Hillwood
Hillwood is a multinational real estate development company, part of the Perot family of companies, known for projects like AllianceTexas and Frisco Station, and for its commitment to sustainable development.
Company Overview
Hillwood is a multinational company specializing in real estate development. Founded in 1988 as part of the Perot family of companies, Hillwood's expertise spans industrial logistics, corporate offices, mixed-use urban projects, and master-planned residential communities. Hillwood has developed and acquired 270 million square feet of industrial space and 48,000 single-family lots. The company also emphasizes sustainable development and has been recognized as a Green Power Partner by the EPA.
Major Developments: AllianceTexas
AllianceTexas is a master-planned development by Hillwood Properties, encompassing 27,000 acres. This development includes industrial, logistics, corporate office, retail, aviation, and multifamily housing. AllianceTexas has significantly impacted its region, generating over 66,000 jobs and an estimated $120 billion in economic activity. The project highlights Hillwood’s ability to deliver comprehensive, multi-sector real estate developments.
Hillwood Industrial-Logistics
Hillwood Industrial-Logistics focuses on building industrial real estate across North America and Europe. This division has reached an impressive milestone by developing and acquiring 270 million square feet of industrial space. Hillwood seeks to deliver excellence in industrial real estate through innovative designs and strategically located projects to meet the growing needs of global logistics and distribution.
Hillwood Urban Projects
Hillwood Urban handles office, mixed-use, build-to-suit, hospitality, and civic developments. Notable projects include Victory Commons One, a 15-story, 352,000-square-foot office building in Dallas, and a Class A office portfolio acquired in Irving, Texas, in 2024. Hillwood Urban also partnered with Steelcase to create a WorkLife Center at Victory Commons One, showcasing its commitment to modern, flexible work environments.
Community Impact and Sustainability Initiatives
Hillwood is committed to supporting first responders, military families, and underserved communities. The company believes in sustainable development practices and employs LEED® Environmental Design Accredited Professionals. Hillwood’s sustainability efforts have been recognized by the EPA, earning the company the status of a Green Power Partner. These initiatives reflect Hillwood’s dedication to creating positive social and environmental impacts alongside its real estate development projects.