FORT WORTH-AllianceTexas, a footprint for many CRE firsts in North Texas, has landed yet another. Not only will it be the home base for a startup passenger and cargo air charter company, but the win also makes it the first operator of its type to be based at Fort Worth Alliance Airport.

Construction on Peregrine Point LLC’s 58,800-sf office and two connected hangars got under way yesterday on a 6.5-acre ground-leased tract along Heritage Parkway at the southeastern end of the airport. Peregrine Point, led by general manager Randy Taylor, set up shop about three months ago in temporary space at AllianceTexas.

“They were looking at different points around the country and selected Alliance,” says Bill Burton, senior vice president of Hillwood, the mastermind behind the 17,000-acre AllianceTexas. He tells that 15 employees have been hired to date and that is expected to double as the operator shifts into high gear in August. The company is a mix of pilots and technicians from several US cities.

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