Page 37 - Grapevine FY19 Operating Budget

After 13 years of discussion, 29 months of construction and almost as many months of testing,
TEXRail is nearly ready for passengers. All nine TEXRail stations across northeast Tarrant County
will begin operations Jan. 5, including the Grapevine station at Dallas Road and Main Street.
TEXRail is a new 27-mile commuter rail project that will extend from downtown Fort Worth
through Grapevine and into Terminal B at the Dallas/Fort Worth International Airport.

The city also has plans to expand the Grapevine Visitors Shuttle service, operated by the Grapevine
Convention and Visitors Bureau. Included in the FY19 budget is three additional shuttle drivers.
The shuttle takes guests to key destinations, such as Grapevine Mills and the Gaylord Texan
Resort. More shuttles will be added, and the length of the shuttle operations will be extended. said.
More destinations may be added depending on the demand from the TEXRail trains. Eight
thousand riders a day are predicted to use the service in its first year, and by 2035 that number is
expected to increase to nearly 14,000 daily

Grapevine’s TEXRail station is at the corner of Dallas Road and Main Street. Rumbelow said there
are two other stations in the Grapevine city limits, but those will be operated by
DFW Airport. The city is also building a parking garage that will be available on a limited basis
when the rail service debuts in January as construction continues.

Continue to pursue economic development opportunities to bring new businesses to Grapevine
In December 2013, the City of Grapevine purchased approximately 185 acres of property in the
northeast portion of the city. It is the intention of the city to conduct a market/feasibility study and
develop a master plan for the property. The city has been successful in marketing the property to
developers, most notably to Kubota and Mercedes Benz, which both signed development deals in
2015.

Kubota Tractor Corporation unveiled its new North American Headquarters building in Grapevine
on April 12, 2017 with a ribbon cutting ceremony with Governor Greg Abbott, Masatoshi Kimata,
President and Representative Director of the Kubota Group, along with State and local officials.
The company's move to Texas from Torrance, California, is the most significant change it has
undertaken in its successful 45-year history in the U.S. Kubota's new Corporate Office facility was
built with sustainability features designed specifically to qualify for the LEED Gold certification.

In August 2017 the City proudly announced that THE TRADE GROUP® will be relocating their
global headquarters to Grapevine, Texas. The company has made the Inc. 5000 list of fastest
growing private companies for the past four years and is one of the nation’s leading trade show
exhibit and event companies. Known for its dedication to design excellence, the company
provides trade show exhibit design and fabrication services, state-of-the-art live event planning,
event execution and management.

THE TRADE GROUP® has serviced some of the world’s most prominent clients, such as
PepsiCo, Ubisoft, Fidelis Cybersecurities, ONKYO, Deprag, Inc., G6 Hospitality (Motel 6 parent
company), Walt Disney, Xbox, Warner Brothers, Community Coffee, Yahoo, Google Nest, RIOT
Games/League of Legends, Twitch.tv, and many more. THE TRADE GROUP® also boasts
numerous awards for creativity and design.

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