development activity update february 1, 2014

DEVELOPMENT ACTIVITY UPDATE
FEBRUARY 1, 2014
DEVELOPMENT SERVICES
DEPARTMENT
NEW SINGLE-FAMILY PERMITS ISSUED
Questions about the content of
this update or suggestions for
future issues? Call 972-292-5357
or e-mail [email protected].
Use the QR Code below (or go
to http://eepurl.com/Oonzv) to
subscribe to this Update.
166
ROCKHILL PKWY
PRESTON RD
T O L LW AY
WY
WARR EN PK
COIT RD
DAL L A S
LEBANO N RD
166
ROLATER RD
H
LEGACY DR
STONE BROOK
MAIN ST
SH
1 21
NOTE: The chart above shows permits
issued excluding those voided or
canceled (maintaining a record
of one-permit-per-home).
NEW RESIDENTIAL
MOST ACTIVE IN
JANUARY
LOT ABSORPTION RATE
ABSORPTION RATE
Neighborhoods:
SNEW Permits Issued, 12-Month Average
183
200
175
150
125
100
75
50
INDEPENDEN CE PKWY
ELDORADO PKWY
- Phillips Creek Ranch
- Frisco Lakes
- Stonelake Estates, Villages of
- Richwoods
- Lawler Park North
24 permits
16 permits
14 permits
14 permits
13 permits
Builders:
12-month average: 183 /mo
This time last year: 142 /mo
6-month average: 162 /mo
CUSTER RD
CREEK PKWY
TEEL PKWY
FM 423
P ANTHER
HILLCREST RD
190
135
221
192
224
221
227
229
146
162
126
142
2,215
RT
The contents are estimates,
which are continually updated
with additional data and new
and/or revised submittals, and
are provided for informational
purposes only.
65
94
114
103
141
137
157
158
141
149
168
146
1,573
US 380
NO
The monthly updates summarize
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).
2013 2014
WY
PK
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
2012
- First Texas Custom
- Highland - Pulte
- Darling
- K Hovnanian
28 permits
16 permits
16 permits
15 permits
12 permits
FEB-14
| 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:
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.
2,009 
Change of Inventory: - 110 MTM- 690 YTY
Months of Inventory: 11 
Based on an Absorption Rate of: 183 (SNEW/mo)
6-Month Average
12-Month Average SF LOTS - MONTHS OF INVENTORY
162 183 LOTS IN PIPELINE:
48
42
36
30
24
18
12
6
0
Pipeline Change: 37
6,684 
+ 107 MTM + 1,819 YTY
Months of Inventory in Pipeline: 37 
Stage in Pipeline: 11
LOTS |
PP – Preliminary Plat
CS – Construction Set
FP – Final Plat
INVENTORY
PIPELINE
%
|Months
2,040 | 30.5% | 11.1
4,161 | 62.3% | 22.7
483 | 7.2% | 2.6
“BALANCED” MARKET
DISTRIBUTION:
BY COUNTY
COLLIN
SF Housing Units
Under Construction
Lot Inventory
Pipeline
23,244
460
781
3,279
57.4%
TOTAL
27,764
BY QUADRANT
DENTON
TOTAL
42.6%
49.1%
17,233
462
1,228
3,405
50.9%
40,477
922
2,009
6,684
55.4%
22,328
44.6%
50,092
49.9%
38.9%
NE
50.1%
61.1%
SE
SF Housing Units
Under Construction
Lot Inventory
Pipeline
5,690
248
462
2,411
14.1%
29.0%
36.1%
TOTAL
8,811
17.6%
12,865
23.0%
NW
30.7%
10.7%
25.7%
16,944
20.3%
11.2%
LI = LOT INVENTORY
|
PL = PIPELINE
SE
SW
12,413
399
955
3,177
NOTE: The quadrant boundaries are Main Street and Preston Road
2
NE
SW
11,736
187
225
717
23.0%
NW
26.3%
47.5%
10,638
88
367
379
33.8%
11,472
22.9%
43.3%
47.5%
9.5%
18.3%
5.7%
RESIDENTIAL DEVELOPMENT UPDATE
| FEB-14
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.
