Updated vision for Frisco's Hall Park includes a long-sought-after performing arts hallhttps://www.dallasnews.com/news/frisco/2018/05/22/updated-vision-friscos-hall-park-includes-long-sought-after-performing-arts-hall
Exciting! There was a LOT mentioned in the article, I took out the most interesting bits and included them in the quotes below.
What makes this proposal stand out is Hall's vision for an entertainment district that flows from his neighbor to the north, The Star in Frisco, and would include green space rivaling Dallas' Klyde Warren Park.
The Star already has a main thoroughfare lined with retail and restaurants leading into the complex's Ford Center...Hall's idea would extend that thoroughfare south of Warren Parkway as a park. Multi-story buildings on either side would have retail and restaurants on the ground floor. Office space or, if the city approves, residential units, would fill out the upper floors. At the end of the park would be the entrance to a new performing arts hall.
"Suburban office parks are yesterday's news," Hall said at a recent work session with the City Council and the Planning & Zoning Commission.
"We have to make some updates to our zoning or we're not going to be relevant," he said. "We're not going to be the future — we're going to be the past."
A $3 billion project
Hall and his team are proposing to update and expand the $450 million, 2.5 million-square-foot Hall Park into a $3.5 billion development with about 8 million square feet. The acreage would remain the same as would the amount of green space.
With all that's been built at Hall Park over the years — and what's still to come — a more accurate slogan would be the "Eight Billion Mile and a Quarter," Hall said.
...they will need the city's approval for taller buildings, especially along the tollway. Parking garages would be built on the lower levels of buildings rather than as separate structures. A few existing buildings would be torn down to make way for newer, bigger ones. They also need the OK to add residential units, which are not allowed under plans now on file with the city.
The residential piece would add more foot traffic. And the park would be a strong draw for residents.
Also, We have some very interesting renderings! They mentioned tearing down some of the older structures and I know the ones they are talking about, They look like white "L" shaped boxes that were built on a whim a while back and scattered all over the park, I'm glad they will be removing them and making way for MUCH nicer buildings.
These new buildings will reach up to 25 stories (according to the request for a zoning change) And in the article, it was stated that almost 5.5 Million Sq Ft of Office space was going to be added from new projects totaling over $3 Billion dollars. This would bring the total value of the development to around $3.5 Billion. And the total value of the developments around the coined "5 billion dollar mile", (Without
including the now defunct Wade Park) to ~ NINE ~ $9 Billion. Amazing.
Also, This is part of the Hall park Masterplan that will take approximately 25 years to complete.