Thursday, June 26, 2014

August groundbreaking set for huge Frisco project

The first phase of the Wade Park project
will open in 2015. (Thomas Land and Development)
A groundbreaking is set for a massive Frisco mixed-use development on the Dallas North Tollway.

The 110-acre Wade Park project will start in August, builder Thomas Land & Development said Thursday.

The developer said it’s also lining up an entertainment venue and other anchors for the project, which will have retail, office, hotel and residential space.

“We have assembled an impressive team to head up development and leasing, and they are securing the best partners to make Wade Park a true destination in one of the most desirable and fastest growing communities in the country” developer Stan Thomas said in a statement.

Atlanta-based Greenstone Properties is joining the Wade Park project with plans to build two 14-story office buildings and 250,000 square feet of office space along the project’s Main Street.

Four additional office buildings in a campus complex are also part of the plan.

Dallas’ United Commercial Realty and Utah-based B2 and Co. have been hired to market the 600,000 square feet of retail planned in Wade Park.

The first phase of Wade Park is scheduled to open in Fall 2015.

The high-density mixed-use project is just north on the tollway from where work started this week on the $1 billion Dallas Cowboys complex.

That development is also planned to contain a combination of retail, office, residential and the headquarters and practice facilities for the football team.

Thomas Land & Development earlier this year purchased the Wade Park property from a longtime Frisco family.

Steve Brown- Dallas News