$3B development takes shape From the cover
The Railhead
What’s happening?
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Map key:
Office space Office/retail Retail/ restaurant Commercial flex space Hotel Athletic facility Urban living Structured parking
The Railhead is a new 80-acre, mixed-use development turning dirt in Frisco. The $3 billion development broke ground in 2022 and will bring multifamily housing, a park, office space and retailers near Wakeland High School between Dallas Parkway, Legacy Drive and Avon Lane. It has already completed construction on two multifamily projects, including Jefferson ParkHouse and Jefferson Railhead complexes. A 5-acre park within the development is also completed with trails, Heady Investments partner Annabelle Heady Garces said in an email. Frisco city officials first approved plans for The Railhead in 2017. In the years since, the project and its developers have entered into an incentive agreement with the city to build a 10-story office tower. Other amenities and buildings planned throughout The Railhead include: • Multiple urban living residential buildings
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2-hour limited parking
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• Three parking garages • Multiple park spaces
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SOURCE: THE RAILHEAD/COMMUNITY IMPACT
The details
Coming to The Railhead
includes 36,000 square feet, she said. “We have deals working with both local and national best-in-class restaurant groups,” she said. “There will be a mix of upscale and trendy casual dining. We have rooftop opportunities overlooking the park that two of these groups are exploring. We are also trading paper with some wellness groups, including a Pilates concept, medspa and elevated hair salon.”
The project is in Phase 1 of retail, and two of the three phases of multifamily development have been completed, Heady Garces said. Two seven-story class AA office towers are being marketed for the project currently, and each tower brings about 200,000 square feet of space. A 200-key hotel is also slated for the project, though a hotel brand has not yet been announced, Heady Garces said. As for retail, the first phase
80 acres
5-acre central park
1.5M square feet of office space
200-key full service hotel
250K square feet retail, restaurant
1,300 multifamily units
SOURCE: THE RAILHEAD/COMMUNITY IMPACT
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