Big cold storage project starts next week south of Fort Worth
Construction of a more than $ 40 million refrigeration distribution center in Burleson, south of Fort Worth, is slated to begin next week.
The 400,000 square meter cold store is a project by Yukon Venture Partners of Austin and Saxum Real Estate of New Jersey.
The Premier Refrigerated Warehouse in Fort Worth is already committed to taking on nearly half of the new development.
The new building is located in the Highpoint Business Park near Interstate 35W.
Arco Design / Build is the contractor.
Construction will begin on October 1st with completion for next year.
“We started construction at the end of August and will finish construction in October next year,” Yukon Venture’s Marty Khait said in an email.
Yukon Venture’s major project in southern Tarrant County is one of several major cold storage buildings en route to North Texas.
Cold store distribution was one of the fastest growing sectors of the U.S. industrial market during the COVID-19 pandemic.
The increased demands on grocers and consumer goods companies caused by the pandemic have created a need for millions of square feet of refrigeration across the country.
Cold Summit Development, based in Idaho, is currently working on a large cold storage facility in southern Dallas County.
California-based CIM Group acquired a 1,000,000-square-foot distribution complex in South Fort Worth earlier this year that includes both cold and dry storage.
North Texas is one of the most important industrial markets in the country with more than 30 million square feet of buildings under construction.