Not too long ago, buying a home near an airport was considered undesirable. Now, as these transportation hubs assume their new identity as core business infrastructure in the age of globalization and technology, real estate near the airport is quickly transforming into the most desirable land available. According to a recent article in Forbes, “we are coming into an age where the areas in proximity to major airports will become our next boomtowns,” with the wealthiest and business elite, our “most speed and connectivity-needy segments of the population,” will be the ones flooding in. This is especially true of Southlake.
“Quick connectivity to air transport hubs will be essential for individuals and businesses to stay competitive in the 21st century,” asserts John Kasarda, coauthor of Aerotropolis and chief adviser to the booming Zhengzhou Airport Economic Zone in China. Fears about the net age supplanting the jet age, and internet-based communication technology rendering face-to-face meetings obsolete, have been entirely misplaced. According to Kasarda, “the opposite has occurred: the net age has only initiated and facilitated a need for more jet travel.” In the new, accelerated global economy, faster connectivity has opened doors for the businesses to become worldwide operations.
The Forbes article “Why You Should Want To Live Right Next To An Airport” draws attention to Southlake in particular as a city that has successfully embraced its identity as an air travel hub, and is now reaping major economic benefits.
“Wealthy individuals and companies began coming in for the logistical connectivity proximity to the airport offered, which caused a socio-economic snowball effect where the influx of money raised the profiles of schools and other public amenities, which in turn attracted more wealthy individuals and companies. The result was one of the most wealthy places in the country right outside the gates of a major airport — a direct about-face from how this story usually goes.”
Read the full article on Forbes.com.