The city is part of the Dallas Fort Worth Statistical Area and a significant part of the city limits are mostly within the Dallas/Fort Worth International Airport, with neighboring cities such as Coppell, Euless, and Irving.
In recent years several wineries have opened in Grapevine, and the city has been very active in maintaining its historic downtown corridor. The city is adjacent to Grapevine Lake, a large reservoir impounded by the Army Corps of Engineers in 1952 and serves as both a source of water and recreational area. Part of Dallas/Fort Worth International Airport is located within Grapevine city limits, the largest portion of any municipality bordering the facility. In 2007 CNNMoney.com rated Grapevine as one of “America’s Best Places to Live.”
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