Note: On the maps below, the darker the color, the greater the number of lots.
50
LOT INVENTORY
AS OF FEBRUARY 1, 2014
51
2,009 permit-ready lots
49
48
44
45
42
43
38
36
37
1 - 25
47
46
40
32
26 - 50
33
51 - 100
21
22
39
Lot Inventory
0
41
02
53
52
31
34
03
10
05
6,684 lots
49
48
44
45
42
43
Lot Pipeline
38
0
1 - 50
37
41
46
40
22
39
36
21
32
31
51 - 100
101 - 250
251 - 500
33
34
3
114
4
14
329
1,050
6
45
7
27
8
122
238
9
17
193
11
4
22
14
100
185
15
137
221
06
11
12
13
14
15
19
17
94
75
20
18
17
16
18
3
29
23
24
27
20
8
22
49
23
19
25
21
26
107
32
4
33
10
34
14
30
25
26
28
29
35
02
53
47
195
07
50
52
2
08
> 250
51
PL
09
101 - 250
LOT PIPELINE
AS OF FEBRUARY 1, 2014
LI
5
01
04
NU #
03
10
38
180
522
39
44
61
41
69
474
42
158
321
16
43
233
1,205
27
44
9
45
12
07
06
11
12
13
14
15
20
19
23
24
30
26
28
29
35
501+
LI = LOT INVENTORY
|
212
367
08
25
519
167
09
17
15
37
05
18
94
36
01
04
16
PL = PIPELINE
47
56
131
48
270
49
17
51
55
TOTAL
2,009
56
6,684
3
FEB-14
| RESIDENTIAL DEVELOPMENT UPDATE
LOT INVENTORY & PIPELINE ESTIMATES BY NEIGHBORHOOD
03
53
52
51
50
01
02
38
54
04
05
9
2
10
47
48
19
59
09 6
4
21
46
12
11
39
36
55
25
28 65
3
52
41
42
58
38
12
8
MAIN STREET
40
61
53
22
39
41
37
18
16
57
23
64
15
18
5
49
51
10
16
17
23
1
22
48
26
25
27
37
30
29
31
32
56
17
50
14
47
36
63
40
24
24
06
14
13
33 11
15
28
20
34
33
42
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. The table on
pages 6 & 7 provides more details on projects in the Pipeline,
including phasing and stage of development.
35
45
46
43
4
29
20
66
62
32
19
21
34
60
07
30
27
45
44
31
08
PRESTON ROAD
49
43
35
26
13
44
7
23
Neighborhood Unit Number
13
Neighborhood (refer to table at right)
For more information on the process and terminology used in
this report, refer to the chart online at www.FriscoTexas.gov/
Departments/PlanningDevelopment/Documents/RDU/SFDevelopmentStages.pdf.
