Cowtown city leaders breathed a sigh of relief in October when American Airlines announced it was keeping its headquarters in Fort Worth.
The carrier, based in Fort Worth since 1979, revealed its plans to build a corporate campus on the site of its old 1980s headquarters which had been vacant for several years.
The news came after months of rumors that American was considering possible headquarters sites in Irving and Dallas. But after spending $88 million on a new integrated operations center in Fort Worth, the safe bet was that American would stay in the city.
Fort Worth offered American a $21.25 million tax incentive package for the new headquarters and Dallas/Fort Worth Airport, which owns the site, extended the lease on the site to American for 99 years.
The $350 million corporate campus, located on Trinity Blvd. less than a mile from its existing headquarters on Amon Carter Blvd., will include several buildings and is expected to open in 2018. American officials anticipate breaking ground on the project in the middle of next year.