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Commercial Real Estate

Huge Amazon Projects Getting Under Way in Coppell, Haslet

The retailing giant has inked 15-year leases for the North Texas facilities, both of which will be developed by Hillwood. Combined, they represent the largest industrial transaction signed in the area in 2012.
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As RealPoints contributing editor Allen Gump wrote earlier this month, two build-to-suits for Amazon are among the big industrial projects planned for North Texas this year. Amazon has just released a statement making the projects official.

The company has inked 15-year leases for a 1.1 million-square-foot facility in Coppell, and a second 1.1 million-square-foot building in Haslet. It hopes to take occupancy in August 2013.

Hillwood has been selected to develop both buildings. Combined, they represent the largest industrial deal inked in the area in 2012.

USAA Real Estate Co. will build a third Texas center in suburban San Antonio. Statewide, Amazon is expected to create more than 1,000 new jobs.

“The jobs and potential tax base that this development will bring to our community is a major milestone in our city’s growth,” said Bob Golden, mayor of Haslet, in a statement.

The Haslet facility will handle small items like books, small electronics, and DVDs. The Coppell and San Antonio sites will process larger items, from televisions to barbecue grills.

U.S. military veterans will be among those hired. Amazon recently committed to hiring more than 1,000 veterans in the United States this year. There are about 1.6 million veterans in Texas, according to the Department of Veteran Affairs.

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