RESIDENTIAL DEVELOPMENT UPDATE
TOTAL
LI
LOTS
# NU NEIGHBORHOOD
1
2
23
Chapel Creek
48, 49 Christie Ranch
273
19
15
479
74
56
131
36
11
Preston Estates
77
4
37
26
Richwoods
1,158
107
91
38
2
Rockhill at Preston
195
39
45
Shaddock Creek
690
12
22
40
14
Sorano
130
28
242
41
22
Starwood
864
8
42
33
Stonebriar
531
2
51
43
33
Stonebriar Country Club
95
8
44
34
Stonebriar Creek Estates
70
4
45
34
Stonebriar Park, Villages of
200
4
46
34
Stonebriar, The Chase at
133
1
47
39
Stonebrook Crossing
67
43
Stonebryck Manor
74
21
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
555
13
10
15
Custer Creek Farms
97
8
11
41
Diamond Point Estates
51
12
43
Frisco Lakes
2,644
143
Grayhawk
1,948
64
13 49, 51
854
14
20
Hickory Springs
84
8
15
37
Highland Ridge
117
16
16
37
Hills of Kingswood
234
69
17
6
Independence Estates
83
43
18
36
Kingswood Village
198
19
48
Knolls of Frisco
234
1
20
32
Lakes on Legacy
509
4
Latera
126
2
68
94
75
21
9
17
Lawler Park North
344
23
16
Liberty Crossing
94
37, 38,
Lone Star Ranch
39
483
99
190
8
753
1
174
24
Meadow Creek
25
44
26
4, 5 Miramonte
27
48
Newman Village
383
28
42
Oakmont at Frisco
105
29
8
Panther Creek Estates
30
9
31
48 25, 18
111
198
22
319
466
351
9
1,589
Prairie View
Church Property (aka Malibu)
6
37, 38,
Phillips Creek Ranch
42
5
43
18
34
TOTAL
LI
LOTS
35
3
5
# NU NEIGHBORHOOD
PL
94
61
671
105
PL
899
466
519
195
56
29
49
15
Stonelake Estates
281
1
50
6
Stonelake Estates West
383
2
51
15
Stonelake Estates, Villages of
709
128
52
43
Stonewater Crossing
243
27
53
41
The Canals at Grand Park
377
377
54
3
The Heights at Rockhill
114
114
55
44
The Trails
56
36
Twin Creeks
109
57
39
Verde Village
14
1
58
41
Village Lakes
267
18
59
48
Villas at Belle Creek
30
29
60
43
Waterstone, The Landing at
136
2
61
43
Waterstone, The Shores at
156
60
62
43
Waterstone, Vistas at
130
1
2,052
221
1
109
1,073
84
Panther Creek, Dominion at
402
7
34
63
7
Willow Bay
674
27
8
Panther Creek, Ridgeview at
356
38
238
64
14
Willow Bay South
605
72
32
9
Panther Creek, The Village at
438
3
65
42
Windsor Place
186
2
33
41
Park Place Estates
445
51
66
22
Wyndsor Pointe
65
41
46
| FEB-14
185
TOTAL LOTS = LOTS SUBMITTED (does not included future phases)
PLEASE NOTE: This list does not include subdivisions with no available lots (built out, etc.)
LI = LOT INVENTORY
|
PL = PIPELINE
5
FEB-14
| 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
6
PP
CHAPEL CREEK, PH 3A
CS
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
71
BELMONT WOODS (CREEKSIDE AT PRESTON, PH 4C)
91
CREEKSIDE VILLAGE
22
CROWN RIDGE, PH 3B
CROWN RIDGE, PH 4A
CROWN RIDGE, PH 4B
72
87
60
83
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 7
FRISCO LAKES - VILLAGE 24, PH 2B
FRISCO LAKES - VILLAGE 30
FRISCO LAKES - VILLAGE 31
FRISCO LAKES - VILLAGE 32
141
35
HILLS OF KINGSWOOD, PH 2A
HILLS OF KINGSWOOD, PH 2B
51
61
37
91
108
50
64
106
16
145
60
KINGSWOOD VILLAGE, PH 1
KINGSWOOD VILLAGE, PH 2
KINGSWOOD VILLAGE, PH 3
KINGSWOOD VILLAGE, PH 4
LATERA, PH 2
LATERA, PH 3
46
61
41
50
36
32
THE CROSSING AT LAWLER PARK, PH 3A
THE CROSSING AT LAWLER PARK, PH 3B
39
36
LIBERTY CROSSING
94
