Freehill Development Co. is not shooting for a gigafactory. The company says it focuses on delivering shallow-bay industrial projects that can also accommodate smaller tenants looking for space in Central Texas. Freehill just started turning over dirt on a 176,546-square-foot industrial property in Georgetown, Texas. This is one of five projects announced by the company as part of a 1.1 million-square-foot development push around Austin and San Antonio, with the other developments situated in the San Marcos, Northeast San Antonio, Leander and Dripping Springs submarkets.

The speculative industrial project in Georgetown will include office, showroom and warehouse space, with spaces ranging between 4,500 and 55,750 square feet. Expected to be completed in July 2023, the development is designed by Studio8 Architects, while Owrey Construction is acting as general contractor.