Development
BY HEATHER ALDRIDGE AND CODY THORN
4 Southlake warehouses under construction A Dallas company is constructing four ware- houses called Mustang Crossing Business Park near the Southlake-Grapevine border in Southlake. Zooming in Southlake Mustang Owner LP is constructing four buildings at 2000, 2100, 2110 and 2120 Mus- tang Court, across the road from Grapevine-Col- leyville ISD’s Mustang Panther Stadium. The location was formerly owned by Magellan Pipeline GP, which has been a petroleum opera- tion since 1990, according to city documents. Storage tanks were removed for the construc- tion of the buildings, which will range from 102,644 square feet to 188,115 square feet for a total of 546,330 square feet, per city documents. Also of note According to Constellation Real Estate Partners,
Southlake business park now leasing Mustang Court Business Park is leasing recently completed industrial space in Southlake. The three buildings on 26.3 acres are owned by Brookfield Properties and leased by Holt Lunsford Commercial. According to a filing with the Texas Department of Licensing and Regulation, the development was $3.9 million in 2022.
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the buildings will achieve LEED certification for “green ready” for including conduits for electric vehicle charging stations. LEED—or Leadership in Energy and Environmental Design—certified buildings are resource efficient, use less water and energy and reduce greenhouse gas emissions, according to the U.S. Green Building Council, the organization that issues the certifications. The city approved the final plan in January and construction on the project began in early 2024.
• Building 1— 172,380 square feet • Building 2— 76,621 square feet • Building 3— 86,400 square feet
There are more than 80 combined dock doors and each building has office space, according to Holt Lunsford’s website. The warehouses are located at 1825, 1850 and 1855 Mustang Court.
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