residential development update

Transcription

residential development update
RESIDENTIAL DEVELOPMENT UPDATE
SEPTEMBER 1, 2013
DEVELOPMENT SERVICES
DEPARTMENT
NEW SINGLE-FAMILY PERMITS ISSUED IN AUGUST, 2013
In August, 2013, Frisco issued 226
permits for new Single-Family
residential units.
RO L ATE R R D
S TO NE B RO O K P K W Y
L E BA NO N R D
C U S TE R R D
1,641
MAIN ST
I ND E P E ND E NC E P K W Y
1,577
ELDORADO PKWY
CO I T R D
TOTAL
PA N T H E R CR E E K P K W Y
H I L LC R E S T R D
192
135
221
192
224
221
226
230
PRESTON RD
65
94
114
103
141
138
157
159
141
149
169
147
D A L L A S N O R T H T O L LWAY
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
WA R R E N P K W Y
L E G AC Y D R
2013
TE E L P K W Y
2012
FM 4 2 3
Month
US 380
SH
121
New Commercial
New Residential
NOTE: Chart shows permits issued, excluding
those voided or cancelled.
LOT ABSORPTION RATE
Questions about the content of
this update or suggestions for
future issues? Call 972-292-5357
or e-mail [email protected].
SNEW Permits Issued, 12-Month Average
187
200
175
150
125
100
- Phillips Creek Ranch
- Willow Bay South
- Richwoods
- Lawler Park North
- Stonelake Estates
42 permits
22 permits
21 permits
21 permits
13 permits
75
Builders:
6-month average: 219 /mo
y-1
3
pt13
Se
Jul
Ma
y-1
3
-12
r-1
2
Ma
Jan
pt12
No
v-1
2
y-1
2
12-month average: 187 /mo
This time last year: 159 /mo
Se
Jul
-11
Ma
y-1
2
Ma
Jan
r-1
1
50
pt11
No
v-1
1
The contents are estimates,
which are continually updated with
additional data and new and/or
revised submittals, and are provided
for informational purposes only.
Neighborhoods:
ABSORPTION RATE
Se
This update provides a summary of
residential development activity in
Frisco as of the date of publication.
Information shown represents a
“snapshot” of activity as of a specific
date (the 1st of the month).
MOST ACTIVE IN AUGUST
- Highland - Landon
- Standard Pacific
- Pulte
- American Legend
31 permits
26 permits
23 permits
21 permits
17 permits
SEPTEMBER 1, 2013
| RESIDENTIAL DEVELOPMENT UPDATE
RECENT SUBMITTALS
Frisco Lakes now moves on to parcel 2,
north of Stonebrook Parkway. Villages
30, 31, & 32 (PP13-0021) were submitted
in August, adding an additional 321 to
the pipeline for Frisco Lakes.
This brings the total Frisco Lakes lot
count for plats submitted to date up to
2,644. See the tables on pages 7 & 8 for
more information.
PP13-0021
S
N
TO
EB
RO
OK
PK W
Y
ANTHEM DR
Frisco Lakes Villages 2, 3, & 5, were
submitted in July and approved in
August, adding 242 lots to the pipeline.
This completes the preliminary platting
for all the property south of Stonebrook
Pkwy.
WICKFORD TRL
FRISCO LAKES EDGING NORTH
ANOTHER 1,000 LOTS FOR
THE NORTHEAST QUADRANT
ROCKHILL PKWY
The northeast quadrant pipeline jumped
significantly with two major submittals
in August: Prairie View (PP13-0022) with
466 lots, and Miramonte, Phases 2 - 5,
(PP13-0023) with 586 lots.
HILLCREST RD
R
R C
P AN T H E
EE K
PP13-0022
Y
P KW
POPULATION
ESTIMATE
The population of Frisco is estimated
at 134,800 as of September 1, 2013,
reflecting an annual growth rate of 5.5%.
To subscribe to receive the monthly
population estimate via email, typically
sent on the first business day of each
month, contact [email protected].
2
COIT RD
PP13-0023
The projects abut each other, and will fill
in the north side of Panther Creek Parkway
from Hillcrest Rd to Coit Rd.
WESTRIDGE BLVD
WHAT’S BEING BUILT IN FRISCO
Check out our ‘What’s Being Built”
web-site and see how easy it is to access
project information, including maps,
reports, and fact sheets.
You can also find links to roadway
construction, demographics, and more, in
the additional resources section.
