Development will offer smaller industrial spaces in northeast Fort Worth

Construction on four new buildings will begin early next year.

Construction on four new buildings will begin early next year.

A new development in northeast Fort Worth will cater to businesses that need smaller industrial spaces.

Commercial real estate company M2G Ventures has purchased 55 acres of land at 10705 North Freeway in northeast Fort Worth. It plans to break ground on four industrial buildings early next year with construction expected to be completed in 2021.

Together, the buildings will span 630,000 square feet. Each will be no larger than 250,000 square feet, M2G co-President Susan Gruppi told Community Impact Newspaper.

The first buildings will be constructed on 41 acres. M2G said it will develop the remaining 14 acres at a later date.

Though M2G has not yet signed any tenants for the buildings, Gruppi said the development will cater to businesses looking for 15,000 to 30,000 square feet for showrooms, distribution or other industrial uses.

“From our perspective, there are a ton of tenants that want to be in north Fort Worth, but the [existing industrial] space can’t accommodate that [smaller] size,” Gruppi said.

M2G looked at roughly 50 sites before purchasing the acreage on North Freeway. Gruppi said the company was attracted to the site’s location between downtown Fort Worth and AllianceTexas, a master-planned development in northeast Fort Worth home to more than 500 companies.

M2G also looked for a site with access to major highways. The company’s new acreage has 750 feet of frontage along I-35W.

Gruppi said M2G plans to continue buying and developing industrial space, though the company could look at other areas in North Texas outside of northeast Fort Worth.
By Korri Kezar
Korri Kezar graduated from the University of Texas at Austin in 2011 with a degree in journalism. She worked for Community Impact Newspaper's Round Rock-Pflugerville-Hutto edition for two years before moving to Dallas. Five years later, she returned to the company to launch Community Impact Newspaper's Keller-Roanoke-Northeast Fort Worth edition, where she covers local government, development, transportation and a variety of other topics. She has also worked at the San Antonio Express-News, Austin-American Statesman and Dallas Business Journal.


MOST RECENT

A LongHorn Steakhouse was expected to open in early 2020 at The Citadel development near I-35W and Heritage Trace Parkway. The opening has been delayed, according to staff. (Ian Pribanic/Community Impact Newspaper)
Tuesday Morning bankruptcy, census data and three other DFW-area stories

Here are five recent updates from the metroplex, on delayed openings, mass layoffs and more.

Those who give blood through May 31 will receive a t-shirt by mail while supplies last. For the month of June, donators will receive a $5 Amazon gift card through email, courtesy Amazon, according to American Red Cross. (Courtesy American Red Cross)
Red Cross offers incentives for blood donations in Dallas-Fort Worth area

The American Red Cross has roughly 1,300 blood donation appointments in North Texas that need to be filled through June 15.

The White Rock Family YMCA in Dallas is among the seven area locations that are set to reopen at partial capacity June 1. (Courtesy YMCA of Metropolitan Dallas)
MAY 31 ROUNDUP: Business news from Dallas-Fort Worth area

Read the latest business news from Dallas-Fort Worth.

Roanoke city officials announced May 22 that the farmers market will be moved to a new location within the Roanoke City Hall plaza. (Courtesy city of Roanoke)
Roanoke Farmers Market set to open June 6 with special hours for seniors, at-risk residents

Roanoke city officials announced May 22 that the farmers market will be moved to a new location within the Roanoke City Hall plaza.

Medical City Alliance is the first and only hospital in North Fort Worth with a trauma Level III classification. (Ian Pribanic/Community Impact Newspaper)
Medical City Alliance becomes first Level III trauma center in North Fort Worth

Medical City Alliance is the first and only hospital in North Fort Worth with a trauma Level III classification.

Like many other businesses in the area, Coral Fish and Beyond owner John Duncan is adapting to COVID-19 restrictions. (Ian Pribanic/Community Impact Newspaper)
Businesses in Keller, Roanoke, North Fort Worth respond to fewer COVID-19 restrictions

Businesses in Keller, Roanoke and North Fort Worth are taking advantage of less restrictions related to the COVID-19 pandemic.

Normally crowded toll roads are experiencing a decline in the number of motorists, according to data from the North Texas Tollway Authority. (Liesbeth Powers/Community Impact Newspaper)
North Texas Tollway Authority develops plan to mitigate unprecedented loss of revenue

Money-saving tactics include an indefinite hiring freeze and the delay of some projects, according to a spokesperson.

Outdoor venues in all Texas counties will be permitted to operate at up to 25% capacity starting May 31. (Courtesy Adobe Stock)
Spectators to be welcomed back to Texas outdoor sporting events May 31 at 25% of venue capacity

Venue owners must operate under guidelines that facilitate appropriate social distancing.

Tuesday Morning plans to close 230 of its 687 stores in a phased approach. (Anna Lotz/Community Impact Newspaper)
Development news and other top stories from this week in DFW

Read the most popular stories so far this week from Community Impact Newspaper's Dallas-Fort Worth coverage.

City officials are searching for cost-saving measures to oset shortfalls in revenue due to the coronavirus pandemic. (Katherine Borey/Community Impact Newspaper)
Officials in Keller, Roanoke and Fort Worth weigh furloughs, hiring freeze options as revenues fall

City officials in Keller, Roanoke and Fort Worth are searching for cost-saving measures to oset shortfalls in revenue due to the coronavirus pandemic.

Each eligible child will receive $285 in benefits. (Courtesy Adobe Stock)
Some Texas students eligible for one-time federal benefit to aid with food purchases

Texas received approval from the U.S. Department of Agriculture to provide more than $1 billion in pandemic food benefits.

Tex-Mex restaurant Los Compadres Cantina will now open this spring at 320 S. Oak St., Roanoke. (Ian Pribanic/Community Impact Newspaper)
Los Compadres Cantina set to open this spring in downtown Roanoke

Tex-Mex restaurant Los Compadres Cantina will now open this spring at 320 S. Oak St., Roanoke.