SMYRNA, TN — The Rutherford County Industrial Development Board put its stamp of approval on a massive development project at the Smyrna Airport Monday.
Site prep work is already underway at the airport on the $45 million project which will contain two Class A office buildings combining for 924,325 square feet of office and warehouse space. It is being developed by Dallas-based Hillwood, the real estate empire led by Ross Perot Jr..
Even though the formal IDB approval — necessary because the land in question is co-owned by the county; Hillwood did not ask for and is not receiving any tax abatements — came just this week, work is already far enough along that Hillwood predicts a spring 2017 completion date.
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