Visit www.FriscoTexas.gov/Departments/
PlanningDevelopment/Pages/
WhatsBeingBuilt.aspx.
RESIDENTIAL DEVELOPMENT UPDATE
| SEPTEMBER 1, 2013
SINGLE-FAMILY DEVELOPMENT STAGES & TERMINOLOGY
The table below describes the stages of development and
This table, and the table and map on page 6 & 7 of this report,
terminology for Single-Family development inSFrisco.
Not
all
wereM
created
in response
feedback.
I N G L E - FA
I LY
D EtoVreader
E LO
P MIf EyouNhaveT
new subdivisions need to go through every stage (i.e., if the
questions or suggestions for future issues of this report, contact
S TAG
EusSat [email protected]
& TERMIN
O LO G Y
property was already annexed and zoned for single-family,
the
or 972-292-5357.
developer can proceed with a Preliminary Plat).
ANNEXATION
Land annexed into the City is typically given the zoning
category of Agricultural (AG).
“Future Capacity” is estimated based on acreage that is
Residential on the Future Land Use Map (Comp Plan).
ZONING
Zoning to a specific category, Planned Development (PD), or
Specific Use Permit (SUP), applies development standards.
“Zoning Capacity” is calculated based on acreage and
zoning category.
PLAT
For single-family subdivisions, a Preliminary Plat (PP) is the
first step, followed by a Construction Set (CS), and then a
Final Plat (FP).
“Lot Pipeline” (PL) includes lots that are in the review and
approval process (PP, CS, FP), where a permit has not yet
been issued for any homes.
CONSTRUCTION
Construction of infrastructure (roads, water, sewer, etc.) starts
at the CS stage. When the CS is approved construction may
go vertical (permits issued for homes).
Once the first permit is issued, or the Final Plat is recorded,
the subdivision lots are classified as “Lot Inventory.”
“Lot Inventory” (LI) includes lots that are permit-ready,
meaning a building permit may be issued for that lot at any
time without further subdivision-level reviews.
Once a permit is issued it’s removed from the Inventory and
labeled “Under Construction.”
OCCUPANCY
A Certificate of Occupancy is issued when all inspections
have been passed, allowing for the homeowner (or tenant)
to move in. A population extimate is calculated at this time.
“Population” is estimated by multiplying the completed
housing units by the persons-per-household and occupancy
rates.
3
SEPTEMBER 1, 2013
| RESIDENTIAL DEVELOPMENT UPDATE
SINGLE-FAMILY LOT INVENTORY
One measure of potential future housing permit activity is the Lot
Inventory (LI) and Pipeline (PL). The Lot Inventory is an estimate
of the number of single-family (SF) residential lots that are
permit-ready. The Lot Pipeline represents the lots that are in the
approval process (formal submittal received).
LOT INVENTORY:
2,284 
Change of Inventory: Months of Inventory: By dividing the number of lots by the average monthly permits
issued (from the previous 12 months), we can estimate the
months of inventory. Industry experts consider the market
balanced at ~24 months of inventory.
12 
Based on an Absorption Rate of: 181 (SNEW/mo)
6-Month Average
12-Month Average SF LOTS - MONTHS OF INVENTORY
219 187 LOTS IN PIPELINE:
48
42
36
30
24
18
12
6
0
+124 MTM-115 YTY
35
Pipeline Change: 6,462 
+1,018 MTM +1,965 YTY
Months of Inventory in Pipeline: 35 
Stage in Pipeline: INVENTORY
PIPELINE
13
pt-
y-1
3
LOTS |
PP – Preliminary Plat
CS – Construction Set
FP – Final Plat
Se
Jul
r-1
2
Ma
y-1
3
-12
Ma
Jan
12
No
v-1
2
ptSe
y-1
2
Jul
r-1
1
Ma
y-1
2
-11
Ma
Jan
Se
pt-
11
No
v-1
1
12
%
|Months
3,283 | 50.8% | 17.6
3,039 | 47.0% | 16.3
140 | 2.2% | 0.7
“BALANCED” MARKET
DISTRIBUTION:
BY COUNTY
COLLIN
SF Housing Units
Under Construction
Lot Inventory
Pipeline
22,849
583
1,158
3,048
57.6%
TOTAL
27,638
BY QUADRANT
DENTON
TOTAL
42.4%
47.2%
16,799
609
1,126
3,414
52.8%
39,648
1,192
2,284
6,462
55.7%
21,948
44.3%
49,586
48.9%
50.7%
NE
51.1%
49.3%
SE
SF Housing Units
Under Construction
Lot Inventory
Pipeline
5,448
270
680
2,177
13.8%
29.1%
33.7%
TOTAL
8,638
17.4%
12,903
29.8%
NW
30.4%
11.1%
26.0%
16,602
23.8%
16.5%
LI = LOT INVENTORY
|
PL = PIPELINE
SE
SW
11,987
479
971
3,060
NOTE: The quadrant boundaries are Main Street and Preston Road
4
NE
SW
11,483
277
377
720
23.2%
NW
26.7%
47.4%
10,528
139
256
505
33.5%
11,443
23.1%
41.1%
42.5%
11.9%
11.2%
7.8%
RESIDENTIAL DEVELOPMENT UPDATE
| SEPTEMBER 1, 2013
LOT INVENTORY BY NEIGHBORHOOD UNIT
The City tracks development by several geographic areas including by County, Quadrant,
and Neighborhood Unit. The Neighborhood Units (NU), labeled on the maps below,
generally follow major roadways and allow a quick visual reference for development “hot
spots.” For Lot Inventory (LI) and Pipeline (PL), this is an indicator of where development
is most likely to occur next.
