keller williams - frisco edcfriscoedc.com/sites/default/files/files/frisco development update... ·...
TRANSCRIPT
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Frisco Development UpdateKeller Williams
‘Business Monday Blast’
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FRISCO FAST FACTS
AND STATS
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Frisco Fast Facts & Stats
Land square miles 70.2
Land Developed 59%
Population 10.01.2015 151,030
Population 2000 Census 33,714
Population Build-Out 350,000+
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Frisco Fast Facts & Stats
Land square miles 70.2
Land Developed 59%
Population 10.01.2015 151,030
Population 2000 Census 33,714
Population Build-Out 350,000+
Frisco’s Growth
• 307% from 2000 – 2014
• 2nd fastest-growing city in America (as of July 2014)
• Fastest-growing city in America (2000 – 2009)
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Residential Demographics
Average Age 34.5
Households w/children 33.2%
17 & younger
Median Household $109,956
Income
Average Home Value $317,560
Median Monthly Mortgage $2,152
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Frisco Independent School District
and Workforce
Enrollment 08.31.2015 52,991
Projected Enrollment 2020 65,848
Number of Schools 64
Residents 25+ 59%w/Bachelor’s or Grad Degree
Workforce Estimate 70,184
Unemployment 3.2%
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THE $5 BILLION MILE
#5BMILE
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ONE MILEDallas North Tollway between
Warren Pkwy. & Lebanon Rd.
FOUR PROJETS• The Star in Frisco
• Frisco Station
• The Gate
• Wade Park
$5.4 BILLIONInvestment that has been
announced or is already
under construction
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• Development Acres 549
• Potential Investment $5,400,000,000
• Commercial SF (total) 14,585,000
• Office Space SF 12,900,000
• Hotel Rooms 1,320
• Potential New Direct Jobs 43,772
$5 BILLION MILE STATS
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
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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 $700,000,000 1,080,000 800,000 3,500
Wade Park 175 Acres $2,000,000,000 6,500,000 6,000,000 22,000
549 Acres $5,400,000,000 14,585,000 12,900,000 43,772
$5 BILLION MILE STATS
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THE STAR IN FRISCODallas Cowboys World Corporate Headquarters & Training Facility
91 Acres NWC Dallas North Tollway and Warren Parkway
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The Star in Frisco 91 acres, mixed-use project
1,708,000 SF commercial
2 hotels with 480 rooms total (Omni Hotel announced October 2014)
4,500 potential new jobs at build out
71 acres developed by the Dallas Cowboys
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The Ford Center at The Star in Frisco Ford Motor Company & Texas Ford Dealers
Long-term sponsorship & naming rights
Publicly-owned, 12,000 seat multi-use events center / indoor stadium & practice fields
Dallas Cowboys’ World Corporate Headquarters office building
Opening: summer 2016
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The Ford Center at The Star in Frisco
2 outdoor practice fields
1 artificial turf / 1 grass
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Omni Hotel at The Star in Frisco
16 stories
300 hotel rooms
250,000 square feet
43,000 sf conference center – 13,000 sf ballroom & 24,000 sf breakout space
Opening: 2017
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FRISCO STATIONDeveloper: Rudman Partnership, Hillwood Properties, VanTrust Real Estate
242 Acres NWC Dallas North Tollway & Warren Parkway
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Frisco StationOffice space: 5.1 Million SF Potential direct jobs: 14,772
Medical office: 990,000 SF Hotel rooms: 200
Retail: 122,000 SF Single-family units: 120
Restaurants: 75,000 SF Multi-family units: 2,400
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THE GATEDeveloper: Invest Group Overseas
41 Acres NWC Dallas North Tollway & John Hickman Parkway
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The Gate• 41 acres, 2.3M SF development
• 4, 8-story, 800,000 SF, Class-A office buildings
• Luxury 90-room, 150,000 SF boutique hotel
• 2, 10-story luxury condos
• 980 luxury apartment units
• 100,000 SF restaurants & retail
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WADE PARKDeveloper: Thomas Land Development
175 acres SEC Dallas North Tollway & Lebanon Road
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Wade Park• 175 acres, mixed-use project
• Office: 6,000,000 SF
• Retail: 500,000 SF
• Whole Foods, iPic Theatre, Pinstripes, Hotel ZaZa, Langham Hotel, The Rustic
