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  7. Lockheed Martin
๐Ÿ‘ค
Property Owner2 Active

Lockheed Martin

1902 W Freeway St, Grand Prairie, Texas 75051
Robert Shaw
16
Total Projects
$21.4M
Portfolio Value
2
Active Now
339,406
Total Sq Ft
3
Cities
$1.3M
Avg Value

About Lockheed Martin

Lockheed Martin is a significant property owner and developer in Dallas-Fort Worth and Angelina County with a comprehensive real estate portfolio of 16 construction projects valued at $21.4M. The development portfolio includes both new construction and renovations, with 2 new construction projects and 14 renovation projects representing 339,406 square feet of developed space.

๐Ÿ“ŠWork Items

  • 2 new construction projects (13%)
  • 14 renovation projects (88%)
  • Average project value: $1.3M
  • Total square footage: 339,406 sq ft

๐Ÿ™๏ธMarket Presence

  • Grand Prairie13 projects
  • Lufkin2 projects
  • Fort Worth1 projects

With 2 active projects currently under development and 14 completed projects, Lockheed Martin maintains a strong presence across 3 cities, working with leading architecture and design firms including Burns & McDonnell Engineering Co., Burns & McDonnell, USA Canvas Shoppe. The development portfolio is concentrated in Grand Prairie, Lufkin, Fort Worth, establishing Lockheed Martin as a key player in Dallas-Fort Worth & Angelina County commercial and residential real estate development.

Market Position

#1
of 0+ Texas property owners
by project volume
Top markets
Grand PrairieLufkinFort Worth

Activity Over Time

2019
3
2020
6
2021
2
2022
3
2023
1
2024
1
Median project: $600KAvg cost/sqft: $158/sqftPeak year: 2020 (6 projects)
๐ŸŒŸ Featured Project๐Ÿ”ง Reno

Paint Shop Initial Complement

1902 W. Freeway St., Grand Prairie, TX 75051
$4.9M44,000 sqft
๐Ÿ“…

Activity Timeline

First Project
Jan 2019
Latest Project
Feb 2024
2
Active
14
Completed
๐Ÿ“

Project Locations

Grand Prairie
13
Lufkin
2
Fort Worth
1
Counties
Dallas13Tarrant1Angelina2
๐Ÿ›๏ธ

Design Partners

5 architecture firms

1
Burns & McDonnell Engineering Co.
7 projectsยท$17.0Mยท1 active
๐Ÿ”ง 7 renoavg $2.4M
Grand Prairie
Latest:Additive Machine Center & Heat Treat(Feb 2024)
2
Burns & McDonnell
4 projectsยท$3.0M
๐Ÿ—๏ธ 1 new๐Ÿ”ง 3 renoavg $739K
Grand Prairie
Latest:Thayer Security Checkpoint(Jul 2020)
3
USA Canvas Shoppe
1 projectsยท$238Kยท1 active
๐Ÿ”ง 1 renoavg $238K
Fort Worth
Latest:Lockheed Martin Walkway Cover(Jul 2022)
4
id Group
1 projectsยท$600K
๐Ÿ”ง 1 renoavg $600K
Grand Prairie
Latest:B-001 Museum & Starbucks(Aug 2020)
5
MJMC Architects, PLLC
1 projectsยท$276K
๐Ÿ”ง 1 renoavg $276K
Grand Prairie
Latest:LM GP B-059 CCA(Jan 2019)
5 total design firms worked with$21.1M combined
๐Ÿ“Š

Project Status

๐ŸClosed
14(88%)
๐Ÿ“Review Complete
1(6%)
๐Ÿ“‹Registered
1(6%)

All Projects

16 total ยท Sorted by date
๐Ÿ“Review Complete$4.3M

Additive Machine Center & Heat Treat

1902 W Freeway St, Grand Prairie, TX 75051
Feb 8, 2024๐Ÿ”ง
Burns & McDonnell Engineering Co.
๐ŸClosed$874K

Vehicle Paint Booths Install

1902 W Freeway St, Grand Prairie, TX 75051
May 11, 2023๐Ÿ”ง
Burns & McDonnell Engineering Co.
๐Ÿ“‹Registered$238K

Lockheed Martin Walkway Cover

5555 N Beach Street, Fort Worth, TX 76137
Jul 20, 2022๐Ÿ”ง
USA Canvas Shoppe
๐ŸClosed$300K

ATACMS / GMLRS remodel

1902 W Freeway St, Grand Prairie, TX 75051
Jul 18, 2022๐Ÿ”ง
Burns & McDonnell Engineering Co.
๐ŸClosed$1.9M

Material Transport Initial Complement

1902 W. Freeway Street, Grand Prairie, TX 75051
Dec 13, 2021๐Ÿ”ง
Burns & McDonnell Engineering Co.
๐ŸClosed$4.0M

High Bay Initial Complement

1902 W Freeway St, Grand Prairie, TX 75051
Dec 13, 2021๐Ÿ”ง
Burns & McDonnell Engineering Co.
๐ŸClosed$215K

Lockheed Martin Parking Lot Addition

1008 N. John Redditt Dr., Lufkin, TX 75901
Sep 24, 2020๐Ÿ—๏ธ
๐ŸClosed$600K

B-001 Museum & Starbucks

1701 W. Marshall, Grand Prairie, TX 75051
Aug 10, 2020๐Ÿ”ง
id Group
๐ŸClosed$1.8M

Thayer Security Checkpoint

1701 West Marshall Drive, Grand Prairie, TX 75051
Jul 23, 2020๐Ÿ—๏ธ
Burns & McDonnell
๐ŸClosed$72K

Lockheed Martin Mechanical Room Addition

1008 N. John Reddit Drive, Lufkin, TX 75901
Jul 10, 2020๐Ÿ”ง
๐ŸClosed$750K

Building 60 Restroom Addition

1902 W Freeway St, Grand Prairie, TX 75051
Jul 7, 2020๐Ÿ”ง
Burns & McDonnell Engineering Co.
๐ŸClosed$120K

B001 East Low Bay Picnic Area

1701 West Marshall Dr., Grand Prairie, TX 75051
Feb 13, 2020๐Ÿ”ง
Burns & McDonnell
๐ŸClosed$438K

B-058 Renovation

1701 W. Marshall Dr., Grand Prairie, TX 75051
Jun 7, 2019๐Ÿ”ง
Burns & McDonnell
๐ŸClosed$600K

B-001 WLB2

1701 W. Marshall Dr., Grand Prairie, TX 75051
Apr 2, 2019๐Ÿ”ง
Burns & McDonnell
๐ŸClosed$276K

LM GP B-059 CCA

1902 West Freeway, Grand Prairie, TX 75051
Jan 30, 2019๐Ÿ”ง
MJMC Architects, PLLC
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