Ebby Halliday REALTORS - Frisco Economic Development

Ebby Halliday REALTORS - Frisco Economic Development

Ebby Halliday REALTORS
ABOUT THE
FRISCO EDC
About the Frisco EDC
Texas Legislature passed ED Corporation Act in 1989
 Frisco approved ½ cent sales tax for economic development in 1991

Frisco EDC established in 1991 as a Texas non-profit corporation
 Frisco EDC mission is to improve the economic opportunities and
quality of life for all residents

Frisco EDC Program Goals
1.
2.
3.
4.
Attract jobs from outside the area
Retain and expand local businesses
Improve product readiness and competitiveness
Enhance Frisco’s innovation culture through
entrepreneurship
FRISCO FAST FACTS
AND STATS
Frisco Fast Facts & Stats
Land square miles
70.2
Land Developed
59%
Population 08.01.2015
Population 2000 Census
Population Build-Out
149,810
33,714
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)
Residential Demographics
Average Age
Households w/children
17 & younger
34.5
33.2%
Median Household
Income
$109,956
Average Home Value
$317,560
Median Monthly Mortgage
$2,152
Frisco Independent School District
and Workforce
Enrollment 06.22.2015
50,857
Projected Enrollment 2020
65,848
Number of Schools
Residents 25+
64
59%
w/Bachelor’s or Grad Degree
Workforce Estimate
Unemployment
70,184
3.2%
THE $5 BILLION MILE
#5BMILE
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
$5 BILLION MILE STATS
• Development Acres
• Potential Investment
• Commercial SF (total)
• Office Space SF
• Hotel Rooms
549
$5,400,000,000
14,585,000
12,900,000
1,320
• Potential New Direct Jobs
43,772
Announced Developments:
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, Whole Foods, iPic Theatre and Pinstripes: Bowling, Bocce, Bistro
Restaurants, medical offices, multi-family housing, boutique hotel, high-rise apartments and luxury condos
$5 BILLION MILE STATS
Size of
Development
The Star in Frisco
Frisco Station
The Gate
Wade Park
Potential
Investment
Commercial
Square Footage
Office
Square
Footage
Potential
New
Direct Jobs
91 Acres
$1,000,000,000
1,708,000
1,000,000
4,500
242 Acres
$1,700,000,000
5,297,000
5,100,000
14,772
41 Acres
$700,000,000
1,080,000
800,000
3,500
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
THE STAR IN FRISCO
Dallas Cowboys World Corporate Headquarters & Training Facility
91 Acres NWC Dallas North Tollway and Warren Parkway
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

12,000 seat multi-purpose indoor event center/stadium

71 acres developed by the Dallas Cowboys
The Star in Frisco

View of the project looking southeast
The Star in Frisco

View of the project looking northeast
The Star in Frisco
FRISCO STATION
Developer: Rudman Partnership, Hillwood Properties, VanTrust Real Estate
242 Acres NWC Dallas North Tollway & Warren Parkway
Frisco Station
Office space:
Medical office:
Retail:
Restaurants:
5.1 Million SF
990,000 SF
122,000 SF
75,000 SF
Potential direct jobs:
Hotel rooms:
Single-family units:
Multi-family units:
14,772
200
120
2,400
THE GATE
Developer: Invest Group Overseas
41 Acres NWC Dallas North Tollway & John Hickman Parkway
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
WADE PARK
Developer: Thomas Land Development
175 acres SEC Dallas North Tollway & Lebanon Road
Wade Park
•
•
•
•
175 acres, mixed-use project
• Hotels:
Office: 6,000,000 SF
• Residential:
Retail:
500,000 SF
Whole Foods, iPic Theatre, Pinstripes, Hotel ZaZa
500 + rooms
1,300 units
FRISCO EDC
PROJECTS
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
Frisco Bridges Place
Frisco Hyatt House
Texas Scottish Rite Hospital
Stonebrook Business Park
Grand Park
Gearbox Software
Frisco Commerce Center
Hampton Inn & Suites
Performance Indoor Training (PIT)
Cornerstone Automation Systems
Frisco North
Frisco Bridges Place




Developer: Heady Investments
Spec, six-story, Class-A office building, 100% covered parking
170,000 SF Parking Garage
Completion 3rd quarter 2015
Frisco Hyatt House




Developer: Newcrestimage
Six-story
132 rooms
Opening 4th quarter 2015
Texas Scottish Rite Hospital
• Developer:
Scottish Rite Hospital
• 40 acres
• 100,000 SF ambulatory
care center
• Conference center
• 30 acres: parks/sports fields
• Expected completion: 2016
Stonebrook Business Park
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

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
Developer: Goveia Commercial RE
Class-A office:
600,000 SF
Retail & restaurants:
27,000 SF
Hotel:
150 rooms
Conference center
Groundbreaking: summer 2015
Grand Park
• 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
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: 2015
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: August 2015
Hampton Inn & Suites
• Developer: Sports Village
Hospitality Realty
• Five-story hotel
• 103 rooms
• Located next to
FieldhouseUSA
• Grand Opening:
April 2015
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
•
Cornerstone Automation Systems,
Inc. (CASI)
• Developer: CASI
• 12 acres
• 160,000 SF office,
manufacturing & warehouse
• Grand Opening: November 2014
Frisco North
• 330 acres
• Cinemark Theatre announced
June 2013
• Retail, office, hotels,
restaurants, multi-family
and medical
• Open space & amenities
Frisco EDC
‘Future’
Business Park
Parcel #1
94.0 AC
Parcel #2
115.0 AC
Parcel #3
20.0 AC
Thank you,
John M. Bonnot
Director | Economic Development
972.292.5143
[email protected]
http://www.friscoedc.com/publications-presentations