Commercial Development News - Location, Accessibility, Speed key to Aerotropolis Growth at DFW<br />

Feb 2018

Location, Accessibility, Speed key to Aerotropolis Growth at DFW

Location, accessibility and speed are three reasons businesses consider locations at commercial airports. For the same reasons, Dallas/Fort Worth International Airport (DFW) has become the hub of the fourth largest and fastest growing region in the U.S. – and the center of the model aerotropolis, which hosted the first Aerotropolis Americas conference last month.

“Because DFW Airport has been and continues to be a catalyst for growth in the Dallas-Fort Worth region, we were very excited to host this first conference and share key learnings about what it means to be in a major Aerotropolis,” said Ken Buchanan, Executive Vice President Revenue Management for DFW. “We were also able to show through some of our business partners why DFW has become a fine example of an aerotropolis.”

During the mayors panel titled, Creating Aerotropolis Stakeholder Collaboration, Dallas Mayor Mike Rawlings, Fort Worth Mayor Betsy Price, and Irving Mayor Beth Van Duyne talked about how communities across the region work together to bring businesses of all sizes to North Texas and that everyone benefits when one community lands an enterprise. Likewise, the mayors discussed the mutual advantages of being in close proximity to DFW Airport.

John Terrell, Vice President Commercial Development for DFW Airport provided a more in depth look at how DFW Airport communicates the benefits of the aerotropolis to potential international business partners using a targeted approach. In his presentation, Mr. Terrell noted that an economic impact study by the University of North Texas, completed in October 2013, found DFW to have an annual impact of $31.6 billion while being responsible for 146,000 permanent jobs. This study further demonstrates DFW Airport’s importance as the economic engine of North Texas.

“It wasn’t that long ago when airports were built near cities with roads connecting one to the other. What we are seeing today, is that air travel and expanding global business networks have changed the pattern of development,” Mr. Terrell said. “Cities are now effectively orbiting their airports, with the airports being a driving force of the local economy.”