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TCU Professor Attributes Fort Worth's $6.7 Billion Growth to Sensible Governance and Strategic Incentives

By Advos
Dr. Brandon Chicotsky, TCU professor and private equity advisor, joins The Building Texas Show to discuss Fort Worth’s $6.7B capital investment, strategic growth, and how functional government and academic partnerships are positioning the city as a national model for economic development and quality of life.

TL;DR

Fort Worth's $6.7 billion capital investment and structured incentives like Chapter 312 tax abatements create a competitive advantage for businesses seeking growth in aerospace, tech, and manufacturing sectors.

Fort Worth's growth is driven by sensible government policies, Chapter 312 and 380 incentive agreements, academic partnerships with TCU, and strategic urban development in sectors like aerospace and logistics.

Fort Worth's economic success, blending heritage with innovation through academic programs and community development, creates opportunities for prosperity and meaningful contributions to future generations.

Fort Worth's 'Western chic' culture, from historic stockyards to Paramount-backed film productions, attracts 11.5 million visitors annually while TCU graduates earn over $100,000 in their first year.

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TCU Professor Attributes Fort Worth's $6.7 Billion Growth to Sensible Governance and Strategic Incentives

Fort Worth achieved $6.7 billion in new capital investment during fiscal year 2025, marking its strongest economic performance in over a decade according to Dr. Brandon Chicotsky, associate professor at Texas Christian University. The growth spans aerospace, technology, logistics, and advanced manufacturing sectors, with companies actively recruiting from TCU's top-ranked programs like the TCU Sales Center where graduates often earn over $100,000 in their first year.

Chicotsky, who appeared on The Building Texas Show, emphasized that Fort Worth's success stems from what he calls "sensible government" focused on outcomes rather than political performance. "We operationalize government—like mixed-use urban infill in Westside Village—while other major cities get stuck in virtue signaling," he explained. This approach has facilitated collaborations with prominent developers like John Goff and Ross Perot Jr., along with academic expansions including UTA West and Texas A&M's new downtown law school.

The city's structured approach to economic incentives represents a key differentiator according to Chicotsky. Fort Worth utilizes Chapter 312 tax abatements and Chapter 380 "pay-as-you-go" agreements to attract projects that expand the tax base without patching budget shortfalls. "We use incentives to grow, not to fill gaps," Chicotsky stated, contrasting Fort Worth's approach with what he described as "stuck cities" like Chicago or San Francisco. With 66,000 undeveloped acres available, the city is positioned for quality growth that outpaces infrastructure costs.

Beyond traditional economic metrics, Chicotsky connected Fort Worth's strategy with cultural identity, noting the city's unique blend of history and modernity. From its origins as a frontier fort to today's "Western chic" culture, the city leverages its heritage alongside contemporary developments like the Paramount-backed production campus led by Taylor Sheridan. Tourism generated significant economic impact with 11.5 million visitors in 2024 contributing over $3.5 billion to the local economy.

The full interview offers deeper insights into Fort Worth's growth model and can be viewed on the Building Texas Show website. For those interested in the academic partnerships driving this growth, more information is available through the TCU Neeley School of Business. The city's development strategy represents a case study in how municipalities can balance heritage with innovation while maintaining fiscal responsibility through structured incentive programs.

Curated from Newsworthy.ai

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Advos

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