A massive mixed-use project is moving forward in Frisco, where large-scale developments are sprouting like weeds.
Dallas-based Zarky Development, an affiliate of TPMC Realty, is planning a project that’s zoned for 4,000 apartments, along with millions of square feet of office and retail space, the Dallas Morning News reported. Frisco’s Planning & Zoning Commission is set to review the site plan.
The 1.1 million-square-foot first phase of development, at the southwest corner of Dallas Parkway and Main Street, is slated for three buildings totaling 1,039 apartments, ranging from studios to three-bedroom units. Each building will also have ground-floor retail and structured parking. Collaborators include engineering firm Kimley Horn and WDG Architecture.
Two buildings will be primarily devoted for residential use, with one set to include 300 units across five floors, while the other will rise six stories and feature 343 units. The third, an eight-story mixed-use building will have 396 apartments.
Frisco officials approved a development agreement with Zarky last year, which outlined infrastructure improvements for the 123-acre site. Zarky proposed two concepts. One called for 2,800 residential units with 1 million square feet of office space and 250 hotel rooms, while the other spelled out plans for 3,500 residential units, 1.5 million square feet of office space and 250 hotel rooms.
The development is one of many ambitious endeavors in Frisco. Perhaps the crown jewel among them is the $520 million Omni PGA Resort, pegged as one of the largest resorts in the nation. At full build-out, the development will feature two top-tier golf courses, 500 guest rooms, 49 suites, 10 luxury homes, eight retail spaces, four pools, a Topgolf lounge and 13 restaurant and bar options.
Last fall, JVP Management scored final approval from Frisco’s City Council to proceed with The Mix, a $3 billion mixed-use project that’s slated for roughly 2 million square feet of office, 375,000 square feet of retail, two hotels, for-sale townhomes and more than 3,000 multifamily units.
—Quinn Donoghue
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