Hillwood Commons Launches Office Development
Transcription
Hillwood Commons Launches Office Development
SPECIAL YEAR-END EDITION VOLUME XV ★ 2015 A D E V E L O P M E N T O F H I L LW O O D Hillwood Commons Launches Office Development at Alliance Town Center Taking Off An Uncommon Destination Labor of Love Industrial Evolution VOLUME XV CONTENTS 2015 FOR INFORMATION ON: INDUSTRIAL, OFFICE AND RETAIL DEVELOPMENT AT ALLIANCEHTEXAS Contact: Bill Burton, Steve Aldrich, Tony Creme, Mark Miller or Reid Goetz 817.224.6000 AllianceTexas.com 2 Welcome Letter 1 Taking Off 2 The Sky’s The Limit 5 An Uncommon Destination 6 Labor of Love 10 Opening Doors to Opportunity 13 Timeline: A Year of Great Success 14 Facebook “Likes” AllianceTexas 16 Industrial Evolution 18 Asset Alignment 21 Paving the Way 22 AllianceTexas Map 24 Facts at a Glance 25 6 PROPERTY MANAGEMENT SERVICES Contact: Doug Johnson 817.224.6000 AllianceTexas.com ALLIANCE LANDSCAPE COMPANY Contact: Tom Harris or Tony Gile 817.224.6000 AllianceTexas.com 18 Black Horse Carriers Fort Worth Surgical Specialists Mobility Marketplace Booster Fuels Funky Monkey Panera Bread Burger King GDC Technics Pei Wei Charming Charlie Heart Center of North Texas Pigtails & Crewcuts Chipotle Jersey Mike’s Subs Pinnacle Pain Management Chuy’s Lincoln Harris Corporate Services Group Quietside / Samsung Computer CPR Diamond Minds EECU Envy Nails FAA Facebook Farmer Bros. FedEx Ground Logistics Plus Lone Star Surgical Consultants Los Cuando Best Burritos Martin Baker Medical Center Alliance Metroplex Foot & Ankle Metroplex Vapor Mind Above Matter HILLWOOD MULTIFAMILY Contact: Mark McHenry or Chris Price 817.224.6000 AllianceTexas.com EMPLOYEE RECRUITMENT SERVICES Contact: Andre Johnson Alliance Opportunity Center 817.548.5274 AllianceOpportunityCenter.com SageWater Village Sunstone Yoga Sylvan Learning Center TEKsystems Texas ENT Center Three Dog Bakery Title Source UPS Walmart.com CONGRATULATIONS ON YOUR RENEWAL OR EXPANSION! Bridgestone Americas Tire Operations SC Johnson Trican Well Service GROUND SUPPORT SERVICES AND HANGAR SPACE AT FORT WORTH ALLIANCE AIRPORT Contact: Tom Harris or Chris Ash 800.318.9268 AllianceAviationServices.com URBAN LIVING AT ALLIANCE TOWN CENTER Monterra Village SageStone Village SageWater Village Contact: Britney Ward 817.337.1600 WELCOME NEW CORPORATE RESIDENTS! Clinical Pathology Laboratories AIR CARGO/FOREIGN-TRADE ZONE SERVICES Contact: Tom Harris or Steve Boecking 817.224.6000 AllianceTexas.com AllianceHTexas magazine is published in the United States by: Hillwood Development Company, LLC 13600 Heritage Parkway, Suite 200 Fort Worth, TX 76177 817.224.6000 ©2015 Hillwood Development Company, LLC. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission of the publisher. Hillwood, AllianceHTexas, Alliance, Heritage, Circle T Ranch, Lone Star Crossing, Alliance Town Center, Monterra Village and certain other marks are service marks of Hillwood Development Company, LLC, or its affiliated companies. Other proprietary designations appearing in this publication are the marks of third parties, as indicated. Dear Friends, HILLWOOD PROPERTIES HAS MADE SOME SIGNIFICANT ACCOMPLISHMENTS in 2015 for AllianceTexas that we are proud to showcase in this year’s magazine. The past18 months has been the busiest and most exciting time in commercial real estate that I have seen in more than a decade. The late-2014 opening of the 155,000-square-foot Hillwood Commons I at Alliance Town Center brought fully amenitized, luxury office space for north Fort Worth. Businesses have been quick to recognize the immense value of locating inside a master-planned community that offers everything they and their employees need for work — and for living beyond the office, too. The Hillwood Commons office program is the latest step in the long-planned evolution of AllianceTexas from the world’s first industrial airport to a logistics powerhouse, and today, as a fully realized, 18,000-acre, master-planned community with every real estate asset class. To grow and prosper, businesses need a skilled workforce. Hillwood Properties continues its commitment to the current workforce through the Alliance Opportunity Center, which moved to a bigger, more centrally located, and service-enhanced office this year. M i k e B e r ry The airport also celebrated the 25th anniversary of the Bell Helicopter Fort Worth Alliance Air Show. This worthy, non-profit and fun event does so much for local charities, while entertaining and educating the community about aeronautics and aviation, one of the major industries that keep the region’s economy flying high. The completed relocation of FM 156 and the main BNSF rail line opens the way for construction of the runway expansion, which began this year and, ultimately, will enable Fort Worth Alliance Airport to offer non-stop routes to cities in Europe (and beyond) for industrial and cargo carriers. Regional and local connectivity is essential, too. Hillwood, which helped establish the 35W Coalition in 2006, continues to support increased funding to improve and expand the heavily used I-35W corridor. To that end, we realized a significant milestone this past year, as construction finally got underway on the highway’s most-travelled segment between Downtown Fort Worth and U.S. Hwy. 287. Beyond the infrastructure milestones, our real estate business has never been better, as AllianceTexas welcomed several of the world’s leading brands to the region, while gaining expansions from our valued existing customers, too. In August, with much fanfare, AllianceTexas became home to social media giant Facebook, which is building a massive data center facility to serve its more than 1 billion users. The announcement became one of the biggest national business stories of the year, and represents a $1 billion investment in the community, once completed. On the heels of the Facebook announcement, Walmart.com selected AllianceTexas for its second e-commerce fulfillment center, as well. 2015 also saw the launch of our newest sector, Alliance Northport, which will include more than 250 acres of industrial, retail and other potential uses. Located across I-35W from the Texas Motor Speedway, in the Town of Northlake, the Alliance Northport marks a new investment into the corridor by Hillwood and extends the AllianceTexas development deeper into Denton County. In closing, the foundation of our success directly connects to the success of our customers, and to that of the greater community. We’re looking forward to extending each of these successes into the future, ensuring a sustainable development that benefits each and every stakeholder. Sincerely, Michael K. Berry President, Hillwood Properties 1 Left: Recent enhancements to the Fort Worth Alliance Airport FBO include improved customer service facilities. TAKING OFF AT 25 YEARS AND COUNTING, ................................................................ FORT WORTH ALLIANCE ................................................................ AIRPORT CONNECTS NORTH ................................................................ TEXAS TO THE WORLD ................................................................ F ORT WORTH ALLIANCE AIRPORT continues to soar as an essential destination for aviation and logistics businesses that operate on a global scale. This year, a major milestone for the airport was realized when dirt was turned on the runway extension project after a 20-year effort to secure funding and complete infrastructure improvements. By extending both runways from their current lengths of 8,200 and 9,600 feet to 11,000 feet, Alliance Airport will expand its range globally and allow long-haul cargo flights to take off in any weather conditions. The project has been a top priority for state and federal officials, and should be complete by the start of 2018. Since the project’s inception, the airport has secured funding from the FAA, the Texas Department of Transportation and Tarrant County. The public-private partnership, which created the industrial airport concept back in the mid-1980s, supports the runway extension because it will enable the airport to accommodate non-stop flights to almost anywhere in the world. The longer runways will give flights laden with cargo and fuel direct access to Europe or Asia, improving the shipping flexibility of the region’s many logistics companies. This new phase of the extension project involves dirt Above: GDC now occupies the entire hangar space on the former American Airlines maintenance facility. The company modifies next-generation aircraft for the luxury and business market. work to bring areas around the runway up to airport grade. This includes the former section of FM 156 as well as BNSF Railway’s previous rail line north of the runway. The FAA, the Texas Department of Transportation and other sources paid to relocate SH 156 and the BNSF Railway line. The railroad began using the new rail line in September 2015 and the new SH 156 has been in use since 2012. The runway extension project is just one of the many airport activities that made headlines this year. In early 2015, GDC Technics received the Fort Worth City Council’s approval for a 25-year lease of 840,000 square feet of space formerly occupied by American Airlines. “The scale of this hangar is unmatched in the industry, and we’re pleased that GDC took advantage of the opportunity so quickly,” said Tom Harris, president of Alliance Air Services, which manages the airport under contract from the City of Fort Worth. “Originally constructed to accommodate seven wide-body aircraft at the same time with the doors closed, the facility will provide GDC with a competitive advantage in the growing luxury aviation market.” 3 San Antonio, Texas-based GDC modifies next-generation aircraft, including the Boeing 787B, to unique specifications for customers worldwide. The company plans to add more than 600 jobs to its Alliance Airport operation over the next few years, according to Mohammed Alzeer, GDC general partner. Many of these positions will require high-level engineering expertise. “The Alliance facility enables us to accommodate our growing aircraft engineering, modification and systems development services in a world-class facility,” Alzeer said, describing the airport as “an aviation center that is invaluable to the region, the country and the world.” In addition to GDC joining the airport’s roster of customers, FedEx Ground added more than 300,000 square feet of space to the roughly 600,000 square feet of space that FedEx already operates at AllianceTexas. This new facility employs more than 350 workers and primarily serves the growing north Fort Worth area. According to the company, the facility will boost FedEx’s delivery speed due to its “ease of access to major highways, proximity to customers’ distribution centers and a strong local community for recruiting employees.” CEVA Logistics, one of the world’s leading non-asset-based supply-chain management companies, also opened a 100,000 square-foot-warehouse at the airport this past year. Adjacent to the runway, this warehouse location enables chartered flights to unload cargo directly into the new facility. While aviation- and logistics-related businesses have been busy developing, renewing or expanding activities, the airport has been busy enhancing its facilities for its business and general aviation customers. This includes Above: FedEx Ground has added more than 300,000 square feet of space to the roughly 600,000 square feet of space that FedEx already operates at AllianceTexas. 4 “THE ALLIANCE FACILITY ENABLES US TO ACCOMMODATE OUR GROWING AIRCRAFT ENGINEERING, MODIFICATION AND SYSTEMS DEVELOPMENT SERVICES IN A WORLD-CLASS FACILITY.” — MOHAMMED ALZEER GDC general partner Above: FBO enhancements also include a more expansive lobby, updated pilot lounge, technology upgrades throughout and new furniture within each space. a recent expansion and renovation of the FBO facility, with technology updates to the pilots’ lounge, space maximization of the flight-plan area and customer service enhancements to the greeting area and lobby. The airport’s FBO provides an unsurpassed hospitality experience for the business and aviation community, offering computer docking stations, wireless internet access capabilities and additional private meeting rooms. Its state-of-the-art infrastructure, world-class concierge services, and specialized corporate aviation support has maximized the facility’s efficiency, reinforcing it as an industry leader in customer service. Adjacent to the existing FBO will be the airport’s third and fourth community aircraft hangars, which Harris said have been in the planning stages and should be under construction in the near future. THE SKY’S THE LIMIT BELL HELICOPTER FORT WORTH ....................................................................... ALLIANCE AIR SHOW DRAWS ....................................................................... RECORD CROWD, STRENGTHENS ....................................................................... COMMUNITY CONNECTIONS ....................................................................... F OR THE PAST QUARTER CENTURY, Fort Worth Alliance Airport has hosted the annual Bell Helicopter Fort Worth Alliance Air Show, and this year’s 25th anniversary event proved to be one of the best ever, with more than 120,000 spectators enjoying in-flight demonstrations from more than 15 performers in September. This year’s show included two jet teams: the U.S. Navy Blue Angels, and for their first U.S. tour, the Breitling Jet Team. Managed by Alliance Air Productions, a 501(c)(3) non-profit organization, this premier event is among the top civilian U.S. air shows and supports multiple non-profits around North Texas. This includes its primary beneficiary, Carry the Load, which provides support to the families of fallen servicemen, servicewomen and first responders. Through the years, the air show has evolved from an event centered around aviation enthusiasts, to its role today as one of the community’s largest public events. Since 2006, the event has raised more than $400,000 for worthy causes supporting the air show’s mission. “We’re very proud of what the Bell Helicopter Fort Worth Alliance Air Show has come to represent,” said Tom Harris, president of Alliance Air Productions. “It not only showcases our region’s aerospace and aviation industries, but it also helps to connect our students to career pathways through activities conducted with aerospace employers during air show week. What used to be our Friday practice show, has become an opportunity for students from numerous school districts to make a day at the airport, touring its facilities, and ending the day experiencing the air show event. All of this culminates with greater turnout Above: The U.S. Navy Blue Angels soar above a record crowd at the 25th Anniversary of the air show. Area school districts participated in pre-event educational activities, as well as the show itself. over the weekend, benefiting non-profit organizations that support our troops, first responders and the broader community.” Bell Helicopter, which has been involved with this non-profit air show since its beginning, was the primary sponsor for the fourth consecutive year. “We feel like it really is the best way for us to engage our employees and their families, and to present aviation and aerospace to the broader North Texas community,” said JJ Cawelti, senior manager, corporate communications for Bell Helicopter. “It touches our stakeholders across the board.” 5 AN UNCOMMON DESTINATION HILLWOOD COMMONS ........................................................ LAUNCHES OFFICE ........................................................ DEVELOPMENT AT ........................................................ ALLIANCE TOWN CENTER ........................................................ O VER THE PAST QUARTER CENTURY, AllianceTexas has attracted a wide range of business opportunities. Its customers are represented by nearly every real estate asset class, including industrial, corporate campus, retail, medical, residential and multifamily, among others. As it matures, AllianceTexas is doing much more than thriving. The development is achieving its original vision for becoming a model of sustainable development by offering amenities and facilities that enable community members to live longer, healthier, happier lives. This progression is most apparent at Alliance Town Center. In recent years, the development has enhanced its retail mix with residential, multifamily and medical 6 offerings. With the launch of Hillwood Commons at Alliance Town Center, this unmatched real estate mix now extends to fully amenitized office space for businesses, large and small. AllianceTexas has provided office space for more than a decade; however, there has been no luxury office space available along the highly desirable I-35W Alliance Corridor north of downtown Fort Worth, which has been identified as the fastest-growing sector of the fastest-growing large U.S. city. Offering 155,000 square feet, divided between three flexible spaces, Hillwood Commons I (the first planned office building in the program) is a game changer for companies looking to locate in north Fort Worth. It is the first of several million square feet of office space planned for the 900-acre Alliance Town Center. “There simply is no comparable office park between downtown Fort Worth and AllianceTexas,” said Bill Burton, executive vice president of Hillwood Properties. “With the enormous population growth along the Alliance Corridor, 2015 became the year we made a concerted effort to expand office space at Alliance Town Center.” Title Source, the nation’s largest independent provider of title insurance, property valuations and settlement services, was the first office tenant at Hillwood Commons I. Left: Hillwood Commons I establishes the luxury corporate office market in far north Fort Worth. “WE’RE VERY EXCITED ABOUT THE GROWTH POTENTIAL AND THE AVAILABLE EXPANDED OFFERINGS OF LUXURY OFFICE SPACE AT ALLIANCE TOWN CENTER.” — STEVE ALDRICH Vice President Hillwood Properties Growing rapidly, Title Source moved 60 Texas team members into approximately 10,000 square feet of space, according to Jason Silva, director of Title Source Texas. The company, which is headquartered in Detroit, has already added 10 team members to its Texas division since moving into the space, and plans to add more in the near future. The location of Hillwood Commons I sets the office building apart as a true recruiting and retention advantage for employers. Companies may initially be attracted to the building for its expanses of square footage designed with 10-foot-high ceilings, an elegant three-story atrium trimmed with distinctive wood and stone accents, and energy-efficient construction. Ample parking space was another big factor in favor of Hillwood Commons I, Silva pointed out. Hillwood Commons I is also designed to accommodate a wide range of office configuration requirements. Just 10 percent of the space is devoted to hard-walled offices. The rest is open for breakout or huddle rooms that foster the collaborative working situations preferred by many businesses today. Practical, cost-saving resource conservation is integral to Hillwood Commons I’s design. Windows are floor-to-ceiling Above: Alliance Town Center North will offer expanded dining and retail options, which will serve the growing office, medical and residential community in the corridor. with double-pane 1-inch insulated glazing and SOLARBAN 60 Low E coating. There is a bicycle storage area; charging stations for electric vehicles can be provided; and certain parking spaces are designated for low-emitting and fuel-efficient vehicles. Low-flow water fixtures throughout the structure help cut water consumption, as does the water-efficient landscaping using drought-tolerant native plants. The building is designed with the capability to harvest runoff water from building rooftops, parking lots and surrounding property for non-potable uses. Title Source is not the only new arrival. The Federal Aviation Administration (FAA) relocated 1,750 employees to its new, 357,000-square-foot Southwest Regional Headquarters at Hillwood Commons in 2015. The addition of these new office residents is already changing the daytime experience at Hillwood Commons and at Alliance Town Center by transforming the development into a vibrant urban center during both day and evening hours. “We’re very excited about the growth potential and the available expanded offerings of luxury office space at Alliance Town Center,” said Steve Aldrich, vice president of Hillwood Properties. “Hillwood Commons is the perfect destination for companies wanting an unmatched office environment with direct access to the shopping, dining, medical, residential and entertainment destinations.” “The amenities surrounding Hillwood Commons played a key role in the decision to move there,” Silva said. “Team members were very vocal about it. The dining, the entertainment and the shopping in the area were quite the 7 Above: An expansive Courtyard by Marriott, which includes full-service banquet facilities, will open in spring 2016. The FAA Southwest Regional Headquarters opened in Fall 2015, relocating 1,750 employees into a 357,000-square-foot office complex. buzz leading up to our move.” reserve called Bluestem Park (see insert on Page 9). Hillwood Commons is a part of Alliance Town Center Hillwood Properties is reclaiming this terrain that North, which is attracting a wide range of new dining and was altered 70 years ago for agricultural purposes, to retail options, such as Chipotle and Pei Wei, to directly provide a calming community centerpiece in partnership serve the office community, in addition to the continually with the Lady Bird Johnson Wildflower Center. With a growing business and residential community in the corridor. restored stream flowing through it, this verdant oasis For a lunch break or after-office-hours meals, Alliance offers benches and provides paved pathways that Town Center boasts dozens of dining options, with more connect it to two major trail systems winding throughout opening constantly. Shopping options include a strong mix the residential areas of Alliance Town Center. The park of national retail chains and independent boutiques. And is one of only three Lady Bird Johnson Wildflower Center throughout the year, Hillwood organizes multiple events collaborations in North Texas. onsite, in addition to larger community events like the “Hillwood’s commitment to stewardship has been annual Fort Worth Alliance Air Show, which celebrated a lasting theme during the quarter century of AllianceTexas’ its 25th anniversary in 2015 (see development,” said Russell Laughlin, story on Page 5). executive vice president of “THE TOTAL PACKAGE The Dallas/Fort Worth area’s Hillwood Properties. “Bluestem first 100 percent non-smoking Park represents the culmination of PROVIDES ALLIANCE TOWN community, Alliance Town Center’s everything we’ve learned during that CENTER CUSTOMERS AND residential properties include 856 time, and is a project that was more high-quality multifamily options. than a decade in the making. RESIDENTS ALIKE WITH One of these options is the 303-unit From a green space perspective, EVERY LIFESTYLE SageWater Village, which provides it’s the crown jewel of the entire high urban sophistication with easy AllianceTexas development and is AMENITY, SERVICE AND access to work, shopping, dining unlike anything else in the North WORK OPTION THAT ONE and recreational destinations, to suit Texas region.” numerous lifestyle needs. The 306 This sustainability aspect of COULD IMAGINE.” unit SageStone Village offers one-, this project is in line with Hillwood’s — RUSSELL LAUGHLIN two- and three-bedroom, three-story company values and the belief that Executive Vice President apartment homes with attached true ecological development has Hillwood Properties garages and floor plans that average environmental, economic and social 940 square feet. In addition, Monterra Village provides elements that benefit all stakeholders. Bluestem Park’s 550 townhomes and traditional-style apartment homes. components of walkability and native landscape restoration Equally compelling for businesses, however, is have resulted in one of the largest original native prairie the prospect of becoming a valued member of a thriving, and stream restoration in the state. master-planned community that provides everything necessary “One of the aspects that we’ve enjoyed most about for living life to the fullest, including the availability of this project has been the ecological training of Hillwood’s green space. Alliance Landscape Company in how to maintain and care Most urban office buildings available in the market for these native systems over the long term,” said Michelle today are surrounded by concrete and highways, not green Bright, environmental designer at the Lady Bird Johnson meadows and peaceful waters. In sharp contrast, Hillwood Wildflower Center. “We’re excited that many of the strategies Commons I overlooks a 14-acre prairie grassland used on this project will also be replicated throughout 8 Above: