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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking 49 warehouse and distribution projects worth $3.17 billion in Texas, including several very large ones.
FedEx Corporation (NYSE:FDX) (Memphis, Tennessee) places its warehouses strategically so it can make good on its promise to deliver a package in three days or less. In 2015, the company invested more than $1.2 billion in expansion projects. FedEx Ground is constructing a distribution center in Houston that has a total investment value (TIV) of $118 million. Located in a 484-acre site and covering more than 800,000 square feet, the facility is scheduled for completion in August 2017. The Whiting-Turner Contracting Company (New Haven, Connecticut) is the general contractor for the project.
Port Logistics Realty (Dallas) is building a three-phase logistics park in Wilmer with a combined value of $500 million. Cadence McShane Construction Company LLC (Addison, Texas) is building Warehouse 1 and Building 2, each encompassing more than 1 million square feet. Wilmer is located south of Dallas. Warehouse construction in the Dallas area is at a decade high, with over 16 million square feet of new space.
Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), is building a $191 million fulfillment center in San Marcos. Located on a 101-acre site, the 855,000 square-foot facility is scheduled for completion in early 2017. In the Dallas area, Amazon has two new warehouses. The online economy has driven most of the warehouse construction, as more people buy online for less expensive products and take advantage of mainly free shipping.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
FedEx Corporation (NYSE:FDX) (Memphis, Tennessee) places its warehouses strategically so it can make good on its promise to deliver a package in three days or less. In 2015, the company invested more than $1.2 billion in expansion projects. FedEx Ground is constructing a distribution center in Houston that has a total investment value (TIV) of $118 million. Located in a 484-acre site and covering more than 800,000 square feet, the facility is scheduled for completion in August 2017. The Whiting-Turner Contracting Company (New Haven, Connecticut) is the general contractor for the project.
Port Logistics Realty (Dallas) is building a three-phase logistics park in Wilmer with a combined value of $500 million. Cadence McShane Construction Company LLC (Addison, Texas) is building Warehouse 1 and Building 2, each encompassing more than 1 million square feet. Wilmer is located south of Dallas. Warehouse construction in the Dallas area is at a decade high, with over 16 million square feet of new space.
Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), is building a $191 million fulfillment center in San Marcos. Located on a 101-acre site, the 855,000 square-foot facility is scheduled for completion in early 2017. In the Dallas area, Amazon has two new warehouses. The online economy has driven most of the warehouse construction, as more people buy online for less expensive products and take advantage of mainly free shipping.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
