The ground has been broken on the 80-acre Railhead development in Frisco. First proposed in 2017, this long-anticipated addition to Frisco is well underway. According to FriscoEnterprise, “…The Railhead in Frisco an 80-acre mixed-use development that is set to include multifamily units as well as a restaurant, retail, hotel, and office use and a five-acre Klyde Warren-esque park.”
Railhead Development
Heady Investments of Plano, Texas, is the master developer for the site just off the Dallas North Tollway near Toyota Stadium and Wakeland High School. “We love being in the city of Frisco; we’re no strangers to the city of Frisco,” said Sayres Heady of Heady Investments, adding that the company was previously behind the Frisco Bridges Place office building. “So we feel really fortunate to be back. The city is wonderful to work with. They’ve really stood behind us.”
Jim Newman
According to the article, Jim Newman’s family has been in Frisco for over 100 years. “This project has been many years in the making,” says Newman Real Estate. Also, “The partnership also includes multifamily developer JPI, which has already broken ground on the first phase of multifamily development, Heady said.”
What’s In-Store? – Development!
The Railhead development plan includes “…1,280 class AA multifamily units in addition to restaurant and retail pads, office and hotel space and the urban park, which Heady said is expected to include a dog park, food trucks, and playground space.” Healy adds from the article, “the outlook includes a potential 1 million square feet of office development with the potential for as much as 2 million…We are talking to a number of restaurants, retailers, medical users and most notably a large amount of office space, both from developers in state and out of state that have expressed interest,”
Globus Realty is your best resource to stake your claim in Frisco. Trust Mr. Frisco to find your perfect home in a highly-competitive market so you can enjoy your slice of paradise in Texas’ fastest growing community. The groundbreaking on the 80-acre Railhead development adds new development to Frisco. Don’t miss out!
