- Location: Irving, TX
- Project Size: 550 acres (originally 660 acres)
- Project Type:
Multiuse Business Park
- Land Uses: Office, Industrial, Hotel, Commercial, Recreational
- Partners/Clients: Hunt-Woodbine Realty Corporation, The Ruth Foundation, The Nancy and Ray L. Hunt Foundation
- Project Launched: 1979
This 550-acre business community incorporates hotel, office, warehouse/distribution and commercial uses with extensive landscaping and a hike-and-bike trail. The location is just minutes from the terminals at Dallas/Fort Worth International Airport, the world’s third-busiest airport, and adjacent to Foreign Trade Zone 39, making DFW Freeport attractive to international and domestic companies. The project is so close to the airport that about 100 acres of the original site were condemned to allow for freeway right-of-way and the airport’s construction. Woodbine continues to manage the master property owners association and to market remaining sites in this development.
Lesson Learned - Condemnation ain’t all bad if what you have left makes development sense.