Alliance Town Center has a robust medical district, with three onsite hospitals (including a soon-to-open Cook Children’s facility), as well as a cardiovascular center, surgical center and medical offices. Hillwood’s real estate holdings in the area.” Ecological thinking and planning literally run throughout Alliance Town Center and Hillwood Commons. Alliance Town Center was one of the first two projects in Texas to receive LEED Neighborhood Development certification by the U.S. Green Building Council. Underneath the streets and sidewalks, Hillwood has added pipe to the sewer system that is specifically designed to enable future recycling of wastewater for non-potable uses such as irrigation. The goal is to reduce water costs, saving money for businesses and residents alike. Another goal for the design of Alliance Town Center and Hillwood Commons is to provide lifestyle options that make it easier for residents and employees to make healthier choices. Hillwood is working with the anchors of the burgeoning medical district through various health and wellness programs, to create facilities and amenities that help people live longer, healthier and happier lives. This includes the creation of walkable communities, the inclusion of trails and recreational green space throughout the development, the availability of healthy eating options and close proximity to a wide range of medical services. Serving the healthcare needs of Alliance Town Center’s residents are Medical Center Alliance and Texas Health Harris Methodist Hospital Alliance, two of the nation’s largest hospital systems (HCA and Texas Health Resources). In addition, the Wise Regional Health System operates a cardiovascular clinic, and construction is underway for a new Cook Children’s Medical Center, set to open next year. “The total package provides Alliance Town Center customers and residents alike with every lifestyle amenity, service and work option that one could imagine,” added Laughlin. “Coupled with a natural environment that emphasizes health and wellness, it’s a destination that brings out the very best in Texas living.” BLUESTEM PARK OFFERS ........................................................ VIEW OF NATIVE TEXAS ........................................................ LANDSCAPE ........................................................ When Bluestem Park at Alliance Town Center opens in spring 2016, it will provide an unprecedented showcase of iconic Texas landscaping within an urban setting. That’s because the 14-acre park is so much more than a gathering space for programmed activities and recreation. It is one of the the largest original native prairie and stream restoration projects in the state of Texas. Residents of all ages will have a chance to learn more about this native environment in the park’s classroom and through educational displays throughout the property. In consultation with the Lady Bird Johnson Wildflower Center in Austin, Texas, Hillwood Properties is reclaiming land that was altered in the 1940s for agricultural purposes and returning it to its original terrain. The project includes restoration of a natural stream that had been turned into a man-made pond for watering cattle. Aerial photos from the early 1940s provided landscape designers with a roadmap for recreating the original stream, while the Lady Bird Johnson Wildflower Center provided guidance for selecting and planting native grasses, trees, wildflowers and other prairie plants. The result is a native landscape that has not been viewed in its original state for more than 70 years. Bluestem Park will be a functional, sustainable piece of land where people can feel like they are getting away from the city and simply enjoy the natural landscape of the region. It is the culmination of a 25-year effort to incorporate sustainable practices into all of Hillwood’s development efforts, and will certainly be a valuable asset for AllianceTexas for many years to come. 9 LABOR OF LOVE LONG-TERM EFFORTS ...................................................... YIELD LARGE DIVIDENDS ...................................................... FOR ALLIANCE★TEXAS ...................................................... EMPLOYERS ...................................................... A CCORDING TO THE LAST U.S. CENSUS, Fort Worth was identified as one of the fastest-growing major cities in the U.S., and much of this growth is happening along the AllianceTexas Corridor. This rapid growth means that an ever-increasing labor pool of highly skilled workers is available to AllianceTexas employers, and the developer is establishing a number of unique partnerships to make it easier than ever for companies to connect with top-tier workers. Regionally, North Texas offers one of the most educated labor pools in the nation. More than 850,000 individuals have a bachelor’s degree, and nearly half of these individuals have graduate or professional degrees. 10 Add to this mix a number of retired military personnel and a large number of individuals with specialized trade certifications and licenses, and North Texas becomes an ideal location for job recruitment. Gaining access to this labor pool is a major reason that more than 60 FORTUNE 500 companies have established substantial operations at AllianceTexas, including Amazon.com, CEVA, FedEx, Lockheed Martin, UPS, Walmart.com and Facebook, which is constructing a massive $1 billion data center set to open in the next year. However, while a large, highly skilled labor pool may be at their fingertips, many companies struggle with finding the right strategies for engaging with these job candidates. Recognizing the importance of helping companies recruit and retain skilled workers, Hillwood spearheaded the 1998 creation of the Alliance Opportunity Center (AOC), a satellite workforce center that engages public and private organizations in an effort to place qualified job candidates. The AOC partners include the Texas Workforce Commission, Workforce Solutions for Tarrant County, Workforce Solutions of North Central Texas, the Fort Worth Chamber of Commerce, Tarrant County College, The T and Hillwood. The AOC, which recently moved into Above: The Alliance Opportunity Center has been an important factor in AllianceTexas’ long-term ability to connect job seekers with employers, providing a one-stop shop where candidates’ skills and experience are matched to available jobs at the more than 400 companies located within the development. a permanent storefront at Alliance Crossing (see story on Page 13), offers free job placement services, matches job applicants with AllianceTexas employers’ workforce needs, provides applicant screening for qualified referrals to employers, maintains a current job applicant database and assists with establishing training programs. “In logistics and warehousing, labor is 30 percent of a business’s cost,” said Bill Burton, executive vice president of Hillwood Properties. “We are committed to doing whatever we can, such as operating the Alliance Opportunity Center, to help the companies at AllianceTexas manage their labor and other costs.” “The Alliance Opportunity Center is the result of our will to build something that would be a true asset to this community and that would bring added value to local businesses,” said Andre Johnson, center manager of the Alliance Opportunity Center. “By streamlining the process for AllianceTexas employers to tap into our workforce, we are ensuring their long-term success.” The AOC has supported the recruitment efforts for a number of companies joining the AllianceTexas roster of tenants, including Amazon.com. “The Alliance Opportunity Center played an important role in the opening of the Amazon.com facility in 2013,” said Steve Boecking, vice president of Hillwood Properties. “Not only did the center assist in identifying and hiring the initial 3,000 employees, but the center also provided invaluable assistance to the company when it needed to hire an additional 2,000 seasonal staff members for the company’s local fulfillment centers.” While supporting the AOC’s efforts to match current job candidates to the businesses that need them today, Hillwood has always seen the need to bring forward the workforce of the future. “From the beginning, we recognized the importance of workforce education and training to the employers operating at AllianceTexas,” said Tom Harris, president of Alliance Air Services