Frisco Realtor Event Generates Much Excitement For $5 Billion Mile Developments & Community

As a Frisco realtor, I am proud to share the many benefits of living in Frisco and, apparently, people are hearing me. Frisco is growing in leaps and bounds, and is considered a boomtown right now due to the high level of construction. As a result, my enthusiasm for Frisco’s unprecedented expansion knows no bounds.

The excitement was shared reflected recently during a breakfast event for local realtors sponsored by Group One Networking at the Stonebriar Country Club that featured presentations by the Frisco Independent School District, the City of Frisco, and the Frisco Economic Development Corporation.

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Representatives of each organization shared their excitement, knowledge and anticipation about developments that are under construction or nearing the building stage.

These are all major additions to our community that will provide turnkey conveniences and amenities to families with a variety of retail and mixed use outlets, and all are within a short drive of your front door.

Let’s focus on the developments comprising the $5 Billion Mile that encompasses a staggering 549 acres, and whose name is derived from the $5.7 billion that has already been invested. The $5 Billion Mile, which is expected to add nearly 45,000 jobs when complete, is comprised of The Star in Frisco, The Gate, The Forum at Wade Park, and Frisco Station.

 

The Star In Frisco

The $350 Million, 91-acre The Star in Frisco will be home to the Dallas Cowboys World Corporate Headquarters at the northwest corner of Warren Parkway and the Dallas North Tollway. This mixed-use development boasts 66 acres of retail and restaurant space, five acres for the headquarters, and a 20-acre multi-use event center with a potential development impact of 1.7 million sq. ft. Two hotels, including The Omni will provide 480 rooms will provide 4,500 new jobs.

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The multi-use indoor stadium will seat 12,000 with a scheduled opening this summer.  The Cowboys are expected to hold some of their preseason workouts here, and Frisco ISD student athletes will use the facility for athletic and related events. In fact, all Frisco ISD football teams (which are now in the same district) will open their 2016 season with a round-robin tournament at games at The Frisco Star.

 

Frisco Station

Surrounding The Star on three sides will be Frisco Station, a dense 242-acre mixed use urban-style development similar to State Farm Insurance CityLine complex under construction in Richardson and the Legacy West complex planned for Plano.

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Frisco Station will add nearly 15,000 new jobs and provide 4.4 million sq. ft. of office space in several towers, 275,000 of restaurant and retail space, 200 hotels rooms, 120 single-family units, and 2,400 multi-family mid-rise apartment units, medical facilities.

 

The Gate

Just a short distance north on the west side of The Tollway, The Gate is a 41-acre mixed-use luxury development that will be built on the northwest corner at John Hickman Parkway.

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In addition to adding 3,500 new jobs, The Gate will offer a refreshing take on the “live-work-play” environment by offering four eight-story office buildings totaling 800,000 square feet, a 90-room boutique hotel, two 10-story luxury condos, 980 luxury apartments, and 100,000 square feet of restaurant and retail space.

 

The Forum at Wade Park

The Forum at Wade Park, located on the east side of The Tollway on the southeast corner at Lebanon Road, will be a 175-acre mixed-use creation providing Frisco with another “live-work-play” center. The development will be anchored by a 45,000 square foot Whole Foods Market retail store, which offers a large selection of natural and organic products.

The Forum will merge approximately 600,000 square feet of high end retail space with up to three million square feet of commercial office space. Adding a significant 22,000 new jobs, the development will also offer more than 1,300 multi-family residential units and 127 Charleston-style single family homes that include luxury amenities and elite-level concierge services.

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The local skyline will take on a striking look with the 35-story Langham Hotels & Resorts property. The hotelier’s first Texas location will open in 2018. Plans call for 250 rooms in a 35-story high rise that will also include residential units. Hotel ZaZa will add another 250 rooms, and more than half a dozen chef-inspired eateries. A pedestrian bridge will link the hotel to a planned office tower and an iPic Theater.

For more information about living in Frisco, please feel free to drop me a note at judiwright@ebby.com or call me at (214) 597-2985. For information on Frisco, Texas visit www.judiwright.com. Blog by Top Realtor Judi Wright with Ebby Halliday – The Judi Wright Team.

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