Iron Horse Crossing in Saginaw, TX

Iron Horse Crossing Building 2 is a new shell construction project located at 920 Cook Lane in Saginaw, Texas. The building will encompass 83,294 square feet of space, with an estimated construction cost of $3,200,000. Work on the site began in February 2026, and the project is scheduled to finish in February 2027. This structure is part of a larger development effort in Tarrant County, where the owner has registered multiple adjacent buildings for similar construction purposes.

Development Details and Ownership

The owner of record for this specific building is Velocis Cook Lane JV, LP. This entity is responsible for the development of the Iron Horse Crossing complex, which includes at least three other registered projects in Saginaw. These additional filings include Iron Horse Crossing Building 1 and another registration listed as Iron Horse Crossing Building 2 with a lower estimated cost, indicating a phased or multi-unit approach to the site's development. The total value of these related filings exceeds $5.6 million, underscoring the scale of the investment in this specific Tarrant County location.

Alliance Architects serves as the design firm of record for the project. The firm has a substantial portfolio in the region, with other registered projects including large logistics centers in Terrell and developments near DFW Airport. Their involvement in this project ensures that the 83,294-square-foot shell meets structural and design standards appropriate for commercial use in the Saginaw area. The architectural scope is defined strictly as new shell construction, focusing on the structural framework and exterior envelope rather than interior finishing.

Construction Timeline and Status

The project was registered with the Texas Department of Licensing and Regulation in December 2025. Plan review was completed in August 2026, clearing the path for the construction phase that started in February 2026. The TDLR status is listed as Review Complete. The scheduled build window spans 364 days, which is longer than the county median of 214 days for similar new construction filings. This extended timeline allows for the completion of the large square footage within the stated cost parameters.

The estimated cost of $3,200,000 places this project above the median estimated cost for new construction in Tarrant County, which is $800,000. However, the cost per square foot is $38, which is below the county median of $120 per square foot. This efficiency in cost per unit area is notable for a project of this size. The funding is privately sourced, with the project located on private land for private use. The completion date on the filing remains February 2027, aligning with the initial construction start date of February 2026.