50
02
51
52
2,284 permit-ready lots
49
53
48
47
45
44
46
LOT INVENTORY
03
10
01
05
04
42
26 - 50
41
43
51 - 100
38
> 250
36
37
31
32
34
33
LOT PIPELINE
AS OF SEPTEMBER 1, 2013
6,462 lots
50
48
44
45
46
LOT PIPELINE
51 - 100
42
101 - 250
41
43
40
38
22
39
251 - 500
> 500
37
36
21
32
33
31
34
4
26
159
1,051
6
90
7
41
8
160
238
9
20
193
11
4
22
14
156
137
15
187
204
12
13
14
15
17
143
75
20
19
18
17
16
18
3
31
26
27
20
10
22
49
23
24
25
33
26
198
32
4
33
14
34
14
30
24
25
28
29
35
03
10
05
04
09
08
07
06
11
12
13
14
15
20
19
18
17
16
26
27
23
30
24
25
28
29
35
LI = LOT INVENTORY
|
16
94
36
01
0
1 - 50
114
11
53
47
3
06
02
49
195
07
51
52
2
08
23
22
39
101 - 250
21
40
PL
09
0
1 - 25
LI
5
Note: On the maps below, the darker the color, the greater the number of lots.
LOT INVENTORY
AS OF SEPTEMBER 1, 2013
NU #
PL = PIPELINE
15
520
213
37
135
442
38
257
273
39
53
62
41
43
527
42
187
164
43
181
1,364
44
14
45
21
47
56
131
48
129
49
24
51
64
TOTAL
2,284
182
6,462
5
SEPTEMBER 1, 2013
| RESIDENTIAL DEVELOPMENT UPDATE
LOT INVENTORY & PIPELINE ESTIMATES BY NEIGHBORHOOD
03
53
52
51
50
01
02
39
55
04
05
9
2
10
47
48
60
09 6
4
20
22
46
12
11
40
37
56
26
29 67
3
53
41
59
38
13
8
MAIN STREET
42
63
54
42
37
17
58
57
15
18
5
17
50
52
10
16
11
24
49
1
25
23
26
27
38
30
29
31
32
28
21
34
33
43
The numbers on the map above correspond to the table on the
following page. The table shows the number of lots submitted
to date (not including future phases), the Lot Inventory (permitready lots), and number of lots in the Pipeline.
35
46
47
44
6
23
22
48
19
65
15
39
16
64
18
51
41
24
36
06
14
13
34 12
25
07
66
30
20
68
62
33
19
21
40
35
61
32
28
45
44
08
31
PRESTON ROAD
49
43
36
27
14
45
7
23
Neighborhood Unit Number
13
Neighborhood (refer to table at left)
The table on pages 7 - 8 provides more details on projects in the
Pipeline, including phasing and stage of development. For more
information on the development process, refer to the chart on
page 2.
