The City Council is moving forward cautiously with a plan to annex nearly 33 acres south of County Road 400 North for an industrial development.

Great Lakes Capital, based in Granger, plans to erect a 300,000-square-foot industrial development. That includes a 210,000-square-foot warehouse and another at 75,000 square feet. Ceiling heights would be 32 feet.

“We’d love to be part of the city,” Great Lakes Capital’s Isaac Hall told the council. “We know that there is a huge demand for industrial space in the area.”