News Article | 3/31/2009

Q-Edge Leases North of 365,000 SF

FORT WORTH, TX-Q-Edge has selected Hillwood’s Alliance Global Logistics Hub as the site for its newest strategic assembly and distribution center. The company will lease 365,440 square feet in the 423,992-square-foot Alliance Gateway 2 building.

Fort Worth City Council is meeting this morning to hear details about a proposed incentive package connected with Q-Edge’s expansion in the building at 5650 Alliance Gateway Freeway.

An update will follow, but according to a press release from the Forth Worth Chamber of Commerce and Hillwood, Q-Edge’s assembly and distribution center will create 500 jobs for the region, while providing a $700 million economic impact. The release quoted Q-Edge spokesperson Wen Ren as saying that Fort Worth’s business climate and location were the primary factors for the decision to relocate here.

The Fort Worth Chamber of Commerce‚Äôs Economic Development Division, the city of Fort Worth, the Texas Governor Rick Perry’s offic and Alliance Global developer Hillwood worked with Q-Edge before the investment. Furthermore, Tarrant County College and Workforce Solutions, in cooperation with the state of Texas, are working to secure federal funding to provide skills development training for Q-Edge. Workforce Solutions will soon host a job fair to help recruit highly skilled computer assembly and distribution professionals for Q-Edge.