Development Update for Group One Real Estate Network February 22, 2018
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- Cornelius Payne
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1 Development Update for Group One Real Estate Network February 22, 2018
2 DNT Corridor Developments ONE MILE: Dallas North Tollway between Warren Pkwy. & Lebanon Rd. THREE PROJECTS: The Star in Frisco Frisco Station The Gate $4.3 Billion: Investment that has been announced or is already under construction FRISCO STATION $1.8 Billion THE STAR IN FRISCO $1.5 BILLION THE GATE $1 BILLION
3 THE STAR IN FRISCO $1.5 Billion Dallas Cowboys World Corporate Headquarters & Training Facility 91 Acres NWC Dallas North Tollway and Warren Parkway
4 The Star in Frisco - Site Plan
5 The Star in Frisco 91 acres owned by the Frisco Community Development Corporation 71 acres sold to and developed by Dallas Cowboys 20 acres retained by the City for development of the Ford Center Dallas Cowboys World Corporate Headquarters - 411,000 SF Class A office building 180,000 SF retail\restaurant commercial 85% leased Omni Hotel
6 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 event center / indoor stadium & practice fields Example events: high school football playoffs, NCAA DI Lacrosse Patriot Cup, championship boxing, Track & Field Classic
7 Omni Hotel at The Star in Frisco 16 stories with 300 guest rooms 25,000 SF conference center 250,000 SF Opened July 2017
8 The Star Gaylord Office Building
9 Baylor Scott & White Health Sports Therapy & Research 9 story - 300,000 SF office building Outpatient imaging Surgery center Urgent care Pharmacy Medical office 1,063 structured parking garage Indoor/outdoor sports performance center Groundbreaking: June 2016 Opening: Early 2018
10 Twelve - at The Star in Frisco 17-story Luxury Residential High-Rise with 160 units Southeast corner of Gaylord Parkway and Cowboys Way Commercial and retail uses on first floor Underground parking garage and open space
11 FRISCO STATION $1.8 Billion Developer: Rudman Partnership, Hillwood Properties, VanTrust Real Estate 242 Acres NWC Dallas North Tollway & Warren Parkway
12 Frisco Station Office space: 5,000,000 SF Potential jobs: 14,772 Medical office: 1,000,000 SF Hotel rooms: 600 Retail: 250,000 SF Single-family units: 120 Restaurants: 75,000 SF Urban living units: 2,400
13 FRISCO STATION Spec Class A Office Building VanTrust Real Estate *7 stories *228,000 SF *Completed September 2017
14 FRISCO STATION 625-Room Lifestyle Campus Hotel Developer: NewcrestImage Phase 1: AC by Marriott (8 stories) & Residence Inn (7 stories) *Shared amenities *325 Rooms *Groundbreaking April 2017 *Complete Summer 2018 Phase 2: Canopy Hotel by Hilton & Hyatt Place *150 rooms each *Complete Fall 2018
15 SkyHouse Frisco Station (in The Hub entertainment/retail district) 25-story Luxury Residential High-Rise with 332 rental units (studios, 1-3 bedroom apts.) Developers: Novare Group and BCDC Sky Deck on 25 th floor w/ pool, outdoor kitchen, entertainment lounge Parking garage
16 THE GATE $1 Billion Developer: Invest Group Overseas 41 Acres NWC Dallas North Tollway & John Hickman Parkway * Infrastructure starting first quarter 2017
17 The Gate 2.3M SF development (4) 8-story, 876,000 SF, Class-A office buildings Luxury 150-room, 245,000 SF boutique hotel (2)10-story luxury condos 980 urban living units 100,000 SF restaurants & retail
18 HALL PARK Building 17 Spec Class AA Office Building HALL Group SWQ Warren Pkwy & Dallas North Tollway *12 stories *300,000 SF *Steel & glass construction *3.75/1,000 parking *Completion Jan. 2018
19 Texas Scottish Rite Hospital for Children North Campus NEC Dallas North Tollway at Lebanon Road 40 acres Developer: Texas Scottish Rite Hospital 300,000 SF ambulatory care center Conference center 30 acres of parks & sports fields Groundbreaking: October 19, 2016 Est. Completion: Oct. 2018
20 Texas Health Hospital Frisco SEC Dallas North Tollway at Cobb Hill Road Developer: Texas Health Resources / UT Southwestern Medical Center (20 acres) 325,000 SF, 8-story hospital 80-bed acute care facility 120,000 SF medical office building with 90,000 SF for clinic space Jointly owned/operated by Texas Health & UT Southwestern Medical Center 4-story parking garage 24/7 emergency room Surgical services Women s services Neonatal ICU Kickoff August 30, 2017 / Hospital Opening 2019
21 STONEBROOK BUSINESS PARK Developer: Goveia Commercial Real Estate NWQ DNT & Stonebrook Parkway *3 Story Spec Office Building *90,000 SF *Now under construction
22 Frisco Fresh Market: NEC Main Street at Frisco Street 32-acre indoor and outdoor farmers market, mixed-use development 168,000 SF Farmers Market, Beer garden, retail, live entertainment, 12 restaurants 600 urban living units 3 hotels (limited service), 280+ guest rooms Under construction: Holiday Inn Express, Candlewood Suites Announced: La Quinta Del Sol Groundbreaking Phase 1: Fall 2016 Anticipated opening: Fall 2018
23 NATIONAL SOCCER HALL OF FAME & TOYOTA STADIUM IMPROVEMENTS $39 Million Investment *100,000 SF, including 24,000 SF of exhibit space *Stadium improvements completed 2017 (seating) & summer 2018 *Anticipated HOF museum opening October 2018
24 HYATT REGENCY HOTEL Stonebriar Centre Developer: Moon Hotel Stonebriar, Ltd NWQ SH 121 and Preston Road
25 HYATT REGENCY HOTEL STONEBRIAR CENTRE NWQ SH 121 & Preston Rd. Developer: Moon Hotel Stonebriar, Ltd. Anticipated opening Dec *15-story luxury hotel *303 Rooms *50,000 SF of meeting space *800-space parking garage
26 KidZania USA - First U.S. location opening April 2019 at Stonebriar Centre *Includes U.S. Corporate Headquarters *85,000 SF *150 full-time jobs *Educational & entertainment job role-play center for children 4-12
27 Installation of a front section of a Boeing plane on December 13, 2017 at future site of KidZania USA located at Stonebriar Centre mall.
28
29 Thank you, Ron K. Patterson Interim President Frisco Economic Development Corporation R P a t t e r s o F r i s c o Te x a s. g o v
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