February 18, 2026 - Dallas Business Journal

Hillwood plans another massive industrial building in Alliance

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Hillwood is planning another million-square-foot industrial space in northern Fort Worth.

Hillwood, the developer of the 27,000-acre AllianceTexas project, plans to break ground in February on Alliance Westport 12, a roughly 1.2 million-square-foot building. The company plans to finish the development in early 2027.

Westport 12 will be located at the northwest corner of Mobility Way and Distribution Drive and will feature 278 trailer parking spaces that could expand to 569 total. Bank of America is financing the project. GSR Andrade Architects designed Westport 12. Westwood Professional Services is providing civil engineering and Hillwood Construction Services is the general contractor. While the company didn’t list the cost of construction, a state filing pegs the estimated cost at $47.6 million.

Samuel Rhea, vice president of industrial leasing for Hillwood, said in a statement that the company is seeing demand that “has reaffirmed the need for million-square-foot-plus facilities.”

The new industrial space will be in Hillwood’s mobility logistics hub anchored by BNSF’s Alliance Intermodal Facility, where city lawmakers approved in November 2025 the creation of a new zone intended to make the movement of goods easier. Within the so-called “smart port,” the city waived certain requirements and fees for overweight vehicles. Fort Worth City Council also adopted a resolution supporting the use of hostler trucks and autonomous vehicle technology.

Hillwood expects to begin construction of a private bridge connecting Alliance Westport to BNSF’s facility this month, with completion expected by 2027. That bridge and other transportation links can cut drayage costs for companies by up to 60%, Rhea claimed, “creating a meaningful competitive advantage.”

Overall, Hillwood has 3.4 million square feet of speculative industrial buildings under construction at AllianceTexas. Hillwood partnered with Taylor Sheridan’s SGS Studios to launch the largest operating film and television production campus in the state at Alliance Center East 2 and 3, which was completed last year.

State filings indicate Hillwood is also planning a $140 million expansion and improvement of an industrial space at Alliance Center North, with construction estimated to start in March. A filing with the Texas Department of Licensing and Regulation states the proposed project would entail about 371,160 square feet of tenant improvements to the west side of the building at 15301 N. Beach St. and 55,000 square feet of improvements including two floors of offices and break rooms. Hillwood did not comment on the plans. Information in TDLR filings is often preliminary and subject to change.

Hillwood’s Westport 14 was purchased by Taiwanese company Wistron Corp., where the company is investing more than $750 million as it partners with Nvidia to build supercomputers.

Currently, the northern Fort Worth/Alliance submarket has 8.6 million square feet of industrial space under construction, including projects not by Hillwood, according to CoStar data. That’s the most nationwide, although it’s still down from a peak of 14 million square feet hit in 2022. A large portion of the space is being developed near the BNSF facility at Alliance, with the largest single building being a 1.25-million-square-foot facility for Lennox.

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