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The Dallas/Fort Worth Metroplex includes 12 Texas counties and is the economic and cultural hub of North Central Texas. Residents informally refer to the area as the Metroplex, including Dallas , Fort Worth and Arlington . In fact, the term “Metroplex” was originally invented to refer to Dallas/Fort Worth. DFW serves as the state’s banking and financial center and is home to the 5th busiest airport in the world. It is a major wholesale and distribution center by both air and land.
The owners of Dallas real estate live in an area that has one of the highest concentrations of corporate headquarters in the United States. As a result they have access to the largest Information Technology industry base in the state. This is because of the large number of corporate IT projects as well as the presence of electronics, computing and telecom firms such as Texas Instruments, EDS, Perot Systems, i2, AT&T, and Verizon. American Airlines is the largest employer in the Metroplex. Several major defense manufacturers, including Lockheed Martin, Bell Helicopter Textron, and Raytheon, maintain significant operations in the Metroplex. ExxonMobil, the #2 corporation on the Fortune 500 listings, is headquartered in Irving, Texas. With employment opportunities like these it is no wonder that DFW is the fastest growing metropolitan area in the country.
The economy of the DFW Metroplex is supported by being the largest metropolitan area in Texas and the fourth-largest in the United States. Buyers of DFW real estate will be located next to the headquarters of 25 fortune 500 companies that employ over 240,000 people locally. DFW home owners live in the 4th largest US metropolitan area by population and gross metropolitan product.
Buyers of Metroplex real estate have a variety of mass transit options available to them. Dallas County has bus service and light rail operated by DART, going as far north as Plano. Fort Worth has bus service and the Trinity Railway Express connects downtown Fort Worth to downtown Dallas. Dallas/Fort Worth home buyers are able to commute using the hundreds of lane miles of freeways and interstates connecting the area. The Metroplex has the second most freeway miles per capita in the nation. Like most major metropolitan areas in Texas, most interstates and freeways have access roads where the majority of the businesses are located.
Owners of Metroplex real estate have the benefit of being near the Dallas/Fort Worth International Airport, located between Dallas and Fort Worth. The largest and busiest airport in the state of Texas, it is the third busiest airport in the world in terms of aircraft movements and the seventh busiest airport in the world in terms of passenger traffic. American Airlines is the largest airline in the world in terms of passengers transported and fleet size and has its headquarters next to DFW Airport in Fort Worth. DFW real estate buyers also have Love Field Airport located in Dallas. Southwest Airlines is headquartered next to Love Field in Dallas.
Metroplex real estate buyers enjoy having a team in each of the four major professional sports leagues. Dallas-Fort Worth home owners first began to enjoy NFL football in 1960 with the Dallas Cowboys. In 1972, Major League Baseball's Washington Senators moved to Arlington to become the Texas Rangers. In 1980, Metroplex home owners could enjoy the NBA when the Dallas Mavericks were added to the league. And finally in 1993, the NHL moved into the Metroplex when the Minnesota North Stars became the Dallas Stars. In addition, DFW real estate buyers enjoy many other minor-league professional teams and four colleges that compete in NCAA Division I athletics.
Texas Real Estate Cafe' is one of Fort Worth's newest and most aggressive Realtors. We can help you with condos, homes, real estate, land, rentals and leasing. Please contact us with any questions you have regarding Dallas properties.
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