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AllianceTexas continues to be economic engine driving far north Fort Worth

Posted Feb. 19, 2016

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aerial photo of large area
AllianceTexas is a 17,000-acre master-planned, mixed-use community in far north Fort Worth. It is recognized as the fastest growing area of the nation’s fastest growing large city.

AllianceTexas is estimated to have a $4.32 billion economic impact for 2015, Mike Berry, president of Hillwood Properties, told the City Council.

The 2015 figure brings the total for the 26-year-old development in far north Fort Worth to $59.69 billion. Insight Research Corp. of Dallas compiled a report that totaled investments and the value of jobs at the development.

Berry said more than 4,000 new jobs were added at Alliance in 2015. More than 44,000 people now work at 425 companies in the Alliance corridor.

Hillwood Properties, developer of Alliance, pays property taxes to Fort Worth, Roanoke, Haslet, Westlake, Tarrant County and Denton County, in addition to the Keller and Northwest school districts. Fort Worth has received $304 million in property taxes since the inception of the project. Alliance paid $25.9 million in taxes to Fort Worth in 2015.

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