The $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 $5 Billion Mile. Frisco now claims one of the most dynamic development concentrations in America with $5.4 billion in investment, either announced or under construction, within a one-mile stretch of road along the Dallas North Tollway from Warren Parkway north to Lebanon Road.
Four developments make up the $5 Billion Mile:
The Star in Frisco (Dallas Cowboys World Corporate Headquarters) $1 Billion
Frisco Station $1.7 Billion
The Gate $700 Million
Wade Park $2 Billion
The Developments
91- acre, mixed-use – 66 acres retail, privately developed – 5-acre headquarters, privately developed – 20 acre multi-use event center, publicly developedPotential 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 HQ and MUEC opening: summer 2016
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THE STAR IN FRISCO Dallas Cowboys World Corporate Headquarters and Multi-use Event CenterPublic-private partnership with the Dallas Cowboys, Frisco Independent School District and the City of Frisco… read more.[ View video from O’Brien Architects ]Dallas Cowboys and Omni Hotels & Resorts partner to build hotel at Frisco, TX HeadquartersDallas Cowboys team with Frisco ISD, City of Frisco to build multi-use, special events and sports facility |
• Land Owner:
Rudman Partnership
• 242 acres
• Mixed-use project
• Office, retail,
restaurant & residential • Land use plan being revised with adjacent Dallas Cowboys Project
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FRISCO STATION [ View Frisco Station Development Package ]The Rudman Partnership to launch Frisco Station with Hillwood Properties and VanTrust Real Estate |
• 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: |
THE GATE [ View video from IGO ]Dubai-based Invest Group Overseas announces plans for The Gate in Frisco, TX |
• Developer:
Thomas Land Development• 175 acre, mixed-use • Retail: 600,000 SF
• Office: 6,000,000 SF
• Hotels: 500 + rooms
• Residential: 1,300 units
• Whole Foods, iPic Theatre, Pinstripes
Groundbreaking: |
WADE PARK Wade Park websiteWatch video on Wade Park’s ties to a founding Frisco familyWade Park groundbreaking marks start of major Frisco mixed-use center by Thomas Land DevelopmentWade Park in Frisco signs iPic Theaters and Pinstripes Bowling, Bocce, BistroHotel ZaZa plans second DFW location for Wade Park in Frisco |
Source: http://www.friscoedc.com/5-billion-mile