Hopewell Development, in collaboration with MBK Industrial Properties, celebrated the groundbreaking of Lakeside Business Center, a new industrial development in the Flower Mound, Texas, area.

Scheduled for completion in the summer of 2025, this project will introduce two Class-A distribution warehouses totaling 123,910 square feet to the submarket.

These new buildings will be available for sale and lease through Lee & Associates.

The development is located on the southeast corner of the prominent intersection of Lakeside Parkway and Gerault Road. Hopewell Development acquired the land for this project in January 2024 through an off-market deal sourced by Alex Wilson.