Thursday, May 15, 2008

Twinrose Development breaks ground on Regent I and II industrial project in Irving

By Pegasus News wire

IRVING — Twinrose Development Company announced today that it has started construction on two industrial buildings at Dallas/Ft. Worth International Airport’s International Commerce Park.

Named Twinrose Regent I and II, the development is the first project for woman-owned Twinrose Development Company, said Rebecca Tudor, who holds a majority interest in the project, serves as manager of Twinrose Regent and is managing partner of Twinrose Development Company.

Rebecca Tudor

The development had a long way to go from an idea to actual construction, noted Tudor. “Beginning with the site selection process, many people contributed their time and talents to bring this project into being, starting with the staff at DFW,” she said.

“DFW is excited to be doing business with a woman-owned business on this project,” said Don O’Bannon, vice president of the Small and Emerging Businesses department at DFW. “The Airport recognizes that the most significant element of our M/WBE program is the impact the program has had upon the development of a strong pool of minority and women-owned business and this is an example of that commitment.”

The 316,500-square-foot buildings are slated for occupancy in December. Located at 2611 Regent Blvd., Regent I is a 256,500 square-foot, 30’ clear, 450’ wide cross-dock facility with three office entrances. The space is divisible to three suites, although Tudor said she is targeting tenants that use 62,000 square feet up to a single tenant.

Regent II, located at 2555 Regent Blvd., consists of 60,000 square feet that can be divided for two tenants, 20,000 square feet or larger. It has 24’ clear height and is a 200’ deep rear load building. Both Regent I and II have 140’ truck courts and 50’ x 50’ column spacing.

"Twinrose Development, under the leadership of Rebecca Tudor and Hal Hardister, is just the kind of development partner we are looking for in Irving," said John M. Bonnot, vice president of economic development for the Irving Economic Development Partnership. “We are pleased that Twinrose has recognized the need and growing demand for quality, cross-dock distribution facilities on DFW Airport property, and have chosen to invest in our community for this project."

Tudor said there will be a celebratory ground breaking on May 15 in large part to “acknowledge the talents of many people who have contributed to the success to date. People don’t realize how long it often takes to do a project right; I’ll never forget the people who made Twinrose Regent I and II possible,” she said.

Source: Twinrose Development Co.

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