Allen Group and BNSF working on Dallas intermodal park
The Allen Group, a developer of logistics parks, industrial and office properties throughout the country, said Friday it is working with BNSF Railway to secure an option for the purchase of several hundred acres within the Dallas Logistics Hub for the potential construction and operation of an intermodal facility.
The site under consideration fronts on 8,000 feet of BNSF track in Dallas and represents a portion of the 2.5 miles of BNSF track frontage located within the Dallas Logistics Hub. The option term would be for a period of 18 months, during which time BNSF would conduct due diligence and market analysis for the feasibility of the potential intermodal facility.
BNSF Railway operates one of the largest North American rail networks with about 32,000 route miles in 28 states and two Canadian provinces. The Dallas Logistics Hub is a 6,000-acre master-planned logistics park located in Southern Dallas County with 60 million square feet of development potential.