California developer eyes 1 million-square-foot warehouse near I-45 The development site is next to FedEx’s southern Dallas County ground shipping hub. Majestic Realty also built the Majestic Airport Center DFW at State Highway 121 and Valley Parkway near DFW International Airport.(Majestic Realty ) The development pipeline of massive North Texas industrial building projects is still growing. Just this week, developer Hillwood announced plans for its largest speculative warehouse ever in the AllianceTexas community. The 1.24 million-square-foot North Fort Worth building is on Interstate 35W. But that’s not the only huge new shipping hub on the way. In Hutchins in southern Dallas County, California-based developer Majestic Realty is planning a more than 1 million-square-foot building.