Frisco - February 2024

From the cover

Fields West moves forward

The background

The details

pricetag, according to 2021 data. The Fields devel- opment includes Fields West, The Professional Golfers’ Association of America resort and golf course and several residential neighborhoods— which will house at least 10,000 residents. Visit Frisco Executive Director Marla Roe said Fields West will be a “vibrant hub.” It is too early to anticipate the economic impact of the Fields West project, but Roe said she sees the development as a way to attract and keep people and their money in Frisco. “People who might historically have just gone to Legacy West will now have an opportunity to find something new and very similar and different in its own right here in Frisco,” Roe said.

Fields West is a 55-acre project within the greater 2,500-acre Fields development. Fields West is across the Dallas North Tollway from the planned Universal Kids Resort in Frisco. Universal is also expected to open in 2026. Fields West is being developed by Fehmi Karahan and The Karahan Companies, which also developed Legacy West in Plano. Karahan is the president and CEO of The Karahan Companies and has been since 1992. The Fields project will be similar to Legacy West but bigger, officials said. Legacy West’s mixed-used component, which is comparable to Fields West, is 34 acres. The greater Fields development is a $10 billion project compared to Legacy West’s $3 billion

Fields West, a multibillion-dollar mixed- use development, will bring luxury brands, restaurants, retail and office space to Frisco’s north side. The development, along the Dallas North Tollway, took the latest steps toward its mid- 2026 opening date in January as the Frisco Planning and Zoning Commission approved several open space and site plans. Roads are already under construction as it relates to the project, officials said. Preleasing is also underway with a number of businesses committing to open in the development, though details could not be shared, said Rand Horowitz, founding partner of SHOP Companies, which is overseeing the leasing of Fields West. “The level of interest at the earliest stages has been unobstructed and almost immediately engaging by the retailers,” Horowitz said. “We’re honestly exceeding our expectations [of] how the market has taken to the vision of the asset.”

380

NORTH FIELDS

DNT TOLL

Frisco

PGA

350,000 sq. ft. retail, restaurant and entertainment space

1,200 multifamily units

POINT WEST

BROOKSIDE HOUSING

E L D S

375 hotel rooms planned

POINT EAST

BROOKSIDE HOUSING

FIELDS WEST

UNIVERSITY VILLAGE

325,000 sq. ft. office space

UNIVERSAL KIDS RESORT

PANTHER CREEK PKWY.

SOURCE: FIELDS WEST/COMMUNITY IMPACT

N

MAP NOT TO SCALE

SOURCE: FIELDS/COMMUNITY IMPACT

Saturday, March 2, 2024

TM

Students and guests, join us for our open house event to learn more about MSU Texas and the maroon and gold life.

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