465,660-square-foot industrial development set to break ground in Round Rock (2024)
Plans indicate the five-building project will be completed in two phases, with the first one starting in September.
ROUND ROCK, Texas — Construction on a new industrial center in Round Rock is set to begin in September.
A combined 465,660 square feet of industrial space will be available following the construction of five buildings over two phases.
Phase One will include three buildings totaling nearly 311,000 square feet while Phase Two will include nearly 155,000 square feet across two buildings. The second phase will be available for build-to-suit projects.
The development will be built on 36 acres of land at 2380 Oakmont Road in Round Rock by Adolfson & Peterson Construction, a construction management and contracting company. AP was awarded the construction contract for the IDI Logistics project, which will be called the Sunrise Commerce Center,
“Winning this contract gives AP the perfect opportunity to capitalize on the growing Austin-area industrial real estate market,” said Zack Rogers, AP’s vice president and project executive. “The AP team is eager to start Phase One and move forward in delivering the much-needed, top-quality space.”
AUSTIN, Texas — The city of Round Rock is going to get its own shopping center similar to The Domain. A developer is putting $500 million into building a mixed-use development called The District. Construction on the 66-acre development will start next year in between State Highway 45 and Interstate 35.
The cost of living in Round Rock, TX is 1% lower than the state average and 8% lower than the national average. Round Rock, TX housing is 11% cheaper than the U.S average, while utilities are about 9% pricier.
Is Round Rock a Good Real Estate Investment? Round Rock, Texas, is considered to be a good market for real estate investors for several reasons: Strong economy: Round Rock has a strong and growing economy, with major employers in the technology, healthcare, and retail sectors.
The population of Round Rock continues to grow, according to data provided by the city's Planning and Development Services Department. Recent estimates from the city show a modest 1.5% population increase from 2021 to 2022.
Amazon plans to establish a 48,000-square-foot warehouse in Paris, Texas. “This last-mile facility will allow us to better serve customers in Paris and across northeast Texas,” said Jessica Breaux, senior manager of economic development for Amazon.
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