Breaking Ground

Creation Begins Construction on 635 Exchange Amid Surging Industrial Demand in Northwest Dallas

Creation and LGE Design Build team turning ceremonial shovels at the 635 Exchange groundbreaking

Class-A Industrial Campus Transforms 36-Acre Former City of Dallas Landfill into Rare Infill Space with Direct Highway Access

Nationally recognized, Dallas-based developer Creation, in partnership with PGIM, has begun construction on 635 Exchange, a three-building, 600,000-square-foot logistics hub at I-35E and I-635.

Yesterday, partners, investors and city officials joined developers to celebrate the construction milestone with a ceremonial groundbreaking on the 36-acre former City of Dallas landfill. As part of the celebration and its commitment to the community, Creation made a $25,000 donation to benefit CLC, Inc.’s YouthBuild program, a nonprofit that empowers at-risk youth by providing education, job training and leadership development opportunities.


Exterior rendering of a modern single-story commercial/industrial building with gray panel siding accented by vertical yellow-orange stripes and large tinted glass storefront windows and doors. Cars are parked in front, including a red sedan near an EV charging station, with landscaped greenery, trees, and a paved driveway surrounding the building under a partly cloudy sky.

635 Exchange

“Breaking ground on 635 Exchange represents a significant achievement for our team and partners,” said Taylor Mitcham, principal of Texas for Creation. “Obtaining a Subchapter T permit in roughly 12 months for a former landfill is very impressive, and it couldn’t have been done without the expertise of our consultants – LGE Design Build, Vertex, Kimley Horn, Reed Engineering and the support of PGIM Real Estate. With limited new industrial supply in this submarket, this project comes at an ideal time to meet growing tenant demand and set a new standard for Class-A space.”

The campus is located in one of Dallas’s densest industrial corridors, making it one of the most significant logistics developments in the region. 635 Exchange will feature building clear heights of 32 to 36 feet, abundant trailer parking and multiple points of highway access. Its design and layout are crafted to accommodate a range of tenant requirements, providing flexibility and scale rarely found in infill submarkets.

“We are delighted to join forces with Creation on this high-caliber project, which not only reflects the strength of the Dallas industrial market, but also underscores our conviction in the value of strategic partnerships to unlock long-term growth,” said Soultana Reigle, Head of U.S. Equity for PGIM’s real estate business. “With PGIM’s proven capability in sourcing and executing differentiated real-estate investments, and our partner’s development expertise, we believe this transaction offers a compelling opportunity to deploy capital into a logistics asset poised to benefit from structural tailwinds in supply-chain optimization and e-commerce demand.”

Conclusion

LGE Design Build is leading architecture and construction, with delivery scheduled for late 2026.

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Creation Capital Management

Texas - HQ

1280 E Levee St Dallas, TX 75207

Arizona

1200 N 52nd St Phoenix, AZ 85008

Florida

442 W Kennedy Blvd, Ste 280 Tampa, FL 33606

©

2026

Creation Capital Management LLC. All rights reserved

Talk to the team

For investors, capital partners, and brokers.

Social Media

Creation Capital Management

Texas - HQ

1280 E Levee St Dallas, TX 75207

Arizona

1200 N 52nd St Phoenix, AZ 85008

Florida

442 W Kennedy Blvd, Ste 280 Tampa, FL 33606

©

2026

Creation Capital Management LLC. All rights reserved

Talk to the team

For investors, capital partners, and brokers.

Social Media

Creation Capital Management

Texas - HQ

1280 E Levee St Dallas, TX 75207

Arizona

1200 N 52nd St Phoenix, AZ 85008

Florida

442 W Kennedy Blvd, Ste 280 Tampa, FL 33606

©

2026

Creation Capital Management LLC. All rights reserved