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

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

The First Park 121 is being developed on a recently acquired84-acre site in this Northwest submarket of Dallas.First Industrial will break ground this month on phaseone of the park involving two rear-load facilities of 219,808 and125,267 square feet, respectively. First Industrial estimates thetotal estimated investment for the two buildings at $27.5 million.In total, the First Park 121 development could accommodate fourwarehouse/distribution buildings totaling up to 727,000 squarefeet.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.