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Hillwood’s AllianceTexas Smart Port Receives $80 Million Grant From USDOT
Nov 08, 2024•over 1 year ago
Contract Type
partnership
TexasReal EstateReal Estate InvestmentDescription
AllianceTexas has been awarded an $80 million grant from the Infrastructure for Rebuilding America grant program to launch the Smart Port, a 27,000-acre master-planned, mixed-use development. The partnership involves Hillwood, the cities of Fort Worth and Haslet, Texas Department of Transportation, and the North Texas Council of Governments.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months