Frisco Ranch gears up for growing Asian population

​FRISCO – A new 100,000-sf retail development called Frisco Ranch will break ground next month on the northeast corner of Preston Rd. and Warren Parkway.

The land was acquired by NewQuest Properties to develop an Asian “food destination” and already has three anchor tenants.

The first tenant, 99 Ranch Market, has preleased 44,877 sf; Daiso Japan and 85°C Bakery Cafe have also preleased space in the center.

Frisco Ranch is expected to be complete by summer 2017.

Heather Nguyen, NewQuest business director of business development, is concentrating on markets with growing Asian populations in North and South Texas to develop centers with retail and restaurants similar to those found in some Asian countries.

According to the 2014 American Community Survey, Asian nationalities accounted for 11.6 percent of Frisco’s population. In Frisco ISD, 20.9 percent of the student population is of Asian descent.​