TCC's managing director Scott Krikorian, who's heading up theproject, wasn't available for an interview before deadline. Wordhas been on the street all year that TCC was contemplating agroundbreaking on its land, but Krikorian wouldn't discuss thepending project. The new building will neighbor TCC's 531,211-sfdistribution center at 2301 Beckleymeade Ave., which was deliveredin first quarter 2007 and leased to Atlanta-based Home Depot Inc.

Based on today's average construction costs, the 55-acre projectis a $44.3-million undertaking if TCC didn't lock in some pricingcushion when it built the first phase. According to Dallas Countytax records, the Home Depot-occupied structure is owned by USIndustrial REIT II, a joint venture between TCC and SanAntonio-based USAA Real Estate Co.

TCC has penciled a fourth-quarter completion for thedistribution center, designed with 36-foot clear heights. "Thebuilding is being planned to be LEED certified with the ability todeliver 400 plus trailer positions, a tri-load configuration and a1,000 foot queuing lane," Jake Marks, first vice president of CBRichard Ellis, says in a press release about thegroundbreaking.