and a longtime champion of this issue. “Employers need a reliable and ongoing source of candidates whose education and training gives them the skills that match the jobs these businesses have available.” Hillwood’s longstanding, ongoing workforce development efforts have produced considerable results. In September of 2014, Tarrant County College opened its TCC Northwest Campus Center of Excellence for Aviation, Transportation and Logistics (CEATL), a 163,500-square-foot facility at Fort Worth Alliance Airport that was previously owned by Bell Helicopter. “The region obviously benefits from a workforce that’s educated and has the skills for 21st century jobs,” said Elva LeBlanc, president of Tarrant County College’s Northwest campus. CEATL consolidates all of TCC’s Northwest Campus’s aviation training under one roof along with technology 11 Above: Students from Tarrant County College’s Center of Excellence for Aviation, Transportation and Logistics are training to become the next generation of aviation, aerospace and logistics professionals at Fort Worth Alliance Airport. courses and its supply chain management program, which includes warehouse and transportation management classes. Among the aviation courses at CEATL are avionics technology, airframe and powerplant maintenance technology, advanced composite technology and professional pilot training. Along with technical training, CEATL offers classes in core academic areas to support degree-seeking students. One significant development has been bringing the CEATL program together with the University of North Texas’s four-year degrees in aviation and logistics to create a pathway for students to leave their work at CEATL with a pilot’s license and an associate’s degree and then transfer to UNT’s four-year degree program. “Many commercial airlines require a four-year degree along with a certain number of hours in the cockpit,” Harris said. LeBlanc added that TCC also has agreements with Texas Christian University and University of Texas at Arlington for students to receive degree credit at these institutions. As a result of listening to businesses at AllianceTexas, TCC has added a two-year associate’s degree in logistics at CEATL. Associate’s degree graduates can transfer from CEATL to UNT for its four-year logistics degree, one of the best logistics programs in the country with 100 percent placement of its graduates, Harris pointed out. Additionally, Embry-Riddle Aeronautical University has established a campus at AllianceTexas to provide dynamic and specialized education programs in the field of aerospace science and aerospace engineering. Hillwood also worked with TCC’s Northwest Campus 12 to expand the next generation of workforce training and education to the high school level. Juniors and seniors at Fort Worth ISD, Keller ISD and Northwest ISD may now take advantage of dual-credit programs and receive TCC credit for their coursework. By the time they are 19 or 20, these young people can graduate from a TCC license program or an associate’s degree program because they started dual-credit classes in high school. In partnership with TCC and Embry Riddle Aeronautical University, Northwest ISD provides students with a premier educational experience through the Academy of Aeronautics & Aviation Sciences (AAAS) located at V.R. Eaton High School. The AAAS, through a partnership with TCC, offers an aircraft maintenance and professional pilot program, while the Embry Riddle Aeronautical University partnership features entry level courses where students can learn special topics in research, aviation/aerospace and navigation principles, introduction to airport/airline operations, governmental regulations and engineering. “Presented at V.R. Eaton High School, the AAAS attracts students who have a keen interest in the aviation and aeronautics career field, and it offers enhanced learning opportunities for those who are seeking entry-level certifications along with dual enrollment opportunities through TCC and Embry-Riddle Aeronautical University,” said Dr. Karen Rue, superintendent of Northwest ISD. “The program puts them on a fast track to a lifelong career in the high-paying and in-demand aviation and aerospace industry.” OPENING DOORS TO OPPORTUNITY AOC EXPANDS OFFERINGS ........................................................ WITH NEW STOREFRONT ........................................................ O N SEPTEMBER 16, HILLWOOD PROPERTIES and its workforce development partners celebrated the ribbon cutting of a new storefront for the Alliance Opportunity Center at Alliance Crossing (just west of the Westport Parkway and I-35W Intersection). The event was attended by local dignitaries that included U.S. Congresswoman Kay Granger, Tarrant County Judge Glen Whitley, Fort Worth Mayor Betsy Price and Fort Worth Chamber of Commerce President Bill Thornton, among others. Since 1998, the Alliance Opportunity Center has played a critical role in helping AllianceTexas companies meet their workforce needs by offering a wide range of job recruitment and placement services that connect businesses with qualified employees. The move enables the center to further leverage its resources and increase its capacity to serve job seekers and AllianceTexas residents. The Alliance Opportunity Center’s new, larger location provides greater visibility for job seekers, and offers specialized onsite, company-specific and position-targeted recruitment assistance, while also providing expanded technological connectivity and more space to conduct interviews. The Alliance Opportunity Center has become a true asset to the community that brings a great deal of added value to local businesses. The center’s services, which are provided free of charge to job seekers and employers, are offered through partnerships with the Fort Worth Chamber of Commerce, Workforce Solutions for Tarrant County, Workforce Solutions for North Central Texas, the Texas Workforce Commission, Tarrant County College, The T and Hillwood. 21,000 number of job seekers assisted over 15 years 82% job seeker placement rate 1,900 number of services proviced to AllianceTexas employers 13 2015: A YEAR OF GREAT SUCCESS Heritage Bag Company opens its new company headquarters and Southwest Division Manufacturing Facility at Alliance Gateway. May With much fanfare and extensive media coverage, Facebook breaks ground on 110-acre data processing center in the Alliance Gateway. Hillwood Properties announces AllianceTexas economic impact has surpassed $55 billion for the North Texas region. The Bell Helicopter Fort Worth Alliance Air Show announces a new partnership with Carry The Load, a successful non-profit that aims to restore the meaning of Memorial Day by helping the families of fallen military and first-responder heroes. Title Source signs lease for office space at Hillwood Commons I, officially launching the office component of Alliance Town Center. July January February FedEx Ground announces plans to build a new facility adjacent to the FedEx Southwest Regional Sort Hub at Fort Worth Alliance Airport. June Hillwood launches new Hillwood Urban division with Mike Berry serving as president. Berry will continue to lead development efforts at AllianceTexas, as well. Fort Worth Alliance Airport announces 11.5 percent increase in previous year operations figures. 14 Walmart.com selects Alliance Center North II as newest e-commerce fulfillment facility. The nearly 1 million-square-foot facility is located in the Alliance Center North sector and will handle larger items purchased online. August Fort Worth Alliance Airport begins next phase of construction on a massive runway extension project, deemed one of the most complicated and successful public-private partnership projects in the nation. Fostering workforce development programs for more than two decades, Fort Worth Alliance Airport receives the 2015 Industry Partner Appreciation Award from Tarrant County College. October September The non-profit Bell Helicopter Fort Worth Alliance Air Show celebrates its 25th anniversary with its largest-ever crowd. The air show touts new partnerships with area school districts, hosting more than 600 students from the Fort Worth, Northwest and Birdville Independent School Districts for the Friday preview show. November Hillwood announces plans to construct Watercrest at Alliance Town Center, a 350,000-square-foot senior independent living community located on more than eight acres. The Alliance Opportunity Center opens a new storefront at the Alliance Crossing retail center. The new facility provides technology enhancements and expanded offerings for job seekers and employers alike. 