RESIDENTIAL DEVELOPMENT UPDATE
TOTAL
LI
LOTS
# NU NEIGHBORHOOD
1
2
23
Chapel Creek
48, 49 Christie Ranch
273
24
15
479
40
56
131
37
11
Preston Estates
77
4
38
26
Richwoods
1,159
198
91
39
2
Rockhill at Preston
195
40
45
Shaddock Creek
690
21
22
41
14
Sorano
130
37
42
22
Starwood
864
8
43
33
Stonebriar
531
2
44
33
Stonebriar Country Club
95
12
45
34
Stonebriar Creek Estates
70
4
46
34
Stonebriar Park, Villages of
692
4
47
34
Stonebriar, The Chase at
133
1
48
39
Stonebrook Crossing
67
52
Stonebryck Manor
76
33
351
4
47
Cobb Farm
280
Creeks on Coit
82
3
Creekside at Preston
824
5
7
34
Creekside at Stonebriar
138
5
8
11
Creekside Village
22
9
4
Crown Ridge
385
15
10
15
Custer Creek Farms
97
8
11
17
Cypress Creek
285
1
12
41
Diamond Point Estates
51
13
43
14 49, 51
2,644
74
Grayhawk
1,948
75
15
20
Hickory Springs
84
10
16
37
Highland Ridge
117
47
17
37
Hills of Kingswood
234
77
18
6
Independence Estates
83
83
19
36
Kingswood Village
199
20
48
Knolls of Frisco
234
10
Lakes on Legacy
509
4
21
32
72
51
Frisco Lakes
412
466
351
9
1,183
Prairie View
Church Property (aka Malibu)
6
37, 38,
Phillips Creek Ranch
42
5
43
18
35
TOTAL
LI
LOTS
36
3
5
# NU NEIGHBORHOOD
PL
| SEPTEMBER 1, 2013
1,013
49 25, 18
15
Stonelake Estates
281
1
51
6
Stonelake Estates West
383
3
199
52
15
Stonelake Estates, Villages of
692
178
53
43
Stonewater Crossing
243
32
54
41
The Canals at Grand Park
377
377
55
3
The Heights at Rockhill
114
114
56
44
The Trails
57
36
Twin Creeks
109
58
39
Verde Village
14
1
59
41
Village Lakes
267
27
60
48
Villas at Belle Creek
30
2
68
23
17
Lawler Park North
344
142
75
24
16
Liberty Crossing
94
37, 38,
Lone Star Ranch
39
484
41
190
13
754
11
672
61
43
Waterstone, The Landing at
136
2
92
96
62
43
Waterstone, The Shores at
156
72
105
63
43
Waterstone, Vistas at
130
1
64
7
Willow Bay
674
41
27
4, 5 Miramonte
28
48
Newman Village
383
29
42
Oakmont at Frisco
105
30
8
Panther Creek Estates
31
9
32
31
50
126
Meadow Creek
56
111
Latera
44
520
195
9
26
493
466
22
25
PL
94
137
2,052
1
109
30
1,073
93
Panther Creek, Dominion at
402
10
34
65
14
Willow Bay South
557
119
8
Panther Creek, Ridgeview at
356
67
238
66
6
Winding Creek Estates
244
4
33
9
Panther Creek, The Village at
438
3
67
42
Windsor Place
186
2
34
41
Park Place Estates
445
16
68
22
Wyndsor Pointe
65
41
99
204
137
TOTAL LOTS = LOTS SUBMITTED (does not included future phases)
LI = LOT INVENTORY
|
PL = PIPELINE
7
SEPTEMBER 1, 2013
| RESIDENTIAL DEVELOPMENT UPDATE
LOT PIPELINE ESTIMATES BY NEIGHBORHOOD
NEIGHBORHOOD SUBDIVISION PLAT
CHAPEL CREEK
CHRISTIE RANCH
CHURCH PROPERTY
COBB FARM
CREEKSIDE AT PRESTON
CREEKSIDE VILLAGE
CROWN RIDGE
DIAMOND POINTE ESTATES
FRISCO LAKES
HILLS OF KINGSWOOD
KINGSWOOD VILLAGE
LATERA
LAWLER PARK NORTH
LIBERTY CROSSING
LONE STAR RANCH
MIRAMONTE
8
PP
CS
CHAPEL CREEK, PH 3A
