Frisco Development Update Dallas Builders Association

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Buddy Gilbert
7 years ago
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1 Frisco Development Update Dallas Builders Association

2 FRISCO FAST FACTS

3 Frisco Fast Facts & Stats Land Square Miles 70.2 Land Developed 62% Population ,680 Population 2000 Census 33,714 Population Build Out 375,000+

4 Frisco s Growth 307% from nd fastest-growing city in America (as of July 2014) Fastest-growing city in America ( )

5 Residential Demographics Average Age 36 Households w/children 32.9% 17 & Younger Median Household $115,603 Income Average Home Value $359,924 Median Monthly Mortgage $2,187

6 Frisco Independent School District and Workforce Enrollment ,685 Projected Enrollment ,848 High Schools 8 Number of Schools 64 Residents % w/bachelor s or Grad Degree Workforce Estimate 75,633 Unemployment 2.9%

7 THE $5 BILLION MILE #5BMILE

8 ONE MILE: Dallas North Tollway between Warren Pkwy. & Lebanon Rd. FOUR PROJETS: The Star in Frisco Frisco Station The Gate Wade Park $5.7 BILLION: Investment that has been announced or is already under construction

9 $5 BILLION MILE STATS Development Acres 549 Potential Investment $5,700,000,000 Commercial SF (total) 14,585,000 Office Space SF 12,996,510 Hotel Rooms 1,320 Potential New Direct Jobs 43,772 Announced: The Star: Dallas Cowboys World Corporate HQ and training facility, 12,000 seat multi-use event center, Omni Hotel, 200K sf sports medicine facility Wade Park: Hotel ZaZa, Langham Hotel, Whole Foods, ipic Theatre, Pinstripes, The Rustic, Yard House, Luna Grill

10 $5 BILLION MILE (By the Numbers) Size of Development Potential Investment Commercial Square Footage Office Square Footage Potential New Direct Jobs The Star in Frisco 91 Acres $1,000,000,000 1,708,000 1,000,000 4,500 Frisco Station 242 Acres $1,700,000,000 5,297,000 5,100,000 14,772 The Gate 41 Acres $1,000,000,000 1,080, ,510 3,500 Wade Park 175 Acres $2,000,000,000 6,500,000 6,000,000 22, Acres $5,700,000,000 14,585,000 12,996,510 43,772

11 THE STAR IN FRISCO $1 Billion Dallas Cowboys World Corporate Headquarters & Training Facility 91 Acres NWC Dallas North Tollway and Warren Parkway

12 THE STAR IN FRISCO $1 Billion Dallas Cowboys World Corporate Headquarters & Training Facility 91 Acres NWC Dallas North Tollway and Warren Parkway

13 The Star in Frisco 91 acres, mixed-use project 71 acres developed by the Dallas Cowboys 1,708,000 SF commercial 2 hotels with 480 rooms total (Omni Hotel announced October 2014) 4,500 potential new jobs at build out

14 The Ford Center at The Star in Frisco Ford Motor Company & Texas Ford Dealers Long-term sponsorship & naming rights Publicly-owned, 557,881 SF, 12,000 seat multi-use events center / indoor stadium & practice fields Dallas Cowboys World Corporate Headquarters - 411,000 SF Class-A office building Opening: summer 2016

15 Omni Hotel at The Star in Frisco 16 stories Opening: hotel rooms 250,000 square feet 43,000 sf conference center 13,000 sf ballroom & 24,000 sf breakout space

16 FRISCO STATION $1.7 Billion Developer: Rudman Partnership, Hillwood Properties, VanTrust Real Estate 242 Acres NWC Dallas North Tollway & Warren Parkway

17 Frisco Station Office space: 6.0 Million SF Potential direct jobs: 14,772 Medical office: 990,000 SF Hotel rooms: 200 Retail: 200,000 SF Single-family units: 120 Restaurants: 75,000 SF Multi-family units: 2,400

18 THE GATE $1 Billion Developer: Invest Group Overseas 41 Acres NWC Dallas North Tollway & John Hickman Parkway

19 The Gate 41 acre development: 2,300,000 SF (4) 8-story, Class-A office buildings: 896,510 SF Luxury boutique hotel: 90-room, 150,000 SF (2) 10-story luxury condos Luxury apartment units: 980 units Restaurants & retail: 100,000 SF

