Dallas/Fort Worth International Airport GREATER DALLAS PLANNING - PowerPoint PPT Presentation

Greater Dallas Planning Council GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 November 14, 2014 John Terrell Vice President, Commercial Development Dallas/Fort Worth International Airport

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Texas & the Dallas-Fort Worth Population is Large Sources: U.S. Census Bureau, Table 5. Estimates of Population Change for Metropolitan Statistical Areas and Rankings. 2

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Business Overview Operations  A major component of the U.S. aviation infrastructure  The central North American location is within 4 hours of any major city in the U.S., Mexico and Canada  The world’s fourth busiest and fastest growing  More than 1,800 flights daily to 200 worldwide destinations  Recognized as the best airport in its class for customer service  Focal point of the Aerotropolis 3

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 DFW Airport Overview Jointly owned by the cities of Dallas and Fort Worth, DFW Airport has built a huge infrastructure and still has room to grow. 4

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Host Cities Coppell Euless Irving Grapevine Grapevine Coppell Irving Euless 5

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 DFW: Connecting The World Commercial Development opportunities play a key role in DFW’s future  $36.6 million in revenues for fiscal year 2013. 6

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 DFW Land Use Plan Supports goal to be more competitive in the global travel market by developing a multifaceted center of commerce.  Approximately 6,600 acres of developable land  More than 5,200 gross acres of property will emerge into multiple centers of development  Strategic location between Dallas and Fort Worth and proximity to a network of highways provide commercial developers with numerous key advantages 7

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 DFW Land Use Plan Core Business Operations RUNWAYS AVIATION MAINTENANCE TAXIWAYS FACILITIES 12,000 acres maintained for core business operations CARGO AVIATION DEVELOPMENT RELATED USES 8

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 International Commerce Park Annual Revenue to Developable Land Area 432 acres DFW Investment $37M DFW Airport Developer Improvement $247M 3,219 Jobs Salaries $131M

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Commercial Development Aviall, Inc. at International Commerce Park (ICP) EXPANSION BENEFITS   Grown its business exponentially: Largest independent provider of new aviation parts and related aftermarket services  Increase its taxable business personal property value between $25.5 million and $60   Wholly owned subsidiary of The Boeing Company Increasing sales from $506 million in 2001 to $3.22 billion in 2010 million  Relocated to ICP in November 2001  Facility expansion from 239,000 square feet to 564,000 square feet , with 630,800  Increase Freeport inventory value between $225 million and $580 million square feet of additional space  245,000 square foot corporate headquarters and global distribution center  Additional $20.6 million payroll annually  Employees increased from 340 to 800, adding an additional 300 jobs  The move to ICP doubled the size of its previous space 10  Between 200 and 500 hotel room nights annually

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Commercial Development Dallas Cowboys Merchandising at International Commerce Park 11

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Commercial Development Initiatives Southgate Plaza 12

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Commercial Development Initiatives Southgate Plaza  Retail, Restaurant, Hotel, and Office  Modern architecture and sustainable design  Vertically dense and walk-able  Rental Car Facility proximity  Integrated Flight Information Display System (FIDS) 13

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Southgate Plaza Hyatt Place Conceptual Images 14

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 DFW as an Airport City Types of development  Hotels Hyatt Regency DFW Adjacent to Terminal C Grand Hyatt DFW Inside International Terminal D 15

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Paradise 4 Paws High end dog and cat resort and daycare facility. 16

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Commercial Development Initiatives Grapevine 1100 Acres Economic Analysis Transform DFW Airport from a “ facilitator ” to a “ driver ” of regional tourism The ‘1100 Acres’ ‘Themed’ Destination 17

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Commercial Development Initiatives Founders’ Plaza Center adjacent to the Airport Observation Area  Southern termination of Texan Trail enhanced corridor  Viable development opportunity with approximately 200,000 vehicles per day  Mixed Use envisioned as Freeway Commercial  Hospitality, Entertainment, Retail and Themed developments  Educational, Office and Industrial 18

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Commercial Development Initiatives Founders’ Plaza Center Site Concept and Renderings 19

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Commercial Development Initiatives Passport Park  Southern DFW Gateway  Mixed use development  Convenient Access to SH 183  Highly Visible from SH 161  500,000± Square Feet Retail  Office and Warehouse components 20

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014  Approximately 1,800 acres on the south west side of the Airport  Two 18-hole championship golf courses  Premier opportunity for corporate campus office  Abundant green space and surrounding water features 21

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 • Terminals A, B, C and E Re-life – 30 year investment • 60-70% required to replace aging infrastructure and meet DFW core obligations Address Regulatory and Code requirements • Improved Ticketing, Security Checkpoints, and Baggage Handling systems to enhance operational efficiencies • New vertical core with high capacity elevators • Curbside enhancements could include: • New entry canopy • Cover pedestrian crossing at main entrances • Signage • Garage refurbishment at Terminals B, C and E • Garage replacement at Terminal A 22

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 • 5 levels • Roughly 7,700 parking spaced • Counting System • Elevators • 3 million square feet • Improved lighting and signage • New Roadway system • ADA accessible on most levels • Emergency Call Boxes 23

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 • Reconfigure ticketing areas • Incorporate new self- service technologies • Provide premium check-in • Increase passenger flows • Create sense of place • Increase natural light • Consolidate and expand checkpoint • Incorporate TSA future technology requirements • Rolling out improved technology to improve passenger flow • Systems back-up support 24

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 • Part of DART’s Orange I -3 Line • Station is located between International Parkway and the Northbound Service Road adjacent to Terminal A • Began operational service in August 2014 • Similar TexRail station is located adjacent to Terminal B 25

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 DFW as an Airport City Mass-transit rail service is now operating at DFW’s terminal area to optimize connectivity. DFW AIRPORT A/B STATION 26

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 DFW as an Airport City In 2006, DFW signed an historic agreement with Chesapeake Energy Corporation to drill for natural gas on its 18,000 acre-property.

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 The Future of DFW Airport Five major highways converge at the Airport, making it one of the most- traveled sectors in the Metroplex. Two major roadways projects are underway near the Airport – The DFW Connector and the North Tarrant Express projects. 28

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014

GREATER DALLAS PLANNING COUNCIL – NOVEMBER 14, 2014 Tax Sharing Agreements History  Since 1999, DFW has successfully achieved tax-sharing arrangements as a result of inter-local agreements and legislation collaboration with the Owner Cities.  “The Cities of Dallas and Fort Worth and the Board agree that as a result of this Agreement, development opportunities within the Property which are consistent with the development policies of the Board, shall be encouraged.” Benefits  Generates tax revenues for the Owner Cities  Increases economic development and creates job opportunities  Provides an equitable distribution of tax revenues (Dallas, Fort Worth and the host city) Quote Source: Interlocal Agreement 30