Frisco June 2021

DEVELOPMENT

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A new performing arts hall, parking garage and park will have close proximity to the Ford Center at The Star. (Matt Payne/Community Impact Newspaper)

FriscoOKs deal for performing arts center, park at Hall Park

BY MATT PAYNE

Frisco council members on June 1 entered into an agreement with the school district and developer Craig Hall for $129 million in projects at Hall Park. They include a long- awaited performing arts center, a parking garage and a roughly 5-acre park. Fellow public partners of the city include Frisco ISD, the Frisco Com- munity Development Corp. and the Frisco Economic Development Corp. Development from this agreement includes a $66 million performing arts center with at least 1,250 seats in a main performance hall, and at least 250 seats in a community venue, according to a memo prepared for Frisco City Council by city sta ! . The performing arts center and parking garage will be publicly owned, according to the agreement. The facility will be designed to hold multipurpose events for entertain- ment, educational and recreational uses and events. In addition, a $33 million, 1,100- stall parking garage will support the performing arts center and a $30million, roughly 5-acre public park similar to KlydeWarren Park in Dallas, the memo states. Funds for these projects come from approvedmunicipal bonds and Hall. The city is paying $13 million for the design and construction of the performing arts center’s community venue and common areas, according to the agreement. FISDwill provide $43 million for the design and construction of the center’s main performance hall and common areas. FISD trustees will need to approve

the agreement on a future date, according to Assistant Director of Communications Meghan Cone. Hall will contribute $10million toward the construction of the performing arts center and dedicate 5 acres for it and its associated garage. The city and/or FCDC will provide $33 million for the development of the parking garage. For the park, the city is contributing $15 million in partial funding, with an additional $15 million fromHall, according to the agreement. Hall is set to give the parkland to the city once construction is complete. The FEDC, while not part of the agreement for the performing arts center and park, will provide up to $5 million toward redevelopment of a portion of Hall Park for two buildings, according to the memo. BY THE NUMBERS:

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Joi ! Us TOWN HALL MEETING

Performing arts center $66 million 1,250 main performance hall seats 250 community venue seats Parking garage $33 million 1,100-stall parking garage Park $30 million

February 19 7:00 – 9:00 p.m. June 4 Jun 4

FRISCO COUNCIL CHAMBERS

GAYLORD PKWY.

DNT TOLL PERFORMANCE HALL

GEORGE A. PUREFOYMUNICIPAL CENTER 6101 Frisco Square Blvd. • FriscoTexas.gov

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SOURCE CITY OF FRISCO ! COMMUNITY IMPACT NEWSPAPER INTERNET BLVD.

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FRISCO EDITION • JUNE 2021

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