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May 22, 2015

DFW Airport flies in economic growth

DALLAS-FORT WORTH - DFW International Airport is an important force behind Texas’ growth and a contributor to one of the nation’s most prosperous and vital economies. DFW Airport is the...
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by
Texas Real Estate Business

DALLAS-FORT WORTH – DFW International Airport is an important force behind Texas’ growth and a contributor to one of the nation’s most prosperous and vital economies.

DFW Airport is the world’s third busiest — offering non-stop service to 148 domestic and 57 non-stop international destinations — and serves as a powerful engine for the Texas economy, boosting trade, creating jobs and attracting considerable investment to the surrounding region.

Launched in 2001 — located on approximately 432 acres of airport property — International Commerce Park was the first master-planned industrial/warehouse park at DFW.

The complex is located in a Foreign Trade Zone (FTZ), providing opportunities for imports and exports to facilitate the development of international trade and airfreight logistics to expand world air cargo growth.

Southgate Plaza — a mixed-use development on 30 acres being developed — will feature approximately 50,000 sf of restaurant and retail space, approximately 500,000 sf of office space and an on-site 137-room Hyatt Place hotel adjacent to the rental car center.

The economic forecast for Texas looks bright and the airport’s strategic position has made it a catalyst for growth in North Texas.

See DFW Market Research and DFW NewsTalk.

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Written by
Texas Real Estate Business
Last updated
Mar 28, 2024

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