The Town Lake Company Initiates New Industrial Development
Benchmark Business Parks, a division of The Town Lake Company, has proudly initiated construction on its latest small-bay industrial project. This significant development is located at 1433 Chris Lane and will encompass an impressive 84,200 square feet of innovative tilt-wall flex industrial space. The project is designed to include two buildings, comprising 24 individual units that cater specifically to trades, services, and small businesses. Set across five acres with generous parking, the venue is poised to open its doors in the second quarter of 2026.
Targeted Development for Small Business Needs
According to Taylor Hutcherson, a Partner at The Town Lake Company, this project is tailored specifically for the end users. He shared, "This is a highly targeted product, built with the end user in mind. We're intentionally designing these parks to enhance the long-term success of small businesses by optimizing the space, focusing on functionality, and situating them within close proximity to the communities they serve." This highlights the company's commitment to supporting local enterprises through thoughtful design.
Prime Location and Accessibility
The industrial site enjoys direct access to SH-130, making it an incredibly strategic location amid significant residential growth. Two newly established H-E-B grocery stores are located just minutes away, further increasing the appeal of the area. This prime positioning allows the development to serve some of the fastest-growing markets in the region.
Innovative Design and Construction
Rob Gandy, Founder of The Town Lake Company, expressed excitement about this vertical initiative, stating, "This is a very exciting vertical for us. We see a unique opportunity to introduce consistency, design, and scale to a product type that has been largely overlooked." This enthusiasm reflects the company's vision for modern industrial spaces that meet current market demands.
Key Features of the New Development
Designed by STG Design and constructed by ARCO/Murray, this project will incorporate over 20-foot clear heights, robust fiber connectivity, and adaptable unit layouts suitable for a diverse range of business types. American National Bank of Texas is providing the necessary construction financing to ensure a smooth development process.
Future Plans for Growth
Notably, this Pflugerville project marks the second development under the Benchmark Business Parks banner. There are also additional sites under contract, part of a strategic plan to expand their small-bay industrial vertical throughout Texas and into the Sun Belt region. This strategy showcases The Town Lake Company’s determination to grow its footprint and support more small businesses across the area.
Frequently Asked Questions
What is the scope of The Town Lake Company's new project?
The project will feature 84,200 square feet of small-bay industrial space designed for trades, service companies, and small businesses.
When is the expected opening of the new development?
The development is anticipated to open in the second quarter of 2026, offering flexible commercial units to various types of businesses.
Who is involved in the construction of the project?
The project has been designed by STG Design and will be constructed by ARCO/Murray, ensuring high standards in both aesthetics and functionality.
What financing is being used for the construction?
The construction financing for this venture is provided by American National Bank of Texas, facilitating the development process.
Are there plans for further expansions?
Yes, there are additional sites under contract as part of a broader strategy to expand their small-bay industrial vertical throughout Texas and the Sun Belt.
