ECONOMIC DEVELOPMENT
INDUSTRIAL PROJECTS
in Northern Williamson County by Charlotte Kovalchuk
T W O I N D U S T R I A L D E V E LO P M E N T S AT T H E CO R N E R O F I - 35 A N D S H 130 A R E S E T TO T R A N S F O R M N O R T H G E O R G E TO W N I N TO A H U B F O R M A N U FA C T U R E R S A N D D I S T R I B U TO R S .
Woodgate Corporate Park and NorthPark 35 The Woodgate Corporate Park will be a 12-acre highend flex/industrial site. Its two buildings, totaling more than 116,000 sq/ft, will be located across from the Georgetown Municipal Airport. Just northeast of Woodgate, Georgetown’s first master-planned industrial business park, NorthPark 35, is being developed by Titan Development. The park site is 146 acres and will include 802,000 square feet of building space. “Georgetown is poised to become an important new business center along the I-35 corridor,” says Joe Iannacone, senior vice president of Titan Development. “With direct access to major markets like Austin, Dallas, and San Antonio, we’ve already had exceptional interest from end-users in the e-commerce, logistics, pharmaceuticals, light manufacturing, and agricultural industries. This new park is destined to become a hub of innovation for Georgetown and beyond.”
GREATER IMPACT
The project will also expand Aviation Drive to intersect with I-35 and SH 130, unlocking highway access for site users along with a direct route to the industrial park for consumers. “In my opinion, the best part about the project is the extension of Aviation Drive,” NorthPark35 leasing agent Omar Nasser says. Currently, auto parts store Texas Speed and Performance is NorthPark35’s only tenant, but Omar anticipates food and
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other distributors and manufacturers, providing supplies for Tesla and Samsung, will come on board. “The tenants we are targeting will generate hundreds of jobs in both manufacturing and distribution/warehousing,” Joe says. While NorthPark35 is intended for users in need of 25,000 to 250,000 square feet of space, Woodgate Corporate Park is designed for companies seeking a smaller footprint. “I’ve been leasing in Georgetown for over 10 years,” says Ken Mongold, who owns Woodgate and Headwater Companies, formerly known as Georgetown Commercial Properties and San Gabriel Project Management. “It’s always been hard to find supply for the 10,000 to 20,000-square-foot user. [Woodgate] is a response to that.”
There is an abundance of real estate product for the small users and the big users. The intermediate is a market being passed over. ~Ken Mongold
WORK IN PROGRESS
The development broke ground in October and two tenants have already signed on, a residential building supplier and a food manufacturer. Ken hopes to see more manufacturers come on board. “We feel like this building is suited well for manufacturing,” he says.
