Georgetown Edition | November 2022

DEVELOPMENT UPDATES

COMPILED BY HUNTER TERRELL

COURTESY CIVIC CENTER DR N&G LLC

BRIDGE BUSINESS PARK The W.D. Kelley Foundation has received initial approval from the city to construct a new business park on 92.2 acres located at 5501 S. I-35, Georgetown. According to site plans, the “corporate campus-style” development, which aims to bring employers to the city, will have about 1.1 million square feet of oce and ex space across seven buildings as well as a shared outdoor amenity space and 1,500 parking spaces. Space: 1.1 million square feet Timeline: January 2023-winter 2023 RENDERING COURTESY W.D. KELLEY FOUNDATION

COSTCO During its fth consideration, site places for Costco Wholesale’s Georgetown location were approved at the Sept. 6 Georgetown Planning and Zoning Commission meeting. The 160,437-square-foot warehouse and store will be at 2201 N. I-35, near the intersection of Airport Road and Lakeway Drive. Construction of the retailer is expected to start by the end of the year, according to the city. Space: 160,437 square feet Timeline: late 2022-TBD RENDERING COURTESY COSTCO WHOLESALE

WELLHOUSE BUSINESS PARK Developers are set to begin construction on Phase 2 of the Wellhouse Business Park, which includes adding four new shell industrial buildings. Each new building will be approximately 10,500 square feet and will coincide with the six existing buildings at 2500 NE Inner Loop, Georgetown, that were built in 2017. Existing tenants include Rentsch Brewery, Elliott

Electric Supply and Ecopool. Space: 93,800 square feet Timeline: winter 2022-summer 2023

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GEORGETOWN EDITION • NOVEMBER 2022