Frisco rezones for $2B northside mixed-use | Frisco rezones for $2B northside mixed-use | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=21103 | 2018-09-21T05:00:00Z | 2018-09-21T23:00:00Z | FRISCO – The city council has approved the rezoning of about 78 acres on the southwest corner of US 380 and Dallas Pkwy. from agricultural to planned development/office/retail/residential.
The move allows for the Lesso Mall development, a one million-sf project that features retail, office, restaurants, multifamily, and hotels.
The central piece to the project is a multi-level covered mall and Class A office. It is expected to cost between $1.5 billion to $2 billion.
The rezoning comes with a stipulation that 100,000 sf of office space and a retail portion begins construction before a permit is issued for any multifamily development.
A "lifestyle" street with retail, outdoor dining, and office and boutique space will run north-south and bisect the mall area. It is expected to be in the first phase.
Future phases will include hotels and office and residential towers.
| Frisco Enterprise
| Dallas-Fort Worth-Arlington
| Mixed-Use
| http://starlocalmedia.com/friscoenterprise/news/frisco-council-ok-s-billion-mall-development/article_d2fb4caa-bcf2-11e8-9724-136a19bc0e17.html | | | | Read more at the {Source} |