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Alliance Texas reports $10.2 billion in 2024 economic impact, 35‑year total of $130 billion
Summary
Hillwood officials told Fort Worth Council that Alliance Texas generated $10.2 billion in direct economic impact in 2024 and $130 billion cumulatively; the update highlighted new investments, the SmartPort infrastructure grant and major corporate commitments.
Hillwood representatives presenting the Alliance Texas annual economic impact report told the Fort Worth City Council on Feb. 11 that Alliance accounted for $10.2 billion in direct economic activity in 2024 and $130 billion cumulatively since its development began, and they outlined recent projects and infrastructure awards that company officials said will support continued growth.
Why it matters: The Alliance area contains major freight, airport and logistics assets that generate jobs, property tax revenue and industrial activity tied directly to Fort Worth and surrounding jurisdictions. Speakers said continued investment in roads and the intermodal hub supports regional freight efficiency and employment.
Key numbers and projects - Hillwood reported a cumulative economic impact of $130 billion since Alliance’s development and $10.2 billion in 2024 alone. - The project area hosts about 66,269 jobs and roughly 60 million square feet of industrial space, company officials said. - Tax revenue cumulative to date was reported at $4.1 billion; Hillwood said Fort Worth’s share of that total is $826 million.
Recent milestones and developments Presenters highlighted a roughly $80 million U.S. Department of Transportation INFRA grant for the SmartPort connector, projects by H‑E‑B and Southwire, and planned or announced facilities such as Bell’s advanced manufacturing facility for the V‑280 program and Embraer’s new MRO facility. Hillwood said Alliance was the twentieth highest‑volume cargo airport in the U.S. and that continued infrastructure improvements — including work on State Highway 170 main lanes — will support freight movement.
Council questions and context Council members noted school‑district revenue implications and asked how tax revenue is distributed; Hillwood officials provided figures showing sizable tax contributions to multiple ISDs and municipalities, and said growth has continued despite changing markets. Council members praised Hillwood’s partnership role in development and infrastructure coordination.
Bottom line: Hillwood presented Alliance as a growing logistics and manufacturing hub with large annual economic output, ongoing corporate investments and infrastructure projects intended to improve intermodal connectivity and support further development.