15 22 FACEBOOK “LIKES” ALLIANCETEXAS SOCIAL MEDIA GIANT .................................................. BREAKS . . . . . . . . . . . . . . . . . . .GROUND . . . . . . . . . . . . . . . . . . . .ON ........... MASSIVE . . . . . . . . . . . . . . . . . . . . .DATA . . . . . . . . . . . .CENTER ................. T HIS SUMMER, FACEBOOK AND ALLIANCETEXAS became “friends” when the social network giant broke ground on a $1 billion data center at Alliance Gateway. The new facility will consist of three, 250,000-squarefoot buildings on a 110-acre site. It will be one of the most advanced, efficient and sustainable data centers in the world, powered by 100 percent renewable energy, thanks to the 200 megawatts of new wind energy through Citigroup Energy, Alterra Power Corporation and Starwood Energy Group. Construction on the power project is currently underway on a 17,000-acre site in Clay County, 90 miles from the location of the data center. Due to its 1.5 billion users, as well as millions of users of its Messenger and Instagram products, Facebook has been aggressively growing its infrastructure to meet its expanding audience. During its research to find a location for its fifth and largest data center, the social media giant reportedly considered more than 200 communities before selecting AllianceTexas. Facebook performed a tremendous amount of analysis in choosing where to locate its newest data center, and searched for a location that provided everything from a shovel-ready site, to access to renewable energy, to great partnerships with the local community, to a strong pool of local talent for construction and long-term operations staff. It found each of these attributes and more at AllianceTexas. “Facebook is one of the most culturally significant brands in the world today, and their decision to choose AllianceTexas is a great source of pride for the Hillwood team,” said Mike Berry, president of Hillwood Properties. Above: Facebook and Hillwood executives, along with Texas Governor Greg Abbott and regional leaders, attended a celebratory groundbreaking event in July 2015. “This data center will add hundreds of millions of dollars to the local economy over time, and will have a huge economic impact on the region.” Facebook’s entry into North Texas is another example of how the region has grown to become the third-largest data center market in the U.S. Additionally, Facebook’s project is another major win for AllianceTexas, which has counted Amazon.com, LG Electronics, UPS and Walmart.com as major wins during the past few years. “Facebook’s selection of AllianceTexas will ensure that this region will continue to attract and receive full site selection consideration for other business relocations, consolidations and large-scale data center facilities, thus boosting jobs and the local economy,” Berry said. Facebook’s data center in Forest City, N.C., for example, generated $680 million in economic impact. Additionally, a Facebook-commissioned report said construction of its data center in Prineville, Ore., made a $72.9 million economic impact. The AllianceTexas data center complex is being built by DPR Fortis Mission Critical, a joint venture between DPR Construction and Fortis Construction. The high-tech builders also worked on Facebook’s data centers in Oregon, North Carolina and Sweden. 17 INDUSTRIAL EVOLUTION Above: Longtime AllianceTexas resident LG Electronics occupies Alliance Center North I — a 1.1 million-square-foot facility that consolidates much of the company’s regional operations. HILLWOOD EXPANDS ...................................................... INDUSTRIAL OFFERINGS ...................................................... FURTHER NORTH ...................................................... A LLIANCETEXAS, THE WORLD’S FIRST PREMIER inland industrial port and international logistics powerhouse, has fueled the North Texas economy for more than a quarter century and become an unmatched destination within the national industrial real estate market. Expanding its offerings during that time, today AllianceTexas provides industrial real estate options that serve a broad spectrum of business uses, including distribution warehouses, e-commerce fulfillment facilities, data centers and manufacturing sites, among others. 18 With unprecedented growth within the AllianceTexas corridor along I-35W, and a lack of adequate space in the market, industrial demand has never been stronger. To capitalize on this pent-up demand, and to stay ahead of the industry’s square footage needs, Hillwood launched two new industrial sectors within the past two years — the Alliance Northport and Alliance Center North. Alliance Northport is the newest offering, providing a range of best-in-class distribution centers, from under 100,000 square feet up to 1.3 million square feet, along with adjacent retail offerings. The expansion will add more than 3 million square feet to the AllianceTexas development, which currently totals more than 40 million square feet. The addition also extends AllianceTexas’ land holdings deeper into Denton County along I-35W into Northlake, Texas. Situated at one of the area’s busiest intersections, I-35W at SH 114, Alliance Northport provides close proximity to the transportation infrastructure at the Alliance Global Logistics Hub, which includes Fort Worth Alliance Airport, BNSF Railway’s Alliance Intermodal Facility and the recently opened UPS and FedEx Ground hubs. With 260 acres of the Alliance Northport project located in Northlake, the development expands the Alliance Corridor into a new municipality. “Northlake understands growth is coming, and we are in the direct path of one of the fastest-growing areas in North Texas,” said Town of Northlake Mayor Peter Dewing. “We are proud of our partnership with Hillwood, which started with the development of the Harvest residential community.” Alliance Northport also has the Walmart.com made headlines in August when it announced a new e-commerce fulfillment benefit of being located in an area with an facility would occupy the nearly 1 million-square-foot Alliance Center North 2 building. advantageous tax structure, which is one of the lowest in North Texas. The tax structure, coupled with its location along the I-35W corridor, gives Much of what attracts these global players to Alliance Northport numerous advantages over many other AllianceTexas is its multi-modal transportation connectivity submarkets in the region. to the region, the country and the entire world. Connectivity “Hillwood’s new Alliance is one of the foundations of AllianceTexas’ “HILLWOOD GETS Northport development matches success. From the outset, Hillwood Northlake’s plan. Our vision is to IT, AND WE ARE Properties focused on the challenges keep taxes low, attract great of supply chain efficiencies that its THRILLED TO companies, respect and welcome customers face. WELCOME NEW everyone, and limit regulations,” “In logistics warehousing, transportation RESIDENTS AND Dewing said. “Hillwood gets it, represents 60 percent of the costs,” and we are thrilled to welcome said Bill Burton, executive vice president BUSINESSES TO new residents and businesses of Hillwood Properties. “We want to NORTHLAKE.” to Northlake.” help our customers contain their costs, — PETER DEWING Providing the same direct access because their competitive Mayor, Northlake to I-35W as Alliance Northport, the advantage becomes ours, as well.” 650-acre Alliance Center North sector was launched in The centerpiece of AllianceTexas’ competitive 2014 and quickly became the site of two of the biggest advantage for industrial customers is the Alliance Global industrial deals of the past 10 years in North Texas. In Logistics Hub, which Forbes described as “one of the 2014, Alliance Center North 1, a 1.1 million-squareworld’s great logistics hubs” in 2013. This busy terminus foot facility, was selected by LG Electronics to serve as a provides direct connectivity between Asia, the ports on consolidated distribution center for the region. This deal the U.S. West Coast and the rest of the country, as well as was followed in 2015 when Walmart.com selected Alliance Canada, Mexico and South America. As