QUAIL MEADOW VILLAGE, PH 3
61
MIRAMONTE, PH 1B
MIRAMONTE, PH 2
MIRAMONTE, PH 3
MIRAMONTE, PH 4
MIRAMONTE, PH 5
MIRAMONTE, PH 2 - POTENTIAL SCHOOL SITE
FP
87
100
113
32
223
116
RESIDENTIAL DEVELOPMENT UPDATE
NEIGHBORHOOD SUBDIVISION PLAT
OAKMONT AT FRISCO
PP
CS
FP
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
PARK PLACE ESTATES, PH 3
46
PARK PLACE ESTATES
PHILLIPS CREEK RANCH (PCR)
PRAIRIE VIEW
RICHWOODS
ROCKHILL
SHADDOCK CREEK
STONEBRYCK MANOR
STONELAKE ESTATES
THE CANALS AT GRAND PARK
THE HEIGHTS AT ROCKHILL
TWIN CREEKS
WILLOW BAY SOUTH
PHILLIPS CREEK RANCH, PH 4A
PHILLIPS CREEK RANCH, PH 4B
PHILLIPS CREEK RANCH, PH 5
PHILLIPS CREEK RANCH, PH 6
MAINVUE. PH 1
MAINVUE, PH 2
RIVERTON, PH 3
WATERTON, PH 2
WATERTON, PH 3
WATERTON, PH 4
WESTON, PH 2
115
158
97
152
81
80
50
29
30
57
50
PRAIRIE VIEW, PH 1
PRAIRIE VIEW, PH 2
173
293
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
79
56
66
55
85
76
47
ROCKHILL AT PRESTON
195
SHADDOCK CREEK ESTATES, PH 6B
56
STONEBRYCK MANOR, PH 2
29
VILLAGES OF STONELAKE ESTATES, PH 3
VILLAGES OF STONELAKE ESTATES, PH 4A
VILLAGES OF STONELAKE ESTATES, PH 4B
107
42
72
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
123
102
135
17
THE HEIGHTS AT ROCKHILL
114
TWIN CREEKS, PH 1
TWIN CREEKS, PH 2
14
ESTATES OF WILLOW BAY
THE ARBORS AT WILLOW BAY SOUTH, PH 4
THE ARBORS AT WILLOW BAY SOUTH, PH 5
TOTAL
| FEB-14
95
8
137
40
2,040
4,161
483
7
FEB-14
| RESIDENTIAL DEVELOPMENT UPDATE
US 380
PRESTON RD
Z14-0001
ROC KHI L L PKWY
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.
NEED MORE INFO? To submit
comments or questions about
any project under review, e-mail
[email protected].
AVEX TRACT REZONING REQUEST
Purpose:
Rezone to Single-Family to allow 119± residential lots
From: To:
Commercial-1 and Industrial
Single Family-10
Location:
86.1± acres on the east side of Preston Road,
1,300 ± feet south of US 380,
2,700± feet north of Rockhill Parkway
(North of the Rockhill at Preston Subdivision)
2013 ANNUAL REPORT NOW AVAILABLE
T
he Development Activity Report is an annual publication of the
Frisco Development Services Department, presenting a summary of
zoning and development related activities, including population growth,
development, and ordinance amendments. The report is online at www.
FriscoTexas.gov/Departments/PlanningDevelopment/Planning/Pages/
ZoningDevelopmentReport.aspx.
COMPREHENSIVE PLAN UPDATE UNDERWAY
T
he Comprehensive Plan Advisory Committee (CPAC) had their kickoff
meeting on January 20th, with an introduction to the update process and
the preliminary time line. CPAC members and the audience were invited to
answer four questions to get them thinking about the future:
•
•
•
•
H
D
What about Frisco do you want to “keep around” for the future?
What would you like to leave behind?
Where do you go for special occasions?
What do you think is Frisco’s best kept secret?
ow would you answer these questions? Tell us here:
https://www.surveymonkey.com/s/CPU-4Q-Feb2014.
uring the City Council winter work session, the Council discussed the Plan
update, build-out projections, and key strategies for a successful build
out.