20 WADE PARK $2 Billion Developer: Thomas Land Development 175 acres SEC Dallas North Tollway & Lebanon Road

21 Wade Park 175 acres, mixed-use project Office: Retail: 6,000,000 SF 900,000 SF Hotels: Residential: rooms 1,300 units Whole Foods, ipic Theatre, Pinstripes, Hotel ZaZa, Langham Hotel, The Rustic, Yard House, Luna Grill

22 Langham Hotel Tower at Wade Park Developer: Langham Hospitality Group 35-story tower 25 floors for luxury hotel 250 hotel rooms 25,000 sf meeting space Rooftop pool deck 10 floors for residential homes Opening: early 2018

23 FRISCO EDC PROJECTS

24 1. Frisco Bridges Place 2. Drury Inn & Suites 3. Frisco Hotel Indigo 4. Frisco Hyatt House 5. The Shops at Starwood Phase III 6. Texas Scottish Rite Hospital 7. Verona Villa 8. Stonebrook Business Park 9. The Tower at Frisco Square 10. National Soccer Hall of Fame 11. Frisco Fresh Market 12. Gander Mountain 13. Frisco Commerce Center

25 Frisco Bridges Place Developer: Heady Investments Spec, six-story, Class-A office building, 100% covered parking 170,000 SF Class-A Office Completion: 1 st quarter 2016

26 Drury Inn & Suites Developer: Drury Southwest, Inc. SE corner Gaylord Pkwy & DNT 9-story hotel 185 rooms 3,000 sf of meeting space 200 parking spaces Completion: Summer 2017

27 Frisco Hotel Indigo Developer: Dabu Hotels, LLC SWC Avenue of the Stars & Seei Circle 6-story hotel 110 rooms Blacklands Bar & Grill Groundbreaking: 1 st quarter 2016 Completion: Summer 2017

28 Frisco Hyatt House Developer: Newcrestimage Six-story 132 rooms Opening: 1 st quarter 2016

29 The Shops at Starwood Phase III Developer: Whitestone REIT 24,000 sq ft of restaurant and retail 8,600 sq ft of office space SWC of DNT at Lebanon Groundbreaking June 2015 Completion 1 st quarter 2016

30 Texas Scottish Rite Hospital Developer: Scottish Rite Hospital NEC of DNT & Lebanon 40 acres 280,000 SF ambulatory care center Conference center 30 acres: parks/sports fields Expected completion: 2017

31 Verona Villa Tuscan-style event center NWC Dallas Pkwy at Stonebrook Pkwy 16,000 SF Expected completion: summer 2016 Upscale indoor flex space & lush landscape, outdoor space Weddings, life events, corporate meetings & conferences

32 Stonebrook Business Park Developer: Goveia Commercial Real Estate Class-A office space: 600,000 SF Hotel: 150 rooms Retail & restaurants: 27,000 SF Conference Center

33 Tower at Frisco Square Developers: Wolverine Interests & Encore Office, LLC 5 story, Class-A office building 155,000 SF Gearbox Software corporate headquarters & production studio Groundbreaking: August 2014 Grand opening: December 2015

34 National Soccer Hall of Fame Located within Toyota Stadium 100,000 sq ft $39M project 24,000 sq ft exhibit space Front Entrance Located within Toyota Stadium Completion: December 2017

35 Frisco Fresh Market Farmers market mixed-use development 152,500 SF retail 60,000 SF office 600 multi-family units 200 hotel rooms - limited service 32 acres NEC Main Street at Frisco Street

36 Gander Mountain Eldorado Marketplace 60,000 SF retail Opening in fall 2016 NWC Eldorado and Dallas North Tollway

37 Frisco Commerce Center Developer: Crow Holdings Management Contact: Stream Realty 8.1 acre site 137,020 SF office, technical and distribution space 27 dock doors, 2 ramps Under construction Completed: 4 th quarter 2015

38 Thank you, John M. Bonnot Director Economic Development

If You Build It They Will Come

If You Build It They Will Come June 2007 City of Frisco, Texas City of Frisco Location Located in Collin & Denton Counties 25 miles North of Dallas-Fort Worth International Airport SH121 Southern border