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Texas  + Dallas-Fort Worth  + Industrial  | 
STellar

Data Center Supplier Eyeing FW for $80M Plant

Stellar Energy, a company that makes cooling equipment for data centers, received a thumbs up from Denton Country for an incentive package worth $300,000. Stellar Energy is considering a 1.1-million-square-foot building known as Alliance Westport 24. The building at 15060 Blue Mound Road is within Hillwood’s 27,000-acre AllianceTexas masterplanned development.

The Dallas Business Journal reports the company has filed architectural plans and may have signed a lease with Hillwood, the owner of AllianceTexas. RGA Architects Inc. is listed as the design firm on the project.

Besides those okayed by Denton County, the Fort Worth City Council recently approved tax breaks that could be worth $2.8 million if the company meets various deadlines and requirements.

The total investment into the property would be about $79.5 million; $34 million in property improvements and $45.5 million in equipment.

Stellar could start work as early as this month and wrap up in August.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
  • ◦Policy/Gov't
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