Frisco Development Update Keller Williams Business Monday Blast

Transcription

1 Frisco Development Update Keller Williams Business Monday Blast

2 FRISCO FAST FACTS AND STATS

3 Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population ,030 Population 2000 Census 33,714 Population Build-Out 350,000+

4 Frisco Fast Facts & Stats Frisco s Growth 307% from nd fastest-growing city in America (as of July 2014) Fastest-growing city in America ( ) Land square miles 70.2 Land Developed 59% Population ,030 Population 2000 Census 33,714 Population Build-Out 350,000+

5 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

6 Frisco Independent School District and Workforce Enrollment ,991 Projected Enrollment ,848 Number of Schools 64 Residents % w/bachelor s or Grad Degree Workforce Estimate 70,184 Unemployment 3.2%

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 $5.4 BILLION Investment that has been announced or is already under construction

9 $5 BILLION MILE STATS 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 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

10 $5 BILLION MILE STATS 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 3,500 Wade Park 175 Acres $2,000,000,000 6,500,000 6,000,000 22, Acres $5,400,000,000 14,585,000 12,900,000 43,772

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

12 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

13 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

14 The Ford Center at The Star in Frisco 2 outdoor practice fields 1 artificial turf / 1 grass

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 Developer: Rudman Partnership, Hillwood Properties, VanTrust Real Estate 242 Acres NWC Dallas North Tollway & Warren Parkway

17 Frisco Station Office 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

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

19 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

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

21 Wade Park 175 acres, mixed-use project Office: 6,000,000 SF Hotels: rooms Retail: 500,000 SF Residential: 1,300 units Whole Foods, ipic Theatre, Pinstripes, Hotel ZaZa, Langham Hotel, The Rustic

22 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

23 FRISCO EDC PROJECTS

24 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

25 Frisco Bridges Place Developer: Heady Investments Spec, six-story, Class-A office building, 100% covered parking 170,000 SF Parking Garage Completion: 4 th quarter 2015

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 2016

27 Frisco Hyatt House Developer: Newcrestimage Six-story 132 rooms Completion: 4 th quarter 2015

28 Texas Scottish Rite Hospital Developer: Scottish Rite Hospital 40 acres 200,000 SF ambulatory care center Conference center 30 acres: parks/sports fields Expected completion: 2017

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 Located SWC of DNT at Lebanon Groundbreaking June 26, 2015 Completion 1 st quarter 2016

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

31 Stonebrook Business Park Developer: Goveia Commercial RE Groundbreaking: 4 th quarter 2015 Class-A office: 600,000 SF Retail & restaurants: 27,000 SF Hotel: 150 rooms Conference center

32 City of Frisco Grand Park Frisco Community Development Corporation Frisco Economic Development Corporation 350 acres, including: 140 acres commercial development Phase I - $33M for public park & water feature

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 Completion: 4 th quarter 2015

34 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

35 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 Completion: 4 th quarter 2015

36 Hampton Inn & Suites Developer: Sports Village Hospitality Realty Five-story hotel 103 rooms Located next to FieldhouseUSA Grand Opening: April 2015

37 Performance Indoor Training (The P.I.T.) 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

38 Cornerstone Automation Systems, Inc. (CASI) Developer: CASI 12 acres 160,000 SF office, manufacturing & warehouse Grand Opening: November 2014

39 Frisco North 330 acres Cinemark Theatre announced June 2013 Retail, office, hotels, restaurants, multi-family and medical Open space & amenities

40 Frisco EDC Future Business Park Parcel # AC Parcel # AC Parcel # AC

41 FriscoEDC.com/5BMile #5BMILE

42 Thank you, Dave Quinn Vice President John M. Bonnot Director Economic Development