DFW Airport Hotbed For Commercial Development

Andrew Greenstein
May 14, 2018 - 6:19 am
DFW Airport construction

Credit: Andrew Greenstein, 1080 KRLD

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IRVING (1080 KRLD) - One of the hottest commercial development markets in North Texas is at DFW Airport. Wherever you go on DFW property, you’re bound to see construction equipment.

“The airport has ten development districts in the planning,” says airport spokesman David Magana, “and five of them are actively going through some level of construction right now.”

And that’s just the tip of the iceberg.

“We’ve got about 4000 acres left to develop out of our 6000,” says Magana.

One such area with heavy construction activity is along South Airfield Drive west of International Parkway.

“We’re almost finished with what we’re calling the International Logistics Center,” says Magana. “That is a three-building complex (with) warehouse space, built on spec.”

While many companies setting up shop on airport property are in the logistics industry, that’s not always the case. For example, on the south side of the airport, retired NBA star Jermaine O’Neal put up an indoor athletic complex called Drive Nation.

“It’s a big gym for kids to come and their parents to come and complete in basketball, volleyball (and) soccer,” says Magana.

There’s also a lot of activity in Southgate Plaza, which is home to DFW Airport headquarters.

“Right now, we’re building in the same park a new code 3 ER/emergency clinic that’s going to be open to the public, a Magana says. “And next door to that will be a new post office for the U.S. Postal Service.”

There are other mixed-use developments nearby that are competing with DFW, such as Las Colinas and Cypress Waters. Magana says while those other two also offer residential, DFW offers unparalleled access to transportation.

“You have proximity to those shopping lanes, whether it’s air, truck (or) train,” Magana says. “All of that is within close proximity right here.”

All this development, as diverse as it is, will keep DFW competitive in the international airport arena. “All of this commercial development is done so that the airport can develop new and different sources of revenue to lower the cost that it takes for airlines to operate here.

“All of this does feed the airport’s bottom line,” says Magana. “And it does help us stay competitive in the broader airport market space. And that way, we can continue to attract flights and attract business to the region, which is our mission.”