15
CHRISTIE RANCH, PH 2D
56
CHURCH PROPERTY, PH 1
CHURCH PROPERTY, PH 2
CHURCH PROPERTY, PH 3
CHURCH PROPERTY, PH 4
CHURCH PROPERTY, PH 5
99
70
56
62
64
COBB FARM, PH 3A
COBB FARM, PH 3B
60
71
BELMONT WOODS (CREEKSIDE AT PRESTON, PH 4C)
91
CREEKSIDE VILLAGE
22
CROWN RIDGE, PH 3B
72
DIAMOND POINTE ESTATES
51
FRISCO LAKES - VILLAGE 1
FRISCO LAKES - VILLAGE 2
FRISCO LAKES - VILLAGE 3
FRISCO LAKES - VILLAGE 4
FRISCO LAKES - VILLAGE 5, PH 1
FRISCO LAKES - VILLAGE 5, PH 1
FRISCO LAKES - VILLAGE 6
FRISCO LAKES - VILLAGE 7
FRISCO LAKES - VILLAGE 24, PH 2B
FRISCO LAKES - VILLAGE 26
FRISCO LAKES - VILLAGE 30
FRISCO LAKES - VILLAGE 31
FRISCO LAKES - VILLAGE 32
145
141
35
HILLS OF KINGSWOOD, PH 2A
HILLS OF KINGSWOOD, PH 2B
51
KINGSWOOD VILLAGE, PH 1
KINGSWOOD VILLAGE, PH 2
KINGSWOOD VILLAGE, PH 3
KINGSWOOD VILLAGE, PH 4
61
41
51
61
37
91
108
50
64
72
106
16
87
60
46
LATERA, PH 2
LATERA, PH 3
32
THE CROSSING AT LAWLER PARK, PH 3A
THE CROSSING AT LAWLER PARK, PH 3B
36
39
36
LIBERTY CROSSING
94
QUAIL MEADOW VILLAGE, PH 3
THE PRESERVE @ LONE STAR RANCH
62
75
MIRAMONTE, PH 1B
MIRAMONTE, PH 2
MIRAMONTE, PH 3
MIRAMONTE, PH 4
MIRAMONTE, PH 5
FP
87
255
117
100
113
RESIDENTIAL DEVELOPMENT UPDATE
NEIGHBORHOOD SUBDIVISION PLAT
NEWMAN VILLAGE
PP
| SEPTEMBER 1, 2013
CS
NEWMAN VILLAGE, PH 2B
96
OAKMONT AT FRISCO
105
PANTHER CREEK, DOMINION AT
DOMINION AT PANTHER CREEK, PH 4C
34
PANTHER CREEK, RIDGEVIEW AT
RIDGEVIEW AT PANTHER CREEK, PH 2
RIDGEVIEW AT PANTHER CREEK, PH 3
140
98
OAKMONT AT FRISCO
PARK PLACE ESTATES
PHILLIPS CREEK RANCH (PCR)
RICHWOODS
ROCKHILL
SHADDOCK CREEK
STONEBRYCK MANOR
STONELAKE ESTATES
THE CANALS AT GRAND PARK
THE HEIGHTS AT ROCKHILL
TWIN CREEKS
VILLAS AT BELLE CREEK
WILLOW BAY SOUTH
PARK PLACE ESTATES, PH 2
PARK PLACE ESTATES, PH 3
53
46
PHILLIPS CREEK RANCH, PH 4A
PHILLIPS CREEK RANCH, PH 4B
MAINVUE. PH 1
MAINVUE, PH 2
WATERTON, PH 2
WATERTON, PH 3
115
158
81
80
29
30
RICHWOODS, PH 11B
RICHWOODS, PH 11C
RICHWOODS, PH 14
RICHWOODS, PH 16
RICHWOODS, PH 17
RICHWOODS, PH 18
RICHWOODS, PH 19
RICHWOODS, PH 20
RICHWOODS, PH 21
40
15
ROCKHILL AT PRESTON
195
79
56
66
55
84
78
47
SHADDOCK CREEK ESTATES, PH 6B
STONEBRYCK MANOR, PH 2
56
31
VILLAGES OF STONELAKE ESTATES, PH 3
VILLAGES OF STONELAKE ESTATES, PH 4A
VILLAGES OF STONELAKE ESTATES, PH 4B
THE CANALS AT GRAND PARK, PH 1B NORTH
THE CANALS AT GRAND PARK, PH 2 NORTH
THE CANALS AT GRAND PARK, PH 1B SOUTH
THE CANALS AT GRAND PARK, PH 2B SOUTH
THE HEIGHTS AT ROCKHILL
TWIN CREEKS, PH 1
TWIN CREEKS, PH 2
107
33
64
123
102
135
17
114
95
14
VILLAS AT BELLE CREEK
THE ARBORS AT WILLOW BAY SOUTH, PH 4
TOTAL
FP
30
137
3,283
3,039
140
9
SEPTEMBER 1, 2013
| RESIDENTIAL DEVELOPMENT UPDATE
MULTI-FAMILY AND MIXED-USE RESIDENTIAL
Most of the new projects are along the
S.H. 121 or Dallas North Tollway Corridors.
