial, business, and logistics space. The development is expected to break ground in early 2024, according to city officials.
“Our team is extremely excited about the opportunity to work in the City of Mesquite. We see such potential for this area as one of the premier industrial/business parks in Mesquite along Interstate 20 in Dallas County,” said Sergio Izquierdo of 42 Real Estate.
As reported by The Dallas Express, North Texas is the nation’s fastest-growing industrial building market, with about 59 million square feet of warehouse and distribution space under development.
The City of Mesquite has said the development would feature a modern design with high-quality building material. Development of the property includes plans for 3,900 surrounding homes, the redevelopment of a major roadway, and new sewer and water connections.
According to Mesquite officials, the development’s location features highway visibility and easy interstate access. It will connect Mesquite to major business hubs: Shreveport, Louisiana; Jackson, Mississippi; Atlanta, Georgia; and Columbia, South Carolina.
Mesquite’s City Manager Cliff Keheley says the city is excited to welcome this promising development headed by a developer who “has a commitment to high-quality construction.”
“This project is full of potential that will benefit the entire community,” he said.