F
8
or more information, contact 972-292-5357 or go to www.FriscoTexas.
gov/Departments/PlanningDevelopment/Pages/CompPlanUpdate.aspx.
RESIDENTIAL DEVELOPMENT UPDATE
| FEB-14
MF AND MXD PROJECTS IN THE PIPELINE
12 MF/MXD IN THE PIPELINE
MF
MXD UNITS
RELEASED
290
SW B11-2741
COMPLETED JAN 2014
COOL SPRINGS, PH 2
290
SW B12-1232
UNDER CONSTRUCTION
AMALFI @ STONEBRIAR COMMONS, PH 1
395
NW B12-1107
UNDER CONSTRUCTION
THE EMERSON @ FRISCO MARKET CENTER
410
SW B13-1604
UNDER CONSTRUCTION
AVENUES of PHILLIPS CREEK RANCH
B13-4218
SW B13-4308
B13-4310
PERMITS UNDER REVIEW
AMLI @ THE BALLPARK, PH 2
SW B13-4044
PERMIT PENDING
VILLAS @ CHAPEL CREEK
NW PSPCP13-0008
PRELIMINARY SITE PLAN APPROVED
FRISCO DESIGN CENTER
90
SW PSP13-0022
PRELIMINARY SITE PLAN APPROVED
WATERMERE @ THE CANALS AT GRAND PARK
238
SW SP13-0089
SITE PLAN SUBMITTED
FRISCO SQUARE, BLOCK B, LOT 1
254
SW PSP13-0035
PRELIMINARY SITE PLAN SUBMITTED
PHILLIPS CREEK RANCH - URBAN LIVING TRACT
SW Z13-0022
REZONING REQUEST SUBMITTED
THE HEIGHTS OF FRISCO
621
SW Z13-0024
REZONING REQUEST SUBMITTED
TONTI FRISCO
365
Z13-0025
REZONING REQUEST SUBMITTED
OHIO/GAYLORD PD
SE
352
365
304
520
2,467
3,643
TOTAL:
3,028
6,581
202
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, non-residential 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
UNDER CONSTRUCTION
PERMIT ISSUED
9
| RESIDENTIAL DEVELOPMENT UPDATE
US 380
O
ROCKHILL PKWY
T
MANUFACTURING
MEDICAL OFFICE
OFFICE
INDEPENDE NCE PKWY
ROLATER RD
LEBANON RD
RELIGIOUS FACILITY
MAIN ST
Y
WARRE N P K W
COIT RD
WY
PK
AUTOMOTIVE
STONE BROOK
LEGACY DR
AMUSEMENT
PRESTON RD
TEEL PKWY
ELDORADO PKWY
RESTAURANT
RETAIL
SH
PUBLIC / SEMI-PUBLIC
PERMIT
PROJECT NAME
PROJECT NAME
B13-4108 CASI FACILITY
B13-3630 KWIK KAR CLEAN GETAWAY CAR WASH
B13-0524 CHICKEN EXPRESS
B13-3183 MEDICAL CENTER AT FRISCO MARKET
B13-3885 DATTA YOGA CENTER, PH 2
B13-4049 PARKWOOD OFFICES ADDITION, BLK A, LOT 3
B13-3064 FIRST INTERVAL NATORIUM
B13-2911 PETSMART
B13-3588 FRISCO FIRE STATION 8
B13-2948 RANDOLPH BROOKS FEDERAL CREDIT UNION
B13-3775 FRISCO PRESTON MEDICAL CENTER
B13-3677 FRISCO VOLKSWAGEN
B13-3571 JP WYNDHAM COMMERCIAL
10
PERMIT
1 21
CUSTER RD
C REEK PKWY
FM 423
P ANTHER
H
RT
DAL LAS
N
O L LW
AY
COMMERCIAL PERMITS
ISSUED IN JANUARY
HILLCREST RD
FEB-14