Far north Fort Worth has the largest industrial real estate construction pipeline in the country, according to data from CoStar Group.
This area, home to Hillwood’s 27,000-acre AllianceTexas, has 7.7 million square feet in the pipeline, with 20 ongoing projects.
That leads the country, followed by the suburbs north of Austin where Samsung has a huge new semiconductor fab in Taylor and a major data center campus is underway in Hutto.
Cody Gibbs, CoStar’s director of market analytics in Dallas-Fort Worth, said DFW overall leads the country in industrial tenant demand with 22.3 million square feet of absorption in the past 12 months and that Alliance is the largest submarket in the region.
“I think the development is going to be pretty steady, so long as the land and appetite is still out there,” he said.
The construction pipeline consists mostly of pre-leased and built-to-suit projects, according to CoStar, the largest being a 1.25 million-square-foot site in the Intermodal Logistics Center by NorthPoint Development. The company is building two buildings amounting to 1.95 million square feet.
Gibbs said there’s no denying Hillwood has a large influence on the area. Two of the three other top projects in the pipeline belong to Hillwood — the 1.15 million-square-foot Westport 24 and the 767,000-square-foot Alliance Westport 14, which Wistron Corp. purchased this summer. More is on the way: Hillwood plans to break ground on 1.1 million square feet between two projects in 2026.
Mike Berry, president of Hillwood and the man in charge of Alliance, said he is seeing more activity following Wistron’s announcement of locating its supercomputer production facility in coordination with Nvidia in north Fort Worth.
“I think we’re going to see more advanced manufacturing activity happen that we really haven’t seen before,” he said, noting a focus on technology, semiconductors and server/supercomputer manufacturing.
But Berry also said an unexpected sector growing in the area is film. Hillwood partnered with Taylor Sheridan to convert 450,000 square feet in Alliance to soundstages, which Paramount is using to film shows such as Sheridan’s “Landman.”
North Fort Worth also stands out as a major inland port, attracting many companies that move and distribute goods. AllianceTexas is home to the Perot Field Fort Worth Alliance Airport and the BNSF Railway intermodal facility. AllianceTexas accounted for $834.6 million in trade in Texas in 2024, according to an Oct. 13 economic report from the Texas comptroller. AllianceTexas’ top exports in 2024 were machinery and mechanical appliances, electric machinery and equipment and aircraft and spacecraft equipment.
Alliance generated $10.21 billion last year in economic impact and $130 billion since 1990, according to a report from Hillwood.
