Work could begin sometime this fall on an El Paso project seeing the building of a four-phase industrial park on the east side of the city.
The project, officially called Sky Park El Paso, will go up in a development district owned by El Paso International Airport, and will be built out over a space of 200 acres.
The park project is being undertaken by the Dallas-based Green Point Property Company, not far from the big 2-million-square foot Marshalls clothing distribution center, which was opened earlier this year.
Sky Park El Paso is more specifically going up in what is called the 601 Corridor Business District and will see the construction of half a dozen buildings with a cumulative industrial space of just over 2 million square feet.
The district itself has been identified as having an abundance of space for office, manufacturing, and warehouse use.
First phase work on the park will focus on two buildings, measuring around 636,000 square feet.
The Green Point Property Company is a private real estate investment firm. Among the company’s most-known projects: the GTX Logistics Park, a 3 million-square-foot industrial hub in Georgetown, Texas, around 25 miles to the north of Austin.
The opening earlier this year of the Marshalls distribution center at 3900 Global Reach Drive is regarded as something of a game-changer for East El Paso, signaling the possibilities of future big business park development in the area.
By Garry Boulard