|
The growth in the Alliance area of Fort Worth has yielded a return on investment in the billions.
The gist: Mike Berry, president at Hillwood, a commercial and real estate development company, provided the yearly AllianceTexas update to the Fort Worth City Council during a work session meeting Feb. 24.
He said the economic impact in 2025 was $12.9 billion, and the estimated regional economic impact since opening 36 years ago is $142.9 billion.
“So from the standpoint of the city and the region, we hope it simply continues to grow,” Berry said.
Total investment in AllianceTexas reached $18.3 billion in 2025, including $16.7 billion from the private sector and $1.6 billion in public investment such as roads, schools, public safety facilities and other infrastructure, according to a news release.
The specific: AllianceTexas, a 27,000-acre master-planned mixed-use development, has 602 companies and supports more than 73,000 jobs, the news release states.
According to the previous reporting, Alliance accounted for 590 companies and 66,000 jobs in October.
|