Likewise, most of them are Mixed-Use
projects (see table on page 10 for more
information).
MA IN ST R EET
Please note this map does not include
projects with fewer than 80 units.
10
AS OF
MF UNITS
MXD UNITS
TOTAL
JANUARY 1, 2013
6,386
1,324
7,710
SEPTEMBER 1, 2013
6,520
1,911
8,431
COMPLETION OF ALL IN PIPELINE
6,872
3,609
10,481
P RE S TO N ROAD
Multi-Family (MF) and Mixed-Use (MXD)
Residential projects have kept pace with
the increase in Single-Family growth this
year. Three projects have completed so far
in 2013, three are under construction, and
three are expected to begin construction
within the next six months.
E X I S TI N G M F
PROPOSED MF
E X I S TI N G M X D
PROPOSED MXD
RESIDENTIAL DEVELOPMENT UPDATE
| SEPTEMBER 1, 2013
MIXED-USE SUBMITTAL FIRST OF ITS KIND IN FRISCO
SEVILLA DRIVE
WATERMERE @ THE CANALS AT GRAND PARK
Watermere is a Senior housing development with 238 units for
Independent Living and a second building with 111 Assisted
Living beds (not shown in MXD total).
FUTURE
DEVELOPMENT
CANAL STREET
This is Frisco’s first Mixed-Use Senior housing project, with
integrated space for rehab and other professional services.
ASSISTED
LIVING
REHAB
CENTER
INDEPENDENT LIVING
CENTER
COTTON GIN ROAD
NEARING COMPLETION
Cool Springs Phase 2 will
be the next project to begin
releasing units for occupancy.
The first units are expected
to release in September or
October, with final occupancy
projected to be in December
or January
11
SEPTEMBER 1, 2013
| RESIDENTIAL DEVELOPMENT UPDATE
MF AND MXD PROJECTS IN THE PIPELINE
7
MF/MXD IN THE PIPELINE
SW
B12-0117
COMPLETED IN AUGUST
SW
B11-2741
NEARING COMPLETION
SW
B12-1232
UNDER CONSTRUCTION
NW
B12-1107
UNDER CONSTRUCTION
SW
B13-1604
PERMIT APPROVED
SW
SP13-0043
SP APPROVED
SW
PSP13-0022
PSP UNDER REVIEW
MF
MXD UNITS
RELEASED
134
NORTH COURT VILLAS
8275 Stonebrook Pkwy
COOL SPRINGS, PH 2
8100 Gaylord Pkwy
AMALFI @ STONEBRIAR COMMONS, PH 1
5275 Town & Country Dr
THE EMERSON @ FRISCO MARKET CENTER
E side of Legacy, N of Main
AVENUES of PHILLIPS CREEK RANCH
290
395
410
352
NEC FM 423 & Stewart Creek Rd
AMLI @ THE BALLPARK, PH 2
365
Avenue of the Stars & IKEA Dr
WATERMERE @ THE CANALS AT GRAND PARK
238
Cotton Gin & Canal Street
352
TOTAL:
1,698
2,050
134
NOTES:
1 In Frisco, Multi-Family (MF) developments are generally medium density (15-19 units/acre), garden-style apartments where there is a
predominance of surface parking. Mixed Use Residential (MXD) developments are generally higher density apartments consisting of four stories
and where there is a predominance of structured parking. The ground floor of the MXD developments may consist of residential units, nonresidential uses (typically retail), or flex space. 2 Projects listed are currently in the review/approval process or have obtained entitlements to the point where they have little or no review required
prior to pulling a building permit. A separate list is maintained for potential future projects with zoning in place and/or pre-submittal meetings
have occurred but no formal submittal.
3 The Canals at Grand Park rezoning is approved; individual parcels will be added to the Pipeline listing as they come in for review. The project will
include Mixed-Use, Single Family and Assisted Living, for a total of 1,974 residential units. For more info on this project, including a master plan
graphic, go to: www.FriscoTexas.gov/Departments/PlanningDevelopment/Planning/Pages/Z12-0019.aspx.
4 Units Released are completions with a Certificate Occupancy (released for occupancy).
UNITS BEING RELEASED FOR OCCUPANCY
12
UNDER CONSTRUCTION
PERMIT PULLED