FRISCO (WBAP/KLIF)- VanTrust Real Estate continues their expansion in Frisco with the development of The Offices Three at Frisco Station, a 210,000-square-foot, Class A speculative, office building. The new building marks the third office building for the office district at Frisco Station, the 242-acre mixed-use project located at the northwest quadrant of the Dallas North Tollway and Warren Parkway.
“Frisco is the hottest market in North Texas and was America’s fastest-growing city in 2018,” said Bill Baumgardner, executive vice president, Dallas for VanTrust. “With the job growth and office demand in North Texas, the projections for leasing are excellent. Also, wellness and technology amenities in new, collaborative office spaces are key to companies’ talent acquisition and retention strategies, and this site will offer a premier environment for a healthy, smart and engaging work experience.”
Construction on the six-story, mid-rise office tower in the North Platinum Corridor is set to be completed in 2