Recognized as one of the most successful public-private partnerships in the nation, the 26,000-acre AllianceTexas development, in Fort Worth, Texas, has generated approximately $69 billion in economic impact, created nearly 48,800 jobs and dramatically transformed north Fort Worth and surrounding communities.
Comprising of the world’s first industrial airport, Fort Worth Alliance Airport, and including the Alliance Global Logistics Hub, AllianceTexas hosts the nation’s largest inland port. Formed from a collaboration between Perot business operations, the Federal Aviation Administration (FAA) and the City of Fort Worth, the AllianceTexas development came to be one of the most significant economic and employment drivers in the metroplex.
As additional industrial, office, retail, and residential developments were added to the AllianceTexas master plan, more partnerships were formed. Today, Hillwood actively maintains public-private partnerships in four cities, Fort Worth, Roanoke, Haslet and Westlake; two counties, Tarrant and Denton; and two Independent School Districts, Keller and Northwest.
In 2012, AllianceTexas surpassed the $1 billion milestone in paid property taxes to its eight taxing entities. Robust job centers, affordable, quality housing and a sustainable community that offers a quality lifestyle for its residents are a few of the reasons why AllianceTexas has become a leading destination for residents and businesses.
Together with public partners, Hillwood transformed the region into a vibrant, economic engine that supports best-in-class corporations as well as a high quality of life.
Early Days and AllianceTexas Growth
It was, perhaps, a little-known study produced for the City of Fort Worth that provided the first spark needed to launch AllianceTexas.
H. Ross Perot, Jr. determined in the early 1980’s that the northwest corner of the Fort Worth Metroplex area was underdeveloped and offered significant potential for real estate development. At the same time, the Federal Aviation Administration (FAA) conducted an analysis of the Dallas-Fort Worth Airport operations to determine the region’s future aviation needs. This study determined that the growing amount of air traffic from the Dallas-Fort Worth International Airport (DFW) would result in over-congestion in the near future. To relieve the strain at DFW, the FAA decided to establish a reliever airport for general aviation in each of the four corners of the Dallas-Fort Worth Metroplex.
By 1985, the Federal Aviation Administration (FAA) had begun seeking a location for this relief facility. A number of small North Tarrant County cities voiced interest in the project. However, the expansive acreage that would be needed required the FAA to look to private landholders.
By this time, the Perot family had accumulated more than 10,000 acres of undeveloped land in the area and was predicting strong future growth in Tarrant and Denton counties. The North Texas Council of Governments and the FAA approached Perot about donating the land for the construction of the reliever airport because of the family's reputation for providing acreage for such public ventures.
The vision for growing the project from a reliever airport to an industrial airport came after discussions with key industry leaders, who advised that a reliever airport was too small. Ross Perot, Jr. began to envision an industrial development with an airport as an anchor that would spur regional growth and attract leading corporations.
With funding and support from the FAA, the City of Fort Worth and Hillwood, the world's first industrial airport, Fort Worth Alliance Airport, was designed and developed. The name "Alliance" refers to the public-private partnership between these three entities.
When the airport opened in 1989, negotiations with two anchor tenants were underway for the BNSF intermodal facility and the American Airlines Maintenance and Engineering facility. These cornerstone operations would set the stage for further industrial growth in the area. A second public-private partnership between Hillwood and the State of Texas to build a new highway with access to DFW (State Highway 170), and later an on-site U.S. customs facility and Foreign Trade Zone, would further enhance the project’s viability and use.
With the completion of BNSF Railway's Alliance Intermodal Facility in 1993, Alliance became the model for inland ports, with abundant acreage surrounding direct access to air, rail, intermodal, and highway transportation options.
The collaborative partnership approach displayed in AllianceTexas has transformed north Fort Worth into one of the world’s finest logistical centers as well as a place to live and work.
For more information on AllianceTexas and its specific projects, please visit AllianceTexas development.