News Article | 7/5/2012

Hillwood announces 2 Alliance Town Center office buildings

Hillwood Properties announced Thursday that it plans to build two spec Class A multistory office buildings at Alliance Town Center in north Fort Worth.

The Dallas-based company said the announcement comes on the heels of last week’s decision by Dick’s Sporting Goods to place a 50,000-square-foot store at the 900-acre Alliance Town Center development.

The area is a part of the 17,000-acre AllianceTexas development.

“As professional jobs continue moving to north Fort Worth, the demand for Class A office space continues to increase,” Bill Burton, senior vice president of Hillwood Properties, said in a release.

The company said the first building will be north of Heritage Trace Parkway and is intended for large and small corporate clients. The second building will be integrated into the lifestyle part of Alliance Town Center and will be designed for boutique office needs, Hillwood said.

Building designs are being developed, Hillwood said, and construction on the first building should begin by the end of 2012.