First Industrial Realty Begins First Park 121 Project in Northwest Dallas

A rendering of the First Park 121 industrial project in Lewisville, TX.

LEWISVILLE, TX—Chicago-based First Industrial Realty Trust has launched the first phase of its First Park 121 project consisting of two buildings totaling more than 345,000 square feet of industrial space.

The First Park 121 is being developed on a recently acquired 84-acre site in this Northwest submarket of Dallas. First Industrial will break ground this month on phase one of the park involving two rear-load facilities of 219,808 and 125,267 square feet, respectively. First Industrial estimates the total estimated investment for the two buildings at $27.5 million. In total, the First Park 121 development could accommodate four warehouse/distribution buildings totaling up to 727,000 square feet.