many as 50,000 Center North 2 to be its newest regional e-commerce containers per month pass through the BNSF Railway fulfillment center for the distribution of larger sale items. Alliance Intermodal Facility, which is one of the top five The business-friendly environment of the Lone Star in the BNSF shipping system, and one of the largest such State, low taxes and a strong labor force have all helped systems in the U.S. AllianceTexas become an ideal location for each real The hub has also been enhanced in recent years with estate asset class, including office, retail, residential and the addition of major FedEx and UPS ground operations, medical, in addition to industrial. which provide unmatched support to the burgeoning Many of the world’s largest companies — e-commerce fulfillment business at AllianceTexas. Amazon.com, Deloitte, Facebook (See Facebook article “There is tremendous expedited capacity coming on Page 17), FedEx, Fidelity Investments, Mercedes-Benz, into and out of AllianceTexas,” Burton said. “The proximity Nestle, TD Ameritrade and Wal-Mart.com — call the of the FedEx and UPS facilities provides a real competitive 18,000-acre AllianceTexas home. advantage for next-day or second-day shippers like 19 Above: The BNSF Railway Alliance Intermodal Facility has been a key part of the Alliance Global Logistics Hub and industrial development at AllianceTexas for more than 20 years. Amazon.com or Walmart.com, and Hillwood will continue improving the AllianceTexas transportation infrastructure because it is so critical to our customers.” “Our goal is to have space available at all times, from 25,000 square feet to 1 million square feet,” added Tony Creme, vice president of Hillwood Properties. “As a result, we are able to provide our customers with immediate solutions, which is essential to meeting the demands of today’s rapidly changing market conditions,” added Tony Creme, vice president of Hillwood Properties. Such flexibility is essential to businesses adapting to rapidly changing market conditions.” Located on the eastern side of I-35W, the Alliance Gateway provides unmatched connectivity to the rest of the Dallas-Fort Worth area from the Alliance Global Logistics Hub, while providing one of the primary industrial centers in the Southwestern U.S. Heritage Bag Company recently took advantage of the Alliance Gateway’s location, moving its corporate headquarters and Southwest Division Manufacturing 20 “WE WANT TO HELP OUR CUSTOMERS CONTAIN THEIR COSTS, BECAUSE THEIR COMPETITIVE ADVANTAGE BECOMES OURS, AS WELL.” — BILL BURTON Executive Vice President Hillwood Properties Facility into a 330,000-square-foot facility in the sector. The move has been a winning formula for the company, where it takes advantage of each amenity provided by the Alliance Global Logistics Hub. “Heritage Bag Company is pleased to be joining the AllianceTexas community,” said Carl A. Allen, president and CEO of Heritage Bag Company. “We feel our new, state-of-the art facility will help us to meet our growing needs, allow greater flexibility and access to reach our distribution partners across the U.S., and continue our long history of providing quality products and service to our customers. The whole package that AllianceTexas offers is unmatched anywhere.” ASSET ALIGNMENT HILLWOOD .................................................... PROPERTIES BROADENS .................................................... DEVELOPMENT REACH .................................................... H ILLWOOD PROPERTIES, THE DEVELOPER of the 18,000-acre AllianceTexas project, is augmenting its portfolio to include development in core urban areas through two new endeavors in 2015. The move to incorporate projects beyond the boundaries of the AllianceTexas project leverages the expertise of key Hillwood Properties personnel to develop successful projects for the Hillwood brand throughout the region. Hillwood Urban’s team combines Hillwood’s land development and office development expertise with its existing multifamily and retail development groups, providing a complete mixed-use capability. The division is led by long-time Hillwood Properties President Mike Berry; Ken Reese, executive vice president of Hillwood Investments; Walt Zartman, senior vice president for Hillwood Development; Jacob Walter, vice president for Hillwood Development; Bill Burton and Russell Laughlin, executive vice presidents of Hillwood Properties; and Bill Brokaw, who rejoins Hillwood for the new venture and will lead leasing efforts. In addition to broadening its reach into urban development projects, Hillwood Properties continues to expand its suburban project portfolio in North Texas. This year, the developer launched Frisco Station, a 242-acre master-planned, mixed-use development in the heart of Frisco, Texas’ fastest-growing corridor. The project is being developed in conjunction with The Rudman Partnership and VanTrust Real Estate. Frisco Station is located to the west of the Dallas North Tollway and to the north of Warren Parkway surrounding the new Dallas Cowboys headquarters complex. The proposed plan includes more than 4 million square feet of Class A office and corporate campuses, 2,400 multifamily residential homes, unique destination food and beverage concepts, and entertainment venues. The design also includes facilities and spaces created to help people make healthier lifestyle choices that result in living longer, happier lives. Among these are medical and wellness facilities and open space/greenbelt amenities with walking paths, programmed events and public activities. Above: Development of Frisco Station, a partnership between the Rudman Partnership, VanTrust Real Estate and Hillwood Properties, is well underway in fall 2015. 21 Regional leaders, Hillwood executives and 35W Coalition members break ground on I-35W expansion. PAVING THE WAY FOR ECONOMIC SUCCESS A 35W COALITION AND ............................................... HILLWOOD ADVANCE ............................................... EXPANSION OF I-35W ............................................... Above: Russell Laughlin, executive vice president of Hillwood Properties, has been a statewide leader in transportation. 22 LLIANCETEXAS HAS BEEN THE CATALYST for expansive transportation infrastructure development for more than 25 years, making northern Tarrant County a focal point of global commerce that generates billions for the North Texas economy. Like other growing areas, Fort Worth’s soaring population and commercial traffic have created the need for expansion along I-35W and the surrounding highways. A significant piece to solving traffic issues along I-35W began in the spring of 2014 with the start of construction on 10 miles along I-35W, north of I-30 and to the south of I-820, for improvement. When finished, I-35W will become a “smart corridor” that uses active traffic management technology and dynamic tolling to control congestion on a real-time basis. It will provide updated information to the traveling public, improve trip times and allow transportation and law enforcement officials to respond to accidents faster. In addition to the current work being done along I-35W, congestion relief has been realized in Tarrant County via the North Tarrant Express (NTE). With a $2.1 billion price tag, the NTE project included a massive overhaul of I-820 and Airport Freeway in Northeast Tarrant County. None of these road improvements has happened overnight. Their genesis lies in Hillwood’s ongoing planning efforts, from which the concept of public-private partnerships emerged as an alternative means of transportation funding. The very name, AllianceTexas, refers to the partnership of the public and private sectors. In 2006, led by Hillwood, a group of concerned business leaders, landowners and residents formed the 35W Coalition to advance solutions that would improve traffic congestion and enhance property values along the I-35W North Corridor, from Downtown Fort Worth going north to Denton. “We knew back then that when you dropped in 150 million square feet of commercial development out here, such improvements would be absolutely necessary,” said Russell Laughlin, executive vice president of Hillwood Properties. Funding road improvements has been one of Hillwood’s main priorities since founding AllianceTexas in 1989, and was one of the main reasons for establishing the 35W Coalition. “Hillwood never advances a