Unprecedented Economic Growth Has Northstar Glowing!
With its small-town charm, exemplary schools, and sumptuous amenities, it’s easy for residents of Northstar, a master-planned community just north of Fort Worth, to forget about the economic success story of the decade that is occurring just a few miles from their front doors. More on that later.
First, just like the weather in North Texas, the new amenities of Northstar are sizzling! The spring saw the opening of the ALL-INCLUSIVE Pocket Park, the eagerly awaited opening of the spectacular, INDOOR Northstar Resident Amenity Center, and (just in time for those epic summer splashes!) the opening of the Northstar pools.
Second, the schools of the Northwest ISD serving Northstar families, already recognized by the national rating service of Niche as “A,” are adding a brand new, top-notch elementary school located in the Northstar community. The Molly Livengood Carter Elementary School will be ready for that morning bell to ring on the first day of class in August 2023.
Employment Opportunities Continue to Skyrocket
The economic growth of the area near Northstar has been nothing short of stunning. This is part of the reason why this master-planned community has been so popular. People enjoy living near where they work. There has been steady, sustained growth in the number of companies who have chosen to open and expand their facilities in the Alliance airport corridor, near US 287.
The driver of this growth – Alliance Airport – has had some big news recently. According to news reports, “Hillwood (the developer of Alliance), the City of Fort Worth and the Federal Aviation Administration officially recognized the airport’s name change to Perot Field Fort Worth Alliance Airport during a special dedication ceremony in December.
“The program, which honored the life and memory of H. Ross Perot, Sr., featured special dignitaries, including the Honorable Mattie Parker, Mayor, City of Fort Worth; T. Allan McArtor, Former Federal Aviation Administration Administrator (FAA); Ignacio Flores, FAA Director of Airports – Southwest Region; Ross Perot, Jr., Chairman of Hillwood and The Perot Group; and Mike Berry, President of Hillwood.”
“My dad wholeheartedly believed Fort Worth Alliance Airport would be the centerpiece of an unprecedented jobs corridor in Texas,” said Ross Perot Jr. “Investing in the northwest corner of the Dallas-Fort Worth metroplex mattered to him, and he immediately saw its potential. The airport became the catalyst for one of the great Texas business stories of our day, and we’re only halfway through. Development at AllianceTexas will continue for at least another generation, which will help to ensure a future for our children and hopefully their children, too.”
The Fort Worth Chamber of Commerce recognized the economic hot spot that is the area around Northstar. “With AllianceTexas’ $100 billion economic impact on North Texas, Cowtown is the ideal location for its easy access to airports, rail, and highway services. The city is home to Bell Nexus’s vertical lift VTOL Aircraft (the preferred option for Uber’s Elevate air taxi program) and key logistics facilities including Amazon Regional Air Hub, Alliance Westport, and BNSF Railway.”
The chamber also pointed to other economic growth stimulators, all of which offer excellent opportunities for residents of Northstar:
- Healthcare and Social Assistance | 55,000 employees
With massive providers like JPS Health Network, Cook Children’s Medical Center + Texas Health Resources, it’s hard to live in Cowtown without knowing at least one person in the healthcare industry. The city is also staying ahead of the curve with the world’s first physical health accelerator at the University of North Texas Health Science Center at Fort Worth.
- Government | 52,000 employees
When you account for the federal, state, and local employees, it adds up to a lot. The largest employers include the US Air Force Reserve, Tarrant County, and the City of Fort Worth.
- Retail Trade | 45,000 employees
The area is filled with 10+ shopping districts and is dominated by the Western retail experience with local brands like Tandy Leather, M.L. Leddy’s, Justin Brands, Ariat, and Old Gringo Boots. Additionally, larger retailers like Walmart, Albertsons, and Central Market make up a big piece of the puzzle.
- Manufacturing | 41,000 employees
The largest manufacturing sectors are aircraft, automotive, and pharmaceutical and are supported by BSNF, one of the largest railways in the US. Notable projects include MP Materials’ magnet factory – the first manufacturing facility of its kind in the country.
The Future is Bright for Residents of Northstar
Economic analysts have recognized that “success” tends to lead to additional success and this means even greater things for this area northwest of Fort Worth. For residents of Northstar, when this dynamic economic growth is combined with the relaxed lifestyle of their community, the future is bright. If you want to be a part of this exciting part of the world, come look at the community in the middle of the action. Click here to take a tour of Northstar.