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Frisco Development Update Keller Williams ‘Business Monday Blast’

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Page 1: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Frisco Development UpdateKeller Williams

‘Business Monday Blast’

Page 2: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

FRISCO FAST FACTS

AND STATS

Page 3: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Frisco Fast Facts & Stats

Land square miles 70.2

Land Developed 59%

Population 10.01.2015 151,030

Population 2000 Census 33,714

Population Build-Out 350,000+

Page 4: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Frisco Fast Facts & Stats

Land square miles 70.2

Land Developed 59%

Population 10.01.2015 151,030

Population 2000 Census 33,714

Population Build-Out 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)

Page 5: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

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

Page 6: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Frisco Independent School District

and Workforce

Enrollment 08.31.2015 52,991

Projected Enrollment 2020 65,848

Number of Schools 64

Residents 25+ 59%w/Bachelor’s or Grad Degree

Workforce Estimate 70,184

Unemployment 3.2%

Page 7: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

THE $5 BILLION MILE

#5BMILE

Page 8: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

ONE MILEDallas North Tollway between

Warren Pkwy. & Lebanon Rd.

FOUR PROJETS• The Star in Frisco

• Frisco Station

• The Gate

• Wade Park

$5.4 BILLIONInvestment that has been

announced or is already

under construction

Page 9: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

• 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

$5 BILLION MILE STATS

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

Page 10: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

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 1,080,000 800,000 3,500

Wade Park 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

$5 BILLION MILE STATS

Page 11: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

THE STAR IN FRISCODallas Cowboys World Corporate Headquarters & Training Facility

91 Acres NWC Dallas North Tollway and Warren Parkway

Page 12: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

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

71 acres developed by the Dallas Cowboys

Page 13: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

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

Page 14: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

The Ford Center at The Star in Frisco

2 outdoor practice fields

1 artificial turf / 1 grass

Page 15: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Omni Hotel at The Star in Frisco

16 stories

300 hotel rooms

250,000 square feet

43,000 sf conference center – 13,000 sf ballroom & 24,000 sf breakout space

Opening: 2017

Page 16: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

FRISCO STATIONDeveloper: Rudman Partnership, Hillwood Properties, VanTrust Real Estate

242 Acres NWC Dallas North Tollway & Warren Parkway

Page 17: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Frisco StationOffice 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

Page 18: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

THE GATEDeveloper: Invest Group Overseas

41 Acres NWC Dallas North Tollway & John Hickman Parkway

Page 19: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

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

Page 20: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

WADE PARKDeveloper: Thomas Land Development

175 acres SEC Dallas North Tollway & Lebanon Road

Page 21: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Wade Park• 175 acres, mixed-use project

• Office: 6,000,000 SF

• Retail: 500,000 SF

• Whole Foods, iPic Theatre, Pinstripes, Hotel ZaZa, Langham Hotel, The Rustic

• Residential: 1,300 units

• Hotels: 500 + rooms

Page 22: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

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

Page 23: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

FRISCO EDC

PROJECTS

Page 24: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

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

Page 25: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Frisco Bridges Place

Developer: Heady Investments

Spec, six-story, Class-A office building, 100% covered parking

170,000 SF Parking Garage

Completion: 4th quarter 2015

Page 26: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

• 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

Drury Inn & Suites

Page 27: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Frisco Hyatt House

Developer: Newcrestimage

Six-story

132 rooms

Completion: 4th quarter 2015

Page 28: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

• Developer:

Scottish Rite Hospital

• 40 acres

• 200,000 SF ambulatory

care center

• Conference center

• 30 acres: parks/sports fields

• Expected completion: 2017

Texas Scottish Rite Hospital

Page 29: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

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 1st quarter 2016

Page 30: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Verona Villa

Tuscan-style event center

16,000 SF

Upscale indoor flex space & lush landscape, outdoor space

Weddings, life events, corporate meetings & conferences

NWC Dallas Pkwy at Stonebrook Pkwy

Expected completion: spring 2016

Page 31: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Stonebrook Business Park

Developer: Goveia Commercial RE Groundbreaking: 4th quarter 2015

Class-A office: 600,000 SF

Retail & restaurants: 27,000 SF

Hotel: 150 rooms

Conference center

Page 32: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

• 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

Grand Park

Page 33: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

• 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: 4th quarter 2015

Tower at Frisco Square

Page 34: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

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

Page 35: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

• 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: 4th quarter 2015

Frisco Commerce Center

Page 36: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

• Developer: Sports Village

Hospitality Realty

• Five-story hotel

• 103 rooms

• Located next to

FieldhouseUSA

• Grand Opening: April 2015

Hampton Inn & Suites

Page 37: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

• 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

Performance Indoor Training

(The P.I.T.)

Page 38: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

• Developer: CASI

• 12 acres

• 160,000 SF office,

manufacturing & warehouse

• Grand Opening: November 2014

Cornerstone Automation Systems,

Inc. (CASI)

Page 39: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

• 330 acres

• Cinemark Theatre announced

June 2013

• Retail, office, hotels,

restaurants, multi-family

and medical

• Open space & amenities

Frisco North

Page 40: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Frisco EDC

‘Future’

Business Park

Parcel #1

94.0 AC

Parcel #2

115.0 AC

Parcel #3

20.0 AC

Page 41: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

#5BMILE

FriscoEDC.com/5BMile

Page 42: Keller Williams - Frisco Development Update_Keller...Frisco Fast Facts & Stats Land square miles 70.2 Land Developed 59% Population 10.01.2015 151,030 Population 2000 Census 33,714

Thank you,

Dave QuinnVice President

972.292.5158

[email protected]

John M. BonnotDirector | Economic Development

972.292.5143

[email protected]

http://www.friscoedc.com/publications-presentations