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Exclusive: Partnership paving the way to play next to the Dallas Cowboys in Frisco ­ Dallas Business Journal
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Exclusive: Partnership paving the way to play next to the Dallas
Cowboys in Frisco
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Sep 21, 2016, 2:53pm CDT Updated: Sep 21, 2016, 3:14pm CDT
Construction vehicles are moving dirt next to the recently opened
Dallas Cowboys’ world headquarters in Frisco, paving the way for
Frisco Station, a $1.8 billion, 242-acre mixed-use development.
The $6 million in construction work will make way for new roadways,
utilities and other infrastructure to support the massive
development.
In all, Frisco Station will include more than 5 million square feet of
office space, 2,400 urban apartments and townhomes and a fourbrand, 600-room hotel campus with entertainment destination.
JAKE DEAN
Work is underway on the $1.8 billion Frisco Station
next to the new Dallas Cowboys headquarters at The
Star in Frisco.
The goal is to make Frisco Station and the adjacent Dallas Cowboysanchored development, The Star in Frisco, appear like a cohesive master-planned development, said Mike
Berry, president of Fort Worth-based Hillwood, which has partnered with The Rudman Partnership and
VanTrust Real Estate to develop the 242 acres.
“If we do this right, they will stay connected and they will compliment each other,” Berry told the Dallas
Business Journal in an exclusive interview. “That’s the goal. We don’t compete much if you look at our
product mix and plan.”
That connectivity is illustrated in the extensions of roads and additional roadways that will connect the
two projects.
With the help of financing from Southside Bank, the partnership behind Frisco Station is shaping the
arteries of the mixed-use development that will gives access to Frisco Station's office districts and The
Hub, which is the project's restaurant, retail and entertainment centerpiece.
The project will ultimately extend John Hickman Parkway to Warren Parkway and also extend Gaylord
Parkway. It also will add two north-south roadways, named Frisco Green and Convergence Drive, which
will connect John Hickman Parkway to Hall of Fame Way along the Ford Center at The Star.
Cowboys COO Stephen Jones said having a relationship with Berry and his team — as well as other
developers like Craig Hall — is important as each development moves ahead.
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Exclusive: Partnership paving the way to play next to the Dallas Cowboys in Frisco ­ Dallas Business Journal
"We do try to help one another, but they will do what's in the best interest for their property," Jones said.
With the center of North Texas’ business community getting further and further north in the region, Berry
said he’s bullish on Frisco Station, as well as other projects in Frisco, doing well.
“It took us 25 years to create 44,000 jobs at AllianceTexas and in the next two years we’re going to have
27,000 jobs unless the world totally skids,” he told me. “It seems like you have to keep putting a lot of
infrastructure support on the ground to support all those people.”
And that’s what Berry and his development team are doing.
Kansas City-based VanTrust plans to begin work on Frisco Station’s first office building, a seven-story,
228,000-square-foot facility. Construction is slated to begin on the specualtive office building on Oct. 18.
“We think the demand is still strong there evidenced by the activity we have had since we initially
announced we would be building an office building at Frisco Station several months ago,” said Geoff
Meyer, VanTrust’s market leader overseeing the office development.
The interest in setting up an office at Frisco Station has grown as the mixed-use development’s amenities
have mushroomed in the community to include urban apartments, a hotel campus, a retail destination and
a parks and trail system throughout the site. Construction on the building is slated for completed in fall
2017.
JE Dunn Construction is the general contractor. Dallas-based HKS Inc. is the architect.
“The vision we have for Frisco Station will have an office density of 5 million square feet to 6 million square
feet of office space,” Meyer told me. “This will be a great partnership in the long haul.”
The partnership started with the Rudman family, who acquired the Frisco Station acreage in the 1960s.
Over the years, different developers and concepts were brought forward, but none that took root. That is,
until The Rudman Partnership partnered up with Hillwood and VanTrust.
Frisco Station has been years in the making and the partnership plans to take the time to build a
development that will have lasting impact in the city and region, said Trey Sibley, general manager for the
family-owned partnership.
“This is the right time in the market and we are ready to go,” he said.
Frisco Economic Development Corporation President Jim Gandy said Frisco Station is an extremely
important development within the city and he’s excited that construction has begun on the site.
“This is another incredible destination in Frisco that will generate a lot of economic benefits to the city of
Frisco and will bring all the amenities that corporate headquarters projects are looking for,” Gandy said.
“With plans moving forward to build the first office building there, this will attract more companies to
Frisco," he added. "We have no shortage of companies that want to come to Frisco.”
Candace Carlisle
Senior Reporter
Dallas Business Journal
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