NorthPoint to Develop $230 Million Industrial Park in China Grove
NorthPoint Development will build the Foster Commerce Center, a 2.2 million square-foot industrial park on 160 acres about 10 miles east of San Antonio, in China Grove. The six-building development will be constructed in phases, with the initial phase comprising two buildings totaling 650,000 square feet.
NorthPoint expects the project to entail a total capital investment of $230 million and to create more than 1,000 new, permanent jobs in addition to 950 construction jobs. Construction is scheduled to begin before the end of the summer. Stream Realty Partners has been tapped to lease the development.
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.