transportation project without knowing we can justify the cost to benefit the greater public,” Laughlin said. “Everything we propose is based on benefits.” Since then, the coalition has grown significantly to include hundreds of businesses and residents advocating for transportation solutions, new legislation and expanded funding to meet the region’s transportation infrastructure needs. It has become an important force in influencing Above: When complete, I-35W will have expanded capacity between Downtown Fort Worth and the Eagle Parkway exit at AllianceTexas. “HILLWOOD NEVER ADVANCES A TRANSPORTATION PROJECT WITHOUT KNOWING WE CAN JUSTIFY THE COST TO BENEFIT THE GREATER PUBLIC.” — RUSSELL LAUGHLIN Executive Vice President, Hillwood Properties transportation improvements, identifying and pursuing funding solutions, and improving development along the corridor. Along the way, Hillwood also made an ongoing commitment to educate and work with the public and elected officials, and help organize them to advocate for much-needed highway improvements. Doing so has improved infrastructure along the I-35W corridor, and helped AllianceTexas become one of the most successful master-planned, mixed-use developments in the U.S., and a vital piece for economic development in the state of Texas. “Mobility improves the quality of life for commuters and people who have to drive the roads every day,” said Vic Suhm, executive director of the Tarrant Regional Transportation Coalition. Smooth-flowing highway traffic is essential for continued regional growth. “If we cannot keep people moving when they get here, they will stop coming here,” added Tarrant County Judge Glen Whitley. “Apart from education, there is no other factor so directly linked to economic growth than transportation mobility,” Laughin emphasized. “You can’t have the first without the second. Good surface transportation is one of the top two or three deciding factors for businesses looking to expand or relocate to a region.” Continued legislative advocacy by the coalition and its members to advance funding initiatives for infrastructure development is why AllianceTexas, BNSF Railway, Fidelity Investments, GE Transportation, Texas Motor Speedway and numerous others have invested in the coalition to find a solution for better mobility along the corridor. Hillwood is already thinking about and preparing for the future of the corridor. The company is part of the collective effort to secure funding to improve the remaining sections of I-35W north into Denton, and for further enhancements at SH 170 to increase connectivity between AllianceTexas and the communities of Roanoke, Trophy Club and Westlake. 23 N TEXAS MOTOR SPEEDWAY 114 ALLIANCE NORTHPORT 114 35W TROPHY CLUB 114 ALLIANCE COMMERCE CENTER ALLIANCE CENTER NORTH ROANOKE ALLIANCE GATEWAY CIRCLE T RANCH ALLIANCE WESTPORT 114 FORT WORTH ALLIANCE AIRPORT 170 WESTLAKE ALLIANCE CROSSING 170 VAQUERO HASLET LONE STAR CROSSING SARATOGA SOUTHLAKE 377 1709 35W 1709 KELLER 1709 FORT WORTH 287 COLLEYVILLE ALLIANCE TOWN CENTER Mixed Use (Retail, Office, Residential, Medical) HERITAGE Retail Office 287 CREEKWOOD Residential PARK GLEN CHISHOLM RIDGE Industrial 377 Aviation 26 WATAUGA SAGINAW 820 35W NORTH RICHLAND HILLS 820 26 820 HURST FORT WORTH ALLIANCETEXAS ................................................. FACTS AT A GLANCE ................................................. • 18,000-acre master-planned, mixed-use development • AllianceTexas (18,000 acres) is larger than Manhattan (14,478 acres) by 15 percent • At 65 square miles, AllianceTexas covers an area that is roughly the size of Plano, TX (71 sq. mi.) or Frisco, TX (69 sq. mi.) • AllianceTexas is located within two counties (Denton and Tarrant), five cities (Fort Worth, Haslet, Roanoke, Northlake and Westlake) and two school districts (Northwest ISD and Keller ISD) PROJECTS WITHIN ALLIANCETEXAS Alliance Town Center — Mixed-use center with shopping, dining, entertainment, office, medical and urban living, located between North Tarrant Parkway and Golden Triangle Boulevard along I-35W in north Fort Worth. ATC includes such brands as Best Buy, Belk, JCPenney, Kroger Marketplace, Sam Moon and more. ATC is anchored on the north and south by a full medical district including full-service facilities and medical office (Texas Health Harris Methodist Alliance, Cook Children’s, Parkway Surgical, HCA’s Medical Center Alliance) • 900-acre master-planned, mixed-use development • 500-acre community retail center, medical and urban living – South FACTS AND FIGURES • 400-acre corporate campus, medical office, retail and urban living – North •Approximately $60 billion in economic impact (1990-2015) • $4.32 billion economic impact (2015) • $8.43 billion – total public and private investment (1990-2015) - ($8,433,060,198) • 13 to 1 private to public per dollar investment • $7.81 billion / 92.56 percent – total private investment (1990-2015) - ($7,805,622,630) • $627 million / 7.44 percent – total public investment (1990-2015) – includes roads, infrastructure and schools ($627,437,568) • $1.59 billion property taxes paid (1990-2015) - ($1,585,621,570) • $140.5 million paid in property taxes (2014) • 40 million square feet developed (1990-2014) – (40.4 million) • 3.2 million square feet of mixed-use development in Alliance Town Center • 1.2 million square feet under construction in ATC (Chipotle, Pei Wei, Cook Children’s, Watercrest Village, Marriott Courtyard, Tallgrass, Chuy’s, Panera) • 43,500 direct jobs created (43,431) • 425+ companies at AllianceTexas • 1159 multifamily units existing (Monterra Village, SageStone Village and SageWater Village) • 284 multifamily units under construction (Tallgrass Village) - First unit ETC Q3 2016 • 128 hotel rooms – Courtyard by Marriott Alliance Town Center • Several thousand heads of cattle, longhorns and buffalo • Hillwood Commons I – now leasing Alliance Global Logistics Hub — Nation’s largest inland port (9,600 acres), offering strategic multi-modal transportation access. Elements of the hub include: • BNSF Railway’s Alliance Intermodal Rail Facility • Two Class I rail lines (BNSF Railway and Union Pacific) • Fort Worth Alliance Airport – the world’s first 100 percent industrial airport • Interstate Highway 35W from Mexico to Canada (NAFTA Highway) • Texas State Highways 114 and 170 • FedEx Southwest Regional Sort Hub (Air Express & Ground) • UPS Ground Hub • Business parks and retail/office facilities within the logistics hub include Alliance Gateway, Alliance Center, Alliance Center North, Alliance Commerce Center, Alliance Crossing, Alliance Northport and Alliance Westport Circle T Ranch — 2,500-acre mixed-use, master-planned community in Westlake with corporate campuses and private equity golf community. Features and corporate residents include: • 2,500 acres of scenic land • 800 acres dedicated to corporate campuses and office sites • 10 minutes from DFW International Airport (to the East) and Fort Worth Alliance Airport (to the West) • Beautiful setting preserves the natural Texas landscape • Vaquero by Discovery Land Company – Luxury living and private gated golf community • Westlake Academy – public charter school featuring the International Baccalaureate program • Home to industry leaders such as Fidelity Investments, Deloitte University and TD Auto Finance Lone Star Crossing — 980 acres planned for destination retail, dining and entertainment. Anchored by Cabela’s. Located at I-35W and SH 170. 25 Hillwood Commons An Uncommon Destination. AT ALLIANCE TOWN CENTER Located within one of the most vibrant and unique mixed-use developments in North Texas, Hillwood Commons at Alliance Town Center provides an unmatched office experience with a direct connection to large-scale, highly amenitized, walkable master-planned community offerings. Professional service and corporate residents alike will enjoy the surrounding natural parks, walking/biking trails, retail/restaurants, and innovative health and wellness facilities all connected to Alliance Town Center. For more information, call us at 817.224.6000 or visit www.officeatalliance.com. LOCATION AMENITIES • Three-story Class A office space in region’s fastest-growing corridor • Walking distance to dozens of dining and retail options • Direct access to parks and walking and biking trails • Unmatched transportation access in north Fort Worth
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