The Alliance development is a bellwether of the economic shifts within Texas and remains at the forefront of the state’s financial success, the acting comptroller said.

Alliance led the way as the state shifted from an oil and gas and agricultural economy to one more focused on finance and manufacturing, said acting Texas Comptroller Kelly Hancock, former state senator from North Richland Hills. He discussed the impact of the north Fort Worth business corridor during a visit to the area on Monday.

“For manufacturers, this is where you want to be,” Hancock said.

The Lone Star State’s chief financial officer is visiting different areas of Texas to highlight the economic impact of the state’s 32 official ports of entry.

Hancock recalled driving through what’s now Alliance when he was younger and seeing only farm and ranch land. The area has changed just as Texas has, he said.

Alliance is now home to more than 574 companies with 58 million square feet of office, retail and industrial space.

“We’ve now got Charles Schwab, Fidelity up here,” said Ross Perot Jr., chair of Hillwood, the developer behind the Alliance project.

Hillwood officials estimated that Alliance has created 66,000 direct jobs, Hancock said. His office’s research put that number at about 136,780 for direct and indirect jobs created last year.

Perot said Hillwood is seeing new demand for manufacturing projects from all over the world.

In August, Alliance was named as the manufacturing site for two plants from Taiwan-based Wistron, a supplier to AI chip manufacturer Nvidia.

Alliance’s gross domestic product, or the value of goods and services produced in the area, was $16.3 billion last year, according to the comptroller’s report.

The 27,000-acre mixed-use development — which includes Perot Field Fort Worth Alliance Airport — was busy with cargo and aerospace activity in 2024, according to a Hillwood report.

Perot and Hancock both said Alliance is preparing the state for the future with projects such as the Mobility Innovation Zone, which provides an area for companies to do pilot projects involving drones and autonomous vehicles.

“We’re certainly not done,” Perot said.