Frisco Texas ‘5 Billion Dollar Mile’

by rmears

Frisco Texas “$5 Billion Mile”

Frisco, Texas, is known for exemplary schools, pristine parks and destination dining, retail, sports and entertainment. The city is also a magnet for a skilled workforce who are contributing to Frisco’s rapid annual residential growth-rate of more than five percent.

The next chapter in Frisco’s success story is the Frisco’s “5 Billion Dollar Mile”, which includes developments either announced or under construction along the Dallas North Tollway (DNT) stretching from the Sam Rayburn Tollway/SH 121 to US Highway 380. Frisco now claims one of the most dynamic development concentrations in America.

HALL Park

Developer: HALL Group

162-acre development, office & retail/restaurants

  • Class-A office: more than 2.5 million
  • Building 17: 12-story, 300K SF, spec Class-AA office building completed Dec. 2017
  • Home of the Texas Sculpture Garden & world-renowned public art collection

THE STAR IN FRISCO

Dallas Cowboys World Corporate Headquarters and Multi-use Event Center

91-acre, mixed-use

  • 66 acres retail, privately developed
  • 5-acre headquarters, privately developed
  • 20 acre multi-use event center, publicly developed
  • Potential development impact: 1,708,000 SF
  • Two hotels with 480 rooms
  • Potential 4,500 new jobs at full development
  • Multi-use indoor stadium 12,000 seats
  • The Ford Center at The Star: HQ and MUEC opening late summer 2016
  • Investment value: $1.5 Billion

Baylor Scott & White Sports Therapy & Research at The Star

Developer: Blue Star Land

  • 9-story, 300K medical office building
  • Surgery center, pharmacy, outpatient imaging, urgent care
  • Indoor/outdoor sports performance center
  • 1,063 space structured parking garage
  • Groundbreaking: June 2016
  • Opened April 2018
  • Investment Value: $110 Million

FRISCO STATION

Developers: The Rudman Partnership, Hillwood Properties, VanTrust Real Estate

242 acres, Mixed-use development

  • Office: 6M SF
  • Medical office: 990K SF
  • Retail: 200K SF
  • Restaurants: 75K SF
  • Hotel: 200 rooms
  • Residential: 2,400 MF units
  • Investment value: $1.8 Billion

THE GATE

Developer: Invest Group Overseas (IGO)

  • Office space: 4 Million SF
  • Hotel rooms: 250
  • Multi-family units: 2,400
  • Single family units: 73
  • Retail space: 122,000 SF
  • Restaurants: 75,000 SF
  • Medical offices: 415,000 SF
  • Investment value: $1 Billion

Texas Scottish Rite Hospital for Children – North Campus

Developer: Texas Scottish Rite Hospital for Children

  • 40-acre medical campus
  • 5-story, 300K SF ambulatory care center
  • 30 acres of parks & sports fields
  • Conference center
  • Groundbreaking: October 19, 2016
  • Expected opening in fall 2018
  • Investment Value: $135 Million

Stonebrook Business Park

Developer: Goveia Commercial Real Estate

37-acre, Class A, mixed-use development

  • 3-story, Spec Class A value office: 480K SF
  • Retail & restaurants: 38K SF
  • 2 Hotels w/ 300 rooms
  • Conference center
  • 2 parking garages w/ 1,350 spaces total & Additional 1,086 surface parking spaces

National Soccer Hall of Fame

Developer: FC Dallas, City of Frisco, Frisco ISD, U.S. Soccer Federation

  • Public-private partnership among FC Dallas, the City of Frisco, Frisco ISD, and U.S. Soccer Federation
  • 100K SF, including 24K SF of exhibit space
  • NSHOF Experience: 19,350 SF
  • NSHOF Club: 3,200 lower level seats and 250 upper level seats, & 3 event areas
  • 3K SF soccer specialty store
  • Anticipated opening on October 20, 2018
  • Investment Value: $39 Million

The Railhead

Developers: Newman Real Estate, Shula Netzer Real Estate, Koa Partners

80-acre, mixed-use development

  • 10-story, Class-A office tower (Railhead Tower): 250K SF
  • Residential: High-rise with 200 apartment units
  • Proposed 5/1,000, 4-level parking garage
  • Investment Value: $1.5 Billion

Texas Health Hospital Frisco

Developer: Texas Health Resources & UT Southwestern Medical Center

20-acre hospital & medical office complex

  • 325K SF, 8-story hospital
  • 80-bed acute care facility
  • Medical office: 120K SF w/ 90K SF for clinic space
  • 4-story parking garage
  • 24/7 emergency room
  • Women’s services
  • Neonatal ICU
  • Kickoff August 30, 2017
  • Hospital expected opening in 2019
  • Investment value: $270 Million

Published on 2018-07-31 15:34:25