Monday, April 09, 2007

The Dallas Logistics Hub, a key component of NAFTA infrastructure, will serve as a major 'inland port.'

Press Release

Dallas Logistics Hub Grand Opening Set for April 13

Logistics Park to Become North America's Newest Inland Port Transforming the Region into a Major Hub for Goods Movement in the U.S.

April 9, 2007

Business Wire
Copyright 2007

DALLAS--The Allen Group, a major developer of commercial properties across the United States, will host a grand opening ceremony for the Dallas Logistics Hub on Friday, April 13, 2007, from 10 a.m. to 12 p.m. at the Lancaster Municipal Airport at 730 Ferris Road in Lancaster, Texas.

The Dallas Logistics Hub (the "Hub") is the largest new logistics park under development in North America, with 6,000 acres master-planned for the development of 60 million square feet of distribution, manufacturing, office and retail uses. The Hub also has the potential to be the first logistics park with two intermodal facilities serviced by the two largest freight carriers in the United States. Union Pacific Railroad currently operates a 360,000 lift per year intermodal terminal adjacent to the Hub, with BNSF Railway Company evaluating a potential site on the western side of the project.

The Hub's unique intermodal, rail and highway access positions Southern Dallas County as the premier trade hub in the Southwestern United States and will serve as the gateway for the distribution of goods to the major population centers throughout the Central and Eastern United States.

Slated to become one of the biggest economic engines for North Texas, the Dallas Logistics Hub, at full build-out, will create approximately 31,000 direct and 32,000 indirect jobs and increase the tax base for the communities of Dallas, Lancaster, Wilmer and Hutchins by $2.4 billion.

Speakers at the event include:

* Deputy Administrator of the U.S. Department of Transportation's Maritime Administration Julie Nelson,
* U.S. Congresswoman Eddie Bernice Johnson,
* Texas Secretary of State Roger Williams,
* State Representative Helen Giddings,
* Dallas County Commissioner Maurine Dickey,
* Dallas Mayor Laura Miller,
* Lancaster Mayor Joe Tillotson,
* Hutchins Mayor Artis Johnson,
* Wilmer Mayor Don Hudson,
* President of the Greater Dallas Chamber of Commerce Jan Hart Black,
* Richard Allen, CEO of The Allen Group and
* Edward Romanov, President and COO of The Allen Group

Many international, federal, state and local dignitaries, community and business leaders are expected to attend. Attendees will have access to helicopter tours of the Hub showcasing the most sophisticated intermodal, rail and highway infrastructure in the country.

The Allen Group will also announce construction plans on initial vertical developments at the Dallas Hub during the event. For more information on the Dallas Logistics Hub or the event, please log on to www.dallashub.com.

Dallas Logistics Hub

The Allen Group is developing the Dallas Logistics Hub adjacent to Union Pacific's Southern Dallas Intermodal Terminal, a potential BNSF intermodal facility, four major highway connectors (I-20, I-45, I-35 Loop 9/Trans-Texas Corridor) and Lancaster Airport, which is in the master-planning stage to facilitate air-cargo distribution. The Dallas Logistics Hub is a key component of the NAFTA infrastructure and will serve as a major "inland port" bringing products from the Ports of L.A./Long Beach and Houston, as well as the western deep water ports in Mexico for regional and national distribution.

The Allen Group

The Allen Group is a commercial development firm specializing in rail-served industrial parks and build-to-suit facilities, including Class A office buildings. The Company currently has 8,000 acres under development across the United States, with commercial properties ranging in size from 35,000 square feet to 1.7 million square feet, as well as four master-planned industrial parks. These projects include the International Trade and Transportation Center (www.ittc.com); MidState99 Distribution Center (www.midstate99.com); the Dallas Logistics Hub (www.dallashub.com), and recently announced, K.C. Logistics Hub near Kansas City.

The Allen Group, based in San Diego with regional offices in Visalia and Bakersfield, Calif., Dallas and Kansas City, is trusted by Fortune 500 companies such as VF Corporation, Cox Communications, FedEx, International Paper Company, Intuit, Kraft Foods and Wal-Mart Stores. For more information about The Allen Group, please visit www.allengroup.com.

Contact:

The Allen Group
Jon Cross, 858-764-6800
jcross@allengroup.com
or
Allison & Partners
Diana Torralvo, 310-496-4439
Diana@allisonpr.com

Source: The Allen Group

© 2007 Business Wire: www.home.businesswire.com

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