Page 255 - CityofGrapevineFY25AdoptedBudget

• Easy, direct option between Fort
Worth and Grapevine and DFW
Airport

• 30-minute frequency during peak
hours – seven days a week

• Ridership has been strong with
approximately 1.5 million rides since
opening in 2019.

Advantages of Doing Business in
Grapevine

Grapevine, TX is in the heart of the Dallas and Fort Worth Metroplex, and only 10-minutes from
the DFW Airport. Grapevine is known for its location, authenticity and abundant opportunities.
With a short permitting process, pro-business leadership, real estate opportunities, and a strong
workforce, Grapevine is the destination of choice for growing companies, investors, and
developers.

Businesses and residents choose Grapevine, TX for its many unique attributes. Located in the
center of the Dallas-Fort Worth Metroplex, Grapevine is perfectly situated a short 25-minutes
away from both Dallas and Fort Worth. This ideal location makes it easy for all kinds of business
to serve the greater region.

Businesses also benefit from Grapevine’s proximity to two major international airports. DFW
International Airport is a short 10-minute drive via TX-114W, while and Dallas Love Field
International Airport is a quick 20-minute drive via TX-114E. Both airports provide a quick option
for employees to have easy access to a variety of locations. For example, DFW International
provides service to 194 domestic and 71 international destinations. Additionally, public transit
options such as TEXRail make commuting an easy option for any employee.

Grapevine has a relaxed, home-town, authentic environment. Residents enjoy modern amenities
without the hustle-and-bustle that dominates larger cities. Known for its Texas charm, Grapevine
is a thriving community rich in history and prime for development. The community hosts major
employers such as Gamestop Headquarters, the Gaylord Texan Resort and Convention Center,
Great Wolf Lodge, Bass Pro Shops Outdoor World, Kubota, Paycom, and thousands of small
businesses.

The Freeport Tax Exemption in Grapevine

What is the Freeport Tax Exemption? – The freeport tax exemption allows local authorities to
exempt property taxes on goods that have been acquired in or imported into Texas to be forwarded
out of the State within 175 days. There is no restriction on the destination of such goods. The
goods must remain in the continuous ownership of the person who exports them from the time of
their acquisition until the time of their export.

247 Back to Table of Contents
Table
of
Contents
Back
Back to Table of Contents
to