Skyline Business Park will launch with the usual fanfareassociated for such an undertaking, marking the largest and mostsignificant industrial development for the suburb situatedsoutheast of Dallas and home to televised rodeos. The mid-morningkickoff will include city officials, Panattoni-Hillwood leaders andbuild-to-suit tenants, Shippers Warehouse and Icon Health &Fitness, each being outfitted for 400,000-sf structures. Theproject also includes 130,000-sf of spec space. At full build out,the park will encompass 1.7 million sf. With this project, Mesquiteis getting 2.5 million sf of new industrial space.

Panattoni-Hillwood, a joint venture that includes Ross PerotJr., bought the acreage in 1998 from Ross Perot Sr., who still owns65 acres adjacent to the proposed Skyline Business Park. "Mostlikely we'll continue to develop out the park and buy from him aswe need it," Panattoni-Hillwood principal Tal Hicks toldGlobeSt.com. The park is situated on the west side of Town EastBlvd. about one mile south of Texas 80.

The acreage carries a Triple Freeport exemption, granted inJanuary. That, coupled with the availability of more land and agood labor pool, enhances the project's ability to compete in thenortheast Dallas submarket. The Icon build-to-suit is expected tobe finished by year's end, with Shippers Warehouse's building andthe spec space delivering concurrently in February, says Hicks.