Big land buy adds to Decatur’s industrial park northwest of Fort Worth

The town of Decatur northwest of Fort Worth is more than tripling the size of its industrial park with a major land purchase.

Located on U.S. Highway 287, the Wise County town has a population of more than 7,200.

The Decatur Economic Development Corp just purchased 364 acres near U.S. 287 and FM2264 to add to its 165-acre business park.

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“Decatur’s expanding industrial sector and rapidly growing workforce are driving increased interest from additional industrial prospects,” said Kevin Holzbog, executive director of Decatur Economic Development.

Holzbog said the purchase is a “strategic investment to continue bringing expanded tax-base and quality jobs to the Decatur area.” With the expansion, the almost 530-acre Eagle’s Landing Business Park is adjacent to BNSF’s rail line.

The business park is touted as being 25 minutes from Fort Worth’s Alliance Airport and a 45-minute drive to DFW International Airport.

Companies now in the business park include Cardinal Paint, GT Products, Industrial Diesel, Omega Research and Aqualine Plumbing + Irrigation, according to Decatur Economic Development.

Dallas’ Altschuler and Co. brokered the land sale with Jay Davidson.

“The timing was right,” Hal Penchan of Altschuler and Co. said in a statement. “The Decatur Economic Development Corp has had excellent success with its Eagle’s Landing Business Park and wanted to continue the momentum.

“We were seeing strong interest from manufacturers,” he said. “With tenant demand growing and the DEDC’s previous success, it was a no-brainer for them to own this land and expand the business park.”