Grapevine Is Growing Fast

Grapevine Is Growing Fast

GRAPEVINE IS BOOMING

HISTORIC DOWNTOWN GRAPEVINE HAS ALWAYS BEEN A CHARMING ATTRACTION, AND NOW THE AREA IS ABOUT TO HIT A HUGE GROWTH SPURT. BOB FARLEY, DIRECTOR OF ECONOMIC DEVELOPMENT FOR GRAPEVINE, SAYS THEY'VE “HAD ALMOST $700 MILLION WORTH OF PROJECTS ANNOUNCED IN THE LAST 26 MONTHS--THAT'S A LOT OF STUFF”! HERE'S THE SPARKNOTES VERSION OF WHAT WE CAN EXPECT:

  • Construction of $1 billion+ TEX Rail line that will link downtown Fort Worth to DFW Airport

  • The city is designing a new commuter rail station set to open in 2018 and mixed-use project near the historic Cotton Belt Railroad. 

  • Next to the station, there will be a small boutique hotel (probably about 120 rooms), and a plaza will sit between the station and Main Street. 

  • A Dallas-based apartment developer has broken ground on a rental community near the rail line on Dallas Road. The dual buildings with 250 units will include retail space, a dog park, and additional parking for the area. 

  • The Gaylord Texan recently completed a $5MM expansion of its swimming pool resort area. Now it's taking on a $120MM expansion that will add 300 hotel rooms and 86,000 sq. ft. of meeting space!

  • A Wisconsin-based developer is also planning to begin work next year on a $330MM Grapevine resort that will feature a waterpark, miniature golf, laser tag, rock-climbing, restaurants and a spa.

  • Mercedes-Benz is building a regional parts warehouse and training center on Lakeside Parkway.

  • Kubota Tractor Corporation's North American headquarters is relocating to the same area from Southern California. The $50MM campus is located just north of DFW Airport and will be fully operational by late January. 

#Grapevine is just another example of booming North Texas! 

To read more from the Dallas Morning News, click here


For all of your #DFWRealEstate needs, contact me at cmiles@chastinjmiles.com



Image result for grapefest in grapevine texas

#grapevinetx #grapefest #northtexas #RHAdfw #dallasrealtor


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Phone: 214-586-0096
Dated: March 17th 2017
Views: 70
About Chastin J.: Chastin J. Miles is a full-service Real Estate agent specializing in Dallas real estate, lifestyle m...

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