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2022 REAL ESTATE EDITION
Changes to zoning
When land is zoned in Frisco, it stays that way unless it comes back for rezoning, which is at the discretion of the City Council. Here are some of the proposed rezoning requests.
maybe a value adjustment, but it’s still going to continue to [rise in] value,” Dowdy said. The types of people who want to move to Frisco vary, she said. But the main driver bringing people to Frisco is the school system, Dowdy said. Many families moving in for the school dis- trict seek out older Frisco neighbor- hoods where it is still possible to nd homes under $500,000, she said. Frisco ISD is still experiencing the e ects of being part of a rapidly grow- ing city. While the district has slowed its growth from where it was six or seven years ago, it is still adding students each year, FISD Deputy Superintendent Todd Fouche said. The school district serves about 66,000 students across 73 campuses. And more campuses are needed, Fouche said. The district has several school cam- pus projects in the works, with three in the northern part of Frisco where so much other development is happening. Those will act as reliever campuses for the existing schools while also being built with room to take on additional students, he said. “We need to meet the needs of those residents who are in that area,” Fouche said. “But then also, we know that area While new developments come into the city, other parts of Frisco are going under major construction for redevelopment. Known as a business hub with more than 2.5 million square feet of Class-A o ce space, Hall Park at the southern end of Frisco is being redeveloped to become a mixed-use entertainment district. This includes space for an upcoming Performing Arts Center with is exploding right now.” Ripe for redevelopment 1 Lexington Parks phases 8, 11 and 13 The applicant is requesting a speci c-use permit for private streets on about 98 acres at the southeast corner of Hillcrest Road and Eldorado Parkway for the Lex- ington Park neighborhood. Status: TBD 2 Gartner North This request would rezone about 327 acres on the northwest corner of Custer Road and Main Street to allow for apartment and single-family homes in a community called Gartner North. Status: approved by City Council SOURCE: CITY OF FRISCO COMMUNITY IMPACT NEWSPAPER
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a parking garage and a 5-acre park. The area was also rezoned to allow for apartments. Additionally, the city is focusing e orts on redeveloping its downtown corridor so pedestrians can have eas- ier access to the things to do and see in downtown. That includes plans to reconstruct the streetscapes and to install a pedestrian plaza. Maintaining the developed portions of Frisco is crucial and also means a city is never truly built out, according to Lettelleir. He said a successful city needs three things: a good school dis- trict, the kinds of services people do not have to go elsewhere for and aesthetics. “If we can have a city that people say, ‘Hey, I’ve got all these three things, I’m going to stay in Frisco,’ that leads to potentially increasing where people reinvest in their homes and keep prop- erty values up,” Lettelleir said. Dowdy pointed out that major events coming to the Dallas area, such as the 2026 FIFA World Cup—one of the world’s largest sporting events—as well as the upcoming PGA Champion- ship tournament in 2027, are going to continue to draw residents to Frisco. More residents are also going to come as Frisco’s projects take shape to trans- form the eld land and redevelop exist- ing structures. But these residents are going to have to pay more to live in the area. “Frisco is a shining star now, but we don’t want it to lose its luster as it ages,” Lettelleir said. “That happens through thoughtful redevelopment, but that also takes teamwork and working with developers and property owners.”
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FRISCO EDITION • JULY 2022
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