Stillwater Capital continues to make its mark on Frisco, as it gears up to build the first piece of a sprawling mixed-use development on one of the last farm tracts in the suburb north of Dallas.
The Dallas-based firm, with landowner Haggard Enterprises, aims to start construction on a $20 million lowrise office building this summer, the Dallas Morning News reported. Spanning 189,000 square feet, the three-story Haggard Farm Tillage offices will cost almost $106,000 per square foot to build, according to plans filed with the state.
The project, designed by Corgan, is scheduled to open at the end of 2024.
Named after the family that’s owned the property since the mid-1800s, Haggard Farms will span 142-acres and include more office space, plus retail, a hotel and residences. More than two dozen acres will be set aside for a park and open space.
The site’s zoning allows for more than 700,000 square feet of offices, 700 multifamily residences, a 98-room hotel, retail center, senior housing community and townhomes. But the developers previously mentioned that Haggard Farms would have “small, boutique, curated office buildings.”
Stillwater is involved in other high-profile projects in the area. Next to the new PGA of America headquarters and resort in Frisco, the developer is working on a $1 billion, 240-acre mixed-use project, called the Link.
Stillwater is also a partner in the PGA of America headquarters and resort, which has contributed to heightened development activity in Frisco.
—Quinn Donoghue
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