Sunday, September 6, 2009

Dallas/Fort Worth Airport hopes to make millions by developing land around it

From: Dallas Morning News
By: Eric Torbenson / September 5, 2009

Dallas/Fort Worth International Airport is many things: the world's third-busiest airport, American Airlines Inc.'s biggest hub and the reason many Fortune 500 companies settle in North Texas.

Now it could be something different: a cash machine.

The 35-year-old airport plans to focus more of its efforts on developing 6,600 acres on the airport's edges, potentially generating nearly $300 million in fees, rents and sales tax to be split among the airport and surrounding cities.

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