VanTrust Real Estate will launch the 242-acre mixed-use Frisco Station development at the northwest quadrant of the Dallas North Tollway and Warren Parkway with a 228,000-square-foot, Class A speculative multi-tenant office building.
Construction on the seven-story, mid-rise office tower will begin in September and is slated for completion in August 2017, according to a news release.
Building amenities will include structured parking, a fitness center, conference center and a robust communications and power infrastructure that includes dual power feeds and multiple fiber optic option providers. The building will also have direct access to Frisco Station’s planned entertainment district, which will be called The Hub and have walkable access to hike and bike trails, along with additional health and wellness options.
“The Frisco Station Partnership has worked diligently during the past year to create the perfect master plan, and this project brings the newest office tower to Frisco’s latest, burgeoning corridor along the Dallas North Tollway,” said Geoff Meyer, executive vice president of development for VanTrust Real Estate.
Additional project partners include HKS, Inc., which has been selected as the project architect for the building, and J.E. Dunn Construction, which will serve as the design-build contractor.
The property will be marketed and leased by the Dallas/Fort Worth office of Cushman & Wakefield, under the leadership of Ran Holman, who serves as managing principal and DFW market leader. The project is the first offering of a total of 5 million square feet of planned office space for Frisco Station, which will include 1.5 million square feet of mid-rise office space and a million square feet for campus-style office.
It is anticipated that nearly 15,000 people will have daytime employment at Frisco Station, which surrounds the new Dallas Cowboys headquarters at The Star in Frisco.
“Frisco Station is unlike any other development in this region because it is specifically designed to attract and nurture the nation’s top innovative brands and emerging talent,” said Mike Berry, president of Hillwood Properties, which is a member of the Frisco Station Partnership and the master developer of Frisco Station. “We are creating an environment that will help employees be productive by fostering social engagement, sparking creativity and encouraging healthy behaviors.”
In order to reinforce the healthy principles of Frisco Station, 500,000 square feet has been dedicated to medical and wellness districts linked by a trail system. As well, the development will include 2,400 urban living units to accommodate an estimated 3,450 residents.