Minneapolis-based Hyde Development has started building 633,200 square feet of warehousing and logistics space close to Interstate 29 and Hector International Airport.
FARGO - Site preparation is well underway for a warehousing and logistics center that when finished will be almost half the size of the nearby Amazon Fulfilment Center on the city’s far north side.
The $53 million Dakota Commerce Center, when fully built out, will offer 633,200 square feet of warehouse space designed for bulk distribution of goods. The nearly completed Amazon center is about 1.3 million square feet.
To celebrate, a formal groundbreaking ceremony for Dakota Commerce Center is set for 1 p.m. Monday, Aug. 9, at 3701 40th Ave N.
Paul Hyde, co-founder and owner of Minneapolis-based Hyde Development, said Amazon had a good bead on where to build, locating next to Interstate 29 and near Hector International Airport. He said his industrial park is designed to serve a variety of industries, but should also be a good fit for firms that work with Amazon.
“They’re (Amazon) very smart people in terms of picking locations and in terms of logistics, whether that’s trucks or (by) air. And we love our proximity to the interstate, and the visibility from the interstate, but we really also like our proximity to the airport. That’s why we picked it and I suspect that’s why Amazon picked it, as well,” Hyde said Tuesday, Aug. 3.
