Oncor Electric & KDC's 42.2K SF Distribution Center Takes Shape in Midlothian

Exciting news for the real estate and utility sectors in Texas! A massive 422,000-square-foot industrial property is currently under construction in Midlothian, Texas. This development, located just 30 miles southwest of downtown Dallas, is set to become a pivotal distribution center for Oncor Electric Delivery Co. This project is a collaborative effort between Oncor and KDC Development & Investments, both Dallas-based companies.

Project Details

The construction of this colossal industrial property is a significant development for Midlothian, Texas. The new distribution center will not only boost the local economy but also enhance the operational efficiency of Oncor Electric Delivery Co., a leading utility company in Dallas. This project is a testament to the growing industrial real estate market in the region.

Collaboration with KDC Development & Investments

Teaming up with KDC Development & Investments, Oncor is set to transform the real estate landscape in Midlothian. KDC is a renowned name in the Dallas real estate market, known for its strategic investments and development projects. This collaboration is expected to bring about a state-of-the-art distribution center that will serve as a model for future industrial real estate projects.

Impact on the Real Estate Market

This development is likely to have a ripple effect on the real estate market in Midlothian and beyond. It is expected to attract more investors and developers to the region, potentially leading to a surge in similar projects. Moreover, the new distribution center could also increase the demand for residential properties in the area, benefiting homeowners and real estate investors alike.

Conclusion

The construction of the 422,000-square-foot distribution center in Midlothian is a significant milestone for the Texas real estate market. It not only represents a successful collaboration between two Dallas-based companies but also underscores the potential of the industrial real estate sector. As the project progresses, it will be interesting to see its impact on the local economy and the real estate market.