Keller - Roanoke - Northeast Fort Worth | November 2024

BY COLBY FARR

How it happened

What’s next?

AllianceTexas timeline and impact

Fort Worth

Tarrant County Keller ISD

The airport opened under a public-private partnership between the Hillwood development company, the city of Fort Worth and the Federal Aviation Administration. The AllianceTexas development has since grown to impact Roanoke, Westlake, Northlake, Denton County, Keller ISD and other entities. In addition to the 66,198 jobs the development is projected to have created, more than 162,000 indirect jobs are estimated to have come from the development as well, according to the economic impact report. Job creation can indicate location and project sustainability, said Jann Miles, a planner for Workforce Solutions for Tarrant County. In the case of AllianceTexas, Miles said she believes it’s attractive for its ability to move goods anywhere within the North American continent. AllianceTexas has also had a direct impact on the communities it’s located in. The overall devel- opment is estimated to have contributed more than $3.8 billion in property taxes to multiple cities, school districts and counties since 1990, according to the economic impact report. The development was estimated to have a $9.84 billion economic impact on the region in 2023 alone. For a place like Roanoke, that impact can be seen in its daytime population. The city’s Eco- nomic Development Manager Siale Langi said the AllianceTexas development has helped increase the city’s daytime population to 60,000 people a day. Roanoke’s residential population was esti- mated at 10,798 in 2023, according to data from the U.S. Census Bureau. The increase in daytime population can mean an increase in customers for local businesses in the city, Langi said.

Heading into 2025, the airport still has some preexisting office and hangar space available for leasing, Burton said. The airport also has about 500 acres of land nearby that’s available for development. Embraer, a commercial jets manufacturer, announced it was expanding to the airport with a new service center in October 2024. The company is expected to begin operations in 2025 within a preexisting facility while a new facility is expected to finish construction in 2027. Embraer is expected to bring 250 new aviation jobs to the area. AllianceTexas wants to continue attracting companies that can take advantage and benefit from the development’s infrastructure, Burton said. Burton and Childs agreed that it was important to maintain the infrastructure of the airport and surrounding area while attracting new companies to the area. In paraphrasing AllianceTexas founder H. Ross Perot Sr., Childs said the key to a successful business was to run it with the same vigor and enthusiasm as a 30-year-old.

Roanoke

1992 BNSF Railway's Alliance Intermodal Facility breaks ground 1989 Fort Worth Alliance Airport opens Airport history

Direct property taxes generated

$561K $291K $199K $324K

1994 BNSF Railway’s Alliance Intermodal Facility opens

$1.42M $586K $191K $793K

1995 FedEx Southwest Regional Sort Facility breaks ground 2017 Airport completes 11,000-foot runway extension

$1.82M $736K

$191K $1.1M

$40.54M

$47.59M

$3.89M

$38.59M

"Our goal is to attract the best companies in the world that are working on new and innovative activities." BILL BURTON, EXECUTIVE VICE PRESIDENT OF MARKETING AND DEVELOPMENT, ALLIANCETEXAS

$53.43M $53.44M

2019 Amazon opens regional air hub at the airport

$4.35M

$47.86M

2022 Airport was

$63.68M

$57.44M

renamed to Perot Field Fort Worth Alliance Airport

$5.13M

$56.09M

SOURCE: HILLWOOD/COMMUNITY IMPACT

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KELLER - ROANOKE - NORTHEAST FORT WORTH EDITION

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