(Read more on the industrial market.)
FORT WORTH-After 21 months of laying the groundwork, the Amon G.Carter Foundation and Rob Riner Cos. are joint venturing to developa 15-million-sf rail-served industrial park. The estimated$150-million Carter Distribution Center will get under way inJanuary with a 615,000-sf spec project.
Rob Riner, president and CEO of the locally based namesakecompany, has just started his road show for the estimated 800-acre,two-phase development beside the 950-acre Carter Industrial Park.Riner's charge is to build out the balance of a land bank that thefoundation has owned about 60 years. Dirt work is scheduled tobegin Dec. 3 on the southeast quadrant of Oak Grove and Joel Eastroads, allowing the developer to pencil a permit pulling forJanuary.
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