"We are excited to initiate our first project with the Alliance Industrial team in Laredo, a city rapidly emerging as a key center for cross-border logistics," said John Atcheson, President of ARCO Design/Build Houston and Salt Lake City. "Our partnership with Alliance Industrial and Realterm on this speculative project underscores our commitment to delivering high-quality industrial spaces that cater to the evolving market needs. We look forward to contributing to Laredo's ongoing growth."
The facility will encompass a 236,693-square-foot rear-load concrete tilt-wall warehouse with a 32-foot clear height, 50 dock-high loading positions, and 190 trailer parking spaces. Designed to enhance logistics efficiency, particularly for cross-border trade, the facility is expected to be complete by summer 2025.
As a speculative development, this facility offers potential tenants the advantage of a logistics space, eliminating the lengthy wait times associated with custom-build projects and positioning Laredo to capitalize quickly on emerging trade opportunities.
"Alliance is excited to kick off our first project in Laredo," said Andrew Peeples, Director at Alliance Industrial Company. "We are bullish on the nearshoring trend occurring along the Texas border as companies continue to realign their supply chains. The major infrastructure investments Laredo is making ensures leasing activity will remain robust, and we believe the market has a long runway of continued growth for cross-border logistics assets like this one."
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"Realterm has been actively investing in the Laredo market for more than 10 years, and we are excited to partner with Alliance Industrial and ARCO on this ground-up development project in this burgeoning market," said Joe Noon, Head of U.S. Development for Realterm.
ARCO's design-build approach is particularly advantageous for speculative projects like this one, integrating design and construction processes under a single contract. This method allows for greater flexibility to meet potential tenants' needs while maintaining cost-effectiveness and speed of delivery. OneFourTwo Design Group, ARCO's integrated partner for architecture and structural components, ensures coordination between design and construction phases, which is crucial for the successful execution of this project.
The facility is set to enhance Laredo's economic landscape by boosting trade efficiency, creating jobs, and reinforcing the city's role as a pivotal logistics hub. With its strategic location and advanced features, the project is well-positioned to meet the growing demand for cross-border logistics, contributing to the region's long-term growth.
