Developers broke ground on a new business park in west Fort Worth recently.
Named for the California-based company spearheading the project, the Majestic Silver Creek Business Park will span 520 acres on the west side of Loop 820 at Silver Creek Road.
“If anyone is bullish on Fort Worth, it’s Majestic,” said Majestic Realty Senior Vice President Kyle Valley. “At a time when some are choosing to pump the brakes just a bit, we’re going full throttle.”
Construction is already underway on a 1.1-million-square-foot warehouse, just the first speculative building inside the 2.3 million square feet of industrial space that Majestic Realty will develop within the next year and a half.
“Our long-term vision and steadfast commitment to west Fort Worth is coming to fruition as we help pioneer this new submarket,” stated Valley. “This is a major investment and a significant opportunity that could not be realized without the strong partnership we have with our colleagues at the city of Fort Worth and across Tarrant County.”
The business park design highlights historical elements of the Silver Creek area, including an original water tank prominently situated at the park’s front entrance.
Majestic Silver Creek Business Park is not the first Majestic Realty property in the area. In 2017, the company developed the 320-acre Majestic Fort Worth South Business Park on the southwest corner of Interstate 30 and Everman Parkway. That development will also see an expansion in the coming days.
The Dallas-Fort Worth Metroplex has become one of the more attractive business destinations in the country over the past several years. It ranks at the top of the industrial building market nationwide.
For its part, Majestic Realty boasts itself as “the largest, privately-held developer and owner of master-planned business parks in the United States.”