Construction has commenced on Foster Ridge Distribution Center, a 327,000-square-foot, cross-dock industrial property in San Antonio. Koontz Corp. is developing the facility, designed to accommodate either a single tenant or multiple smaller ones.
The 21-acre site, located at the intersection of Interstate 10 and North Foster Road, provides good visibility and is part of the Northeast San Antonio industrial market. With the planned expansion of Foster Road to four lanes , the property will provide easier access throughout Texas, via interstates 35, 410 and Route 130.
“For the last decade, Austin and San Antonio have outpaced almost all other metro areas in the country in terms of population and job growth,” Koontz Corp. President & CEO Bart Koontz told Commercial Property Executive.
Powers Brown Architecture is responsible for the design of the industrial building, while Pape Dawson serves as civil engineer and R.C. Page as general contractor. With an expected completion in the first quarter of 2019, the distribution center will include:
- 32-foot high ceilings
- speed bays
- optimized column spacing
- up-to-date ESFR fire safety system
- 75 dock high overhead doors
- four ramps
- 130-foot truck courts
“Given that much of the industrial property immediately northeast of San Antonio along IH35 is already built-out to the point that congestion is becoming an issue, we believe that our IH10 location will provide a great option for tenants,” added Koontz. “The site’s proximity to HEB’s new industrial site also bodes well for future demand within the submarket. In addition, for distribution tenants with a more regional focus, the Foster Ridge site will provide an attractive rental rate advantage over similar properties in the Austin market.”
Rendering courtesy of Koontz Corp.