Development
BY JARRETT WHITENER
1 Park35 Project: The Park 35 project, spearheaded by Investment and Development Ventures, LLC, will bring a six-building industrial park featuring 1.4 million square feet of warehouse space in the northern part of Schertz. Update: The project has been under construction since April, with the expectation of completing the rst four buildings by the end of 2024. The four buildings will total around 774,000 square feet. Two of the four buildings are on schedule to be nished by September and October, while the remaining two are scheduled to be completed by the end of December. The second phase of the project will include the construction of two additional buildings. • Location: 23000 North I-35, Schertz • Timeline: April 2024-end of 2024 (Phase I) • Size: 1.4 million square feet 2 Core 5 Logistics Center Project: Located at I-35 and Loop 1604, the project will feature four buildings constructed over two phases. Phase I of the project broke ground in 2022, with buildings designed to oer functionality to distribution tenants. Update: Construction on buildings A and B is expected to be completed by the end of 2024, totaling approximately one million square feet. This would complete the rst phase of the project. The second phase will consist of two buildings totaling 788,940
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CORPORATE DR.
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3 Corporate Drive Industrial Complex Project: The project, located across from Selma City Hall, features two tilt-wall warehouse buildings. Ackerman & Co. broke ground on the project in 2023. Update: Partners Real Estate Group in June arranged a lease with KW Automotive Inc. for around 75,000 square feet of space. Both buildings include large glass openings. • Location: 9388 Corporate Drive, Selma
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square feet. A delivery date for Phase II has not been established. • Location: I-10 and Loop 1604, Schertz • Timeline: December 2022-December 2024 (Phase I) • Size: 1.8 million square feet
• Timeline: 2022- late 2024 • Size: 511,000 square feet
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