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Four mega-developments near Dallas make up the Five Billion Dollar Mile

Frisco Tech

Four mega-developments near Dallas make up the Five Billion Dollar Mile

With the recent wave of corporate office growth, Frisco, a city at the intersection of the Dallas North Tollway and State Highway 121, has seen a number of large developments take shape over the past five years. With Toyota as the most recent and highly publicized to lead the pack by announcing its relocation of its North American headquarters, the area is quickly becoming host to large corporate campuses.

The Star in Frisco, designed by Gensler’s Dallas office, is the first to reach a milestone completion with the opening of the Ford Center, a 12,000-seat indoor field connected to an outdoor Dallas Cowboys’ practice field featuring an expansive glazed curtain wall. With the Ford Center’s completion in 2016, the development has greatly impacted the vitality of the region and the local community. The City of Frisco and the eight schools that make up the Frisco Independent School District will utilize the new Cowboy’s practice facility. “The Star has been a catalyst development for the five billion dollar mile,” said Scott Armstrong, senior associate with Gensler. “Since the completion of the Cowboys’ facility, the real estate development in the surrounding area has gained exponential traction.” Over the next two years, The Star will add an Omni Hotel and additional retail space; a Baylor, Scott & White Health facility will be completed on the remainder of the site.

Other projects are slowly gaining momentum: The $1.5 billion Frisco Station began construction in October of last year. The 242-acredevelopment spearheaded by Hillwood Properties will add nearly six million square feet of new office space with an accompanying mixed-use program, including a 40-acre medical park, 2,400 apartments, 300,000 square feet of retail, and 650 hotel rooms.

Meanwhile, The Gate, a 41-acre luxury development under the direction of Dubai’s Invest Group Overseas, continues to search for investment to partner in the $700 million project.

Wade Park, the largest development of the four, has seen some site work although construction has yet to take place. According to a November 2016 article by Dallas Morning News, the project’s first phase that would feature a large retail component was postponed with completion set for 2018. Its website lists signed tenants such as Whole Foods, iPic Theaters, and Pinstripes bowling.

Just off the Five Billion Dollar Mile, another project provides a contrast to the Mile’s predictable designs. One Legacy West will make a minimalist design statement amongst the horizon. “Given the context we, and our client, the Gaedeke Group, chose to differentiate One Legacy West through an architecture that is simple, ordered, and restrained,” said Mark Dilworth of Morrison Dilworth + Walls. From a 15- by 15-foot column grid, the firm developed a strict logic where the final outcome is a cube in and of itself. The move renders the architecture simultaneously iconic, as it is functional and flexible for the tenants. It is one of the rare, architecturally rich projects in the area based solely upon form. One Legacy West will be complete by mid-2017.

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