News & Events in Desoto, TX
Here’s an update on the latest news and events taking place in DeSoto, Texas:
DeSoto’s superb location, competitive land prices from $.50 to $1.50 per sf, beautiful and developed business park, with a college-educated and skilled workforce, provide a bright future for new and growing businesses. More than $4.3 million of road infrastructure improvements in the 300 acre Eagle business & Industrial Park have spurred new commercial and industrial developments.
DW Distribution, DIAB, Inc., Zep Manufacturing have recently expanded facilities or employment due to increased levels of production. Hillwood Investment Properties is in the process of developing the “Crossroads Trade Center”, a 161 acre project. Hillwood recently completed the first 550,000 of the 2,300,000 million square foot build to suit distribution center near the intersection of I-35E (NAFTA) and Interstate 20. Cintas Corporation and Technology Container leased 450,000sf of the first facility in the summer of 2008. The Crossroads Trade Center offers companies superb access to Interstates 35E, 20, 45, and 30 via Centre Park Blvd.
Recent hotel construction in the city has resulted in an additional 500 rooms in DeSoto. New properties include La Quinta Inn and Suites, Holiday Inn Express & Suites, Hampton Inn, and Marriott Suites near I-20 and Methodist Hospital will open in the summer of 2009.
The Methodsit Charlton Medical Center located on I-20 and Hwy. 67 is currently undergoing a $127 million construction upgrade. The completion is expected in the fall of 2009.
The DEDC is working with Teague, Nall & Perkins to upgrade major infrastructure projects in the Eagle Industrial Park and have contracted with CHA to complete a feasibility study for a Vertiport/Heliport within the same area.
Aviation programs have been approved by the University of North Texas and the DeSoto Independent School District that link directly to the city’s interest in a heliport/vertiport and with existing aviation companies within DeSoto.
The North Texas Council of Governments has projected that by 2030 southern Dallas County and northern Ellis County will see the highest increases in the number of households, jobs, population and employment in the DFW Metroplex. In order to accommodate the increased population, TXDOT is planning to construct a concentric loop outside Loop 635 called Loop 9.