Frisco: Wade Park

[jrd1964]

Well, this place seems to have 9 lives.

https://www.dallasnews.com/business/rea ... ight-month

[DAFW]

I'm so over it. I want this project to DIE. We need someone more responsible to take over and improve on the original idea.

[Tnexster]

Is it wrong to be happy this partially built and dead project with a giant unfinished deepwater pond is sitting in Frisco and not downtown?

[jrd1964]

Once more.... this has to be one of the most-foreclosed-on properties in north TX at this rate.

https://www.dallasnews.com/business/rea ... oreclosure

[Tnexster]

What Frisco's floundering $2 billion Wade Park development says about the D-FW economy

https://www.dallasnews.com/business/rea ... fw-economy

[tamtagon]

^That sounds reasonable, backing up a lot of forum talk. If the softening continues, the remaining big relocations that happen will be able to move uniqueness to the list of requirements instead of preferences. Should that happen, the suburban sites are diminished because no matter how different they are from each other, they are all about the same when compared to an urban site in downtown Dallas or Fort Worth, and maybe Las Colinas if living or working or hanging out around Lake Carolyn is able to become a thing.

I don't remember that Plano ever had a project anywhere near the size of Wade Park go into hibernation, but cumulatively I'd bet the scale was of unfinished deals had been similar after Plano's initial generation of remarkable employment center growth.

[Tnexster]

I have always felt that Legacy West sort of sucked the life out of everything else around it while it was such a hot ticket. It will be fun to see what happens with Legacy East if any of that gets off the ground. Plano has a solid reputation building live-work-play environments that seem to be well received even if flawed by their lack of connectivity and surrounded by an expensive tollway system. There has been some talk about the strain on workforce availability and the excessive costs associated with driving in from the south which has shifted the focus of relocations and expansions south to less costly environments closer to the city center and airports. I also wonder how much relocation talk is currently being constrained by Amazon, nobody is going to want to go where they go since that move will suck the life out of talent availability wherever they land.

[The_Overdog]

Amazon, nobody is going to want to go where they go since that move will suck the life out of talent availability wherever they land.

I think there is a large component to this, but not because they suck the talent but rather because they are doing very public legwork concerning amenities/concessions/buildout that normally is very private and very costly. Every mega company is going to have a template they can copy once this is completed.