• Residential: 1,300 units
• Hotels: 500 + rooms
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Langham Hotel Tower at
Wade Park
Developer:
Langham Hospitality Group
• 35-story tower
• 25 floors luxury hotel
• 250 hotel rooms
• 25,000 sf meeting space
• Rooftop pool deck
• 10 floors residential homes
• Opening: early 2018
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FRISCO EDC
PROJECTS
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1. Frisco Bridges Place
2. Drury Inn & Suites
3. Frisco Hyatt House
4. Texas Scottish Rite Hospital
5. The Shops at Starwood – Phase III
6. Verona Villa
7. Stonebrook Business Park
8. Grand Park
9. Tower at Frisco Square
10. Frisco Fresh Market
11. Frisco Commerce Center
12. Hampton Inn & Suites
13. Performance Indoor Training (PIT)
14. Cornerstone Automation Systems
15. Frisco North
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Frisco Bridges Place
Developer: Heady Investments
Spec, six-story, Class-A office building, 100% covered parking
170,000 SF Parking Garage
Completion: 4th quarter 2015
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• 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 2016
Drury Inn & Suites
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Frisco Hyatt House
Developer: Newcrestimage
Six-story
132 rooms
Completion: 4th quarter 2015
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• Developer:
Scottish Rite Hospital
• 40 acres
• 200,000 SF ambulatory
care center
• Conference center
• 30 acres: parks/sports fields
• Expected completion: 2017
Texas Scottish Rite Hospital
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The Shops at Starwood – Phase III
Developer: Whitestone REIT
24,000 sq ft of restaurant and retail
8,600 sq ft of office space
Located SWC of DNT at Lebanon
Groundbreaking June 26, 2015
Completion 1st quarter 2016
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Verona Villa
Tuscan-style event center
16,000 SF
Upscale indoor flex space & lush landscape, outdoor space
Weddings, life events, corporate meetings & conferences
NWC Dallas Pkwy at Stonebrook Pkwy
Expected completion: spring 2016
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Stonebrook Business Park
Developer: Goveia Commercial RE Groundbreaking: 4th quarter 2015
Class-A office: 600,000 SF
Retail & restaurants: 27,000 SF
Hotel: 150 rooms
Conference center
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• City of Frisco
• Frisco Community Development
Corporation
• Frisco Economic Development
Corporation
• 350 acres, including:
• 140 acres commercial
development
• Phase I - $33M
for public park & water feature
Grand Park
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• Developers: Wolverine Interests &
Encore Office, LLC
• 5 story, class A office building
• 155,000 SF
• Gearbox Software corporate
headquarters & production studio
• Groundbreaking: August 2014
• Completion: 4th quarter 2015
Tower at Frisco Square
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Frisco Fresh Market Farmers market mixed-use development
100,000 SF retail
200,000 SF office
600 multi-family units
120 room limited service hotel
32 acres
NEC Main Street at Frisco Street
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• 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
• Completion: 4th quarter 2015
Frisco Commerce Center
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• Developer: Sports Village
Hospitality Realty
• Five-story hotel
• 103 rooms
• Located next to
FieldhouseUSA
• Grand Opening: April 2015
Hampton Inn & Suites
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• 56,000 SF soccer complex
• 5 indoor soccer fields
• 1 outdoor soccer field
• Outdoor sand soccer pits
• State-of-the-art indoor training
simulator
• Grand Opening: June 2015
Performance Indoor Training
(The P.I.T.)
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• Developer: CASI
• 12 acres
• 160,000 SF office,
manufacturing & warehouse
• Grand Opening: November 2014
Cornerstone Automation Systems,
Inc. (CASI)
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• 330 acres
• Cinemark Theatre announced
June 2013
• Retail, office, hotels,
restaurants, multi-family
and medical
• Open space & amenities
Frisco North
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Frisco EDC
‘Future’
Business Park
Parcel #1
94.0 AC
Parcel #2
115.0 AC
Parcel #3
20.0 AC
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#5BMILE
FriscoEDC.com/5BMile
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Thank you,
Dave QuinnVice President
972.292.5158
John M. BonnotDirector | Economic Development
972.292.5143
http://www.friscoedc.com/publications-presentations