Hello Frisco. Hello World.

Relocations, Frisco, Buyers, Sellers, fsbo, real estate, toyota, Five Billion Dollar Mile, Frisco Schools

Hello Frisco. Hello World. Close
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Hello Frisco. Hello World.

Posted by Barrett Owens on Monday, April 4th, 2016 at 10:13am.

Hello Frisco. Hello World.

Back in 1997, in a little town located just 20 minutes north of Dallas, 29,000 people called Frisco home. Now in 2016, the once small “bedroom community” has grown by more than 300 percent, topping over 150,000. Forbes.com named Frisco as one of the top 10 places to relocate (2009), and Money Magazine recognized the city as one of the top 100 places to live in the nation (2008). No small feat for a town that was a blip on the map almost 20 years ago.

So why is Frisco all of a sudden on the top so many favorable lists? It can most likely be attributed to four primary factors:
1) a strong infrastructure,
2) exceptional leadership,
3) cutting-edge commercial developments, and
4) exemplary schools

To learn more about property in Frisco ISD, Click Here.

Frisco is known as a city with “progress in motion” and we at The Jennifer Cox Group, of Owens Realtors, are proud to be part of such an exceptional community. Not only is Frisco home to thousands of families who sought out that desirable small-town charm and community vibe, it is also the recipient of a recent developmental boom that you would have trouble locating anywhere else in the United States … the $5 Billion Mile.

So what is the $5 Billion Mile?
The $5 Billion Mile is comprised of the value of four mixed-use developments in Frisco along a stretch of the Dallas North Tollway between Warren Parkway and Lebanon Road.

The flagship is The Star at Frisco, a partnership between the city, Frisco ISD and the Dallas Cowboys football team. This 91-acre mixed-use development, just north of The Villages of Stonebriar Park neighborhood, replaces Valley Ranch as the official corporate world headquarters of the Dallas Cowboys. It will house their practice and training facility, the world-renown Dallas Cowboy Cheerleaders … essentially the whole Dallas Cowboys organization. Additionally, it will also feature two hotels, a 12,000-seat event center, and serve as a much-needed “third stadium” that will be used by the Frisco ISD, in a first-of-it’s-kind partnership between an NFL team and a school district.

The second project is the $1.7 billion Frisco Station, developed by Rudman Partnership, Hillwood Properties and VanTrust Real Estate, which will wrap around the Dallas Cowboy’s headquarters. It covers 242 acres and provides 4.4 million square feet of office space, 990,000 square feet of medical office, 200,000 square feet of retail and 75,000 square feet of restaurants.

The Gate is a 41-acre development by Invest Group Overseas, a Dubai-based group making its first investment in the United States. Located at the Northwest corner of John Hickman Parkway and the Dallas North Tollway, this project will include two 10-story luxury condo buildings, a boutique hotel, restaurant space and four office buildings.

The largest development is the $2 billion Wade Park. At 175 acres, this multi-use development will bring new names to Frisco such as Whole Foods, iPic Theatre, Pinstripes, and Hotel Zaza, not to mention numerous retail shopping and dining destinations. The Langham Hotel Tower will be a featured development of Wade Park. This 35-story tower will include 25 floors of luxury hotel rooms, 25,000 square feet of meeting space, a rooftop pool deck and 10 floors of residential homes. Wade Park is in close proximity to a number of prominent Frisco residential communities such as Starwood, Bella Casa, and Chapel Creek.

With major additions like these, plus countless other business parks, hotels, medical offices, retail establishments, and restaurants opening almost weekly, you can imagine that people are literally flocking to Frisco. The demographics of the people in Frisco are a favorable match to the investment by all of these businesses into our city and the rising numbers reflect the popularity of the area. Frisco is hot, and the world is starting to take notice! Maybe it’s time you get in on the excitement and let The Jennifer Cox Group, of Owens Realtors, help you call Frisco your home.

Coming Up Next …
U.S. Census numbers show that more than 78,000 people moved to the D-FW area between mid 2014 and mid 2015. And over 20,000 of them came to Collin County. And with more and more corporations migrating to the Frisco and Plano area, the demand for housing continues to rise. In our next installment, we will take a closer look at the estimated number of jobs coming into Frisco from the $5 Billion Mile Development as well as the corporations moving in just to our south in Plano. And with more developments, jobs and corporate relocations, you have more demand for housing. It’s a great time to live in Frisco, and now everyone knows it!

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