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Future Projects AROUND THE REGION FUTURE PROJECTS For the Dallas–Fort Worth region, there is no time like the present to ensure that the bustling metro area remains an innovative, forward-thinking place for generations to come. Future developments spanning more than ten years in planning and | FUTURE PROJECTS construction are helping to ensure that FORT WORTH TRINITY 2 VIRIDIAN DFW is on the forefront of industry and 1 RIVER VISION One of the largest infi ll developments in the 6 livability. The future of the metro area Totaling $909 million in completion dollars, U.S., construction of the Viridian is under is ripe with innovative developments, the Fort Worth Trinity River Vision project will way and will bring more than 2,300 acres of impactful architectural feats and connect every neighborhood in the city to mixed-use community space to Arlington on continually improved design to strengthen the Trinity River corridor, adding amenities, the largest remaining tract of land in the area. 9 improved environmental sustainability and The project is currently in its fi rst and second 4 the region’s appeal. pioneering design. The project will reroute the phases. Beyond the 500,000 square feet of Trinity River in Fort Worth to provide needed offi ce, hotel and restaurant space and 200,000 fl ood protection, while simultaneously square feet of retail, the Viridian will have 1,000 doubling the size of the central business acres of protected wetlands and open spaces, a 7 district. trails system and 450 acres of lakes. 2 3 1 8 10 5 TRINITY RIVER CORRIDOR DFW INTERNATIONAL 3 PROJECT DALLAS 4 AIRPORT The Trinity River Project is an eff ort to Focusing on more than 5,200 acres available redevelop the Trinity River south of Dallas. The for commercial use and the open space in the project is meant to provide fl ood protection airport’s total of 18,000 acres of land within 7 DALLAS ARTS DISTRICT 8 THE CANYON IN as well as create numerous multi-use Euless, Irving, Grapevine and Coppell, the Multiple development projects are under OAKCLIFF fi elds, hiking, biking and walking trails and DFW International Airport Land Use Plan is a construction or have been announced In collaboration with the City other recreational opportunities. The Trinity “framework for the long-term development within the Dallas Arts District. The Hall of Dallas and the Grow South River Corridor Project covers 20 miles or of the commercial areas within the airport.” Financial Group multi-phased development campaign, the Canyon in Oak approximately 10,000 acres along the Trinity The project will change the face of the airport will span 5 acres. Phase I is under Cliff is a 211-acre development, River. The project begins at Webb Chapel in the from being solely a transportation hub to that construction and includes the KPMG located 3 miles west of downtown north and stretches along the river to slightly of commerce and international business. Plaza at Hall Arts offi ce, opening April Dallas at Westmoreland and past I-20 in the south. 2015. Two Arts Plaza, a 12-story, 290,000 Interstate 30. It will create sqft offi ce building is phase two of the a sustainable and walkable Billingsley Company’s Arts Plaza project. mixed-use urban village with the The Spire Development will create a 12- potential for 7,500 dwelling units, acre contiguous neighborhood. Phase one 1,000 hotel rooms, 1.5 million will be anchored by a 21-story mixed-use square feet of offi ce space and 1 tower. million square feet of retail space. 9 HIDDEN RIDGE Hidden Ridge is an exciting new venture by Verizon 5 SOUTHERN DALLAS 6 DALLAS MIDTOWN to develop a unique COUNTY INLAND PORT 157-acre campus Expected to kick off in 2015, the in the heart of Las The Southern Dallas County inland port massive redevelopment district in North Colinas (the largest region is recognized for its rail service and Dallas will eventually include millions of offi ce park in the interstate highway connections supporting square feet of retail, residential, hotel Dallas-Fort Worth regional access to North American and and offi ce space across 430 acres. Its Metroplex). This 10 TEXAS CENTRAL RAILWAY international ports. With unsurpassed access centerpiece will be an 18-acre central park. mixed-use project Texas Central Partners (TCP) is a private Texas company working to Interstates 20, 35 and 45 and thousands Beck Ventures is leading the project. The fi rst will feature over 3,000,000 million square feet of offi ce space, 80,000 to bring high-speed rail between Dallas and Houston. With trains of acres of available land, developers and phase will include redevelopment of the AMC square feet of retail/restaurants, 1,800 residential units, a full-service capable of 205 mph, the trip between these cities will take under 90 companies are creating a premier logistics, Theatre, a grocer, boutique hotel, offi ce, retail boutique hotel, a dedicated Dallas Area Rapid Transit (DART) station, and minutes. Service is expected to begin as early as 2021. Two potential distribution and manufacturing cluster. and apartments on 70 acres. public space and amenities. station sites have been identifi ed near downtown Dallas. 190 DALLAS ECONOMIC DEVELOPMENT GUIDE 2016 2016 DALLAS ECONOMIC DEVELOPMENT GUIDE 191.
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