homepage home
subscribe to Texas Construction magazine subscribe
newsletters free e-newsletter
advertise
industry jobs industry jobs
Mcgraw Hill Construction
Texas Construction Logo
Order Your RISK FREE Subscription
comment

Fort Worth Intermodal Airport, AllianceTexas, Celebrates 20 Years

Text size: A A

As it reached its 20th anniversary on Dec. 14, AllianceTexas has had a $36.4 billion economic impact on North Texas. The 229 companies that now call the development home have built 31.2 million sq ft and created 28,000 jobs. Since the development began, the companies and residents of the AllianceTexas also have paid more than $730 million in property taxes, including more than $105 million in 2008.

Fort Worth Alliance Airport opened on Dec. 14, 1989 as the world’s first industrial airport and the centerpiece of an Alliance development that initially was designed to attract air cargo and aerospace manufacturing facilities. The subsequent addition of the BNSF Intermodal Facility on the west side, along with the existing Union Pacific mainline to rail serve buildings on the east side of the development, as well as the FedEx Sorting Hub, created an inland port intermodal logistics hub that is now the prototype for similar projects across the country.

As the project continued to grow and become more diversified with the addition of office, residential, entertainment and retail, Hillwood rebranded the development as AllianceTexas, which now includes several developments, residential communities and a town center.

 

----- Advertising -----
Blogs: Texas & La. Staff
Our blog delivers the latest news, insights, and opinions about Texas & Louisiana construction.
Reader Photos
Photos from ENR Texas & Louisiana Photo Showcase
Dodge Lead Center
Search for local construction projects OR CALL 877-234-4246 and get a FREE Lead Now!
Search by Project Type & State





----- Advertising -----
 Reader Comments:

Sign in to Comment

To write a comment about this story, please sign in. If this is your first time commenting on this site, you will be required to fill out a brief registration form. Your public username will be the beginning of the email address that you enter into the form (everything before the @ symbol). Other than that, none of the information that you enter will be publically displayed.

We welcome comments from all points of view. Off-topic or abusive comments, however, will be removed at the editors’ discretion.