FRISCO - Developer Stan Thomas has snagged another luxury hotel for his firm's $1.6 billion, 175-acre Wade Park project, an upscale mixed-use development that's part of Frisco's much-touted "$5 Billion Mile."
Wade Park will become home to the first Langham Hotels & Resorts hotel in the Lone Star state.
The international luxury hotel brand is slated to open up in 25 floors of a 35-story tower near the Dallas North Tollway and Lebanon Rd. in Frisco in early 2018.
The remaining ten floors of the new tower will be devoted to residential homes.
The modern-looking high-rise at Wade Park plans include a 250-room hotel that ranges from one- and two-bedroom suites to two 2,906-sf presidential suites.
Read more at the Dallas Business Journal.
Click Dallas-Fort Worth Market Research and Dallas-Fort Worth NewsTalk.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.