AllianceHTexas Hires Research Firm to Weigh Economic Impact

It’s time to find out the bottom line, says AllianceHTexas, which has hired Insight Research to analyze the economic impact that it has had on the metroplex.

A report, including a projected future impact, will be finished by month’s end. AllianceHTexas includes the developments of Alliance, Circle T Ranch and Heritage, totaling 15,000 acres in 65 square miles. It encompasses Ft. Worth, Haslet, Roanoke and Westlake situated in Denton and Tarrant counties and two public school districts.

“In the past we’ve talked about the number of jobs created, the amount of property taxes paid and the amount of private investment, but we’ve never done a full economic impact study that includes incomes from the employees and sales taxes from the businesses at Alliance, as well as the indirect benefit from the salaries and taxes,” explains Mike Berry, president of Hillwood Properties, the development overseer for AllianceHTexas.