Hillwood Urban Announces 1.2M SF Spec Industrial Building at AllianceTexas in North Fort Worth

Hillwood Urban, a subsidiary of Hillwood Development Company, has announced the development of Alliance Westport 12, a 1,219,034-square-foot speculative industrial building located within the AllianceTexas master-planned community in North Fort Worth, Texas. Construction is scheduled to begin in February 2026, with project completion targeted for the first quarter of 2027. Specific financial terms, including loan amount and transaction price, were not disclosed.

Project Overview: Alliance Westport 12

The single-building development is located within the Alliance Logistics District at AllianceTexas. Bank of America is providing financing for the development, though specific loan terms and amounts were not disclosed.

Company Background

Hillwood Urban is headquartered at 3000 Turtle Creek Blvd in Dallas, Texas, and operates as part of the broader Hillwood family of companies. No sale price, cap rate, or detailed loan terms for Alliance Westport 12 were disclosed in connection with the announcement.