Canadian Warehouse Developer Heads To Grand Prairie For New Project

Canadian warehouse developer heads to Grand Prairie for new project

Erin Ellard
12 May 2023
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Hopewell Development plans a two-building business park at State Highway 161 and West Trinity Boulevard.

A Canadian developer that expanded to North Texas a few years ago is targeting Grand Prairie for its next project.

Calgary-based Hopewell Development is building warehouses across multiple North American markets. In Dallas-Fort Worth, the Canada-based builder is planning a new business park called Shady Grove Industrial in Grand Prairie.

The more than 100,000-square-foot industrial development is planned at State Highway 161 and West Trinity Boulevard north of Interstate 30, according to planning documents filed with the state.

The project is scheduled to open next summer. Dallas architect Ware Malcomb is
designing the buildings.

Hopewell has been in business for almost three decades and has projects at home in Calgary, Edmonton, Winnipeg and Toronto. The firm has built more than 25 million square feet of warehouses and has another 18 million square feet in the development pipeline.

In Balch Springs, Hopewell is building a more than 140,000-square-foot warehouse near the intersection of Interstate 20 and U.S. Highway 175.

Last year, the company bought another building site on South Belt Line Road in Irving. Hopewell previously built a warehouse in North Fort Worth. It also has other industrial projects in Arizona and Nevada.

Dallas-Fort Worth is the country’s fastest-growing industrial building market with more than 70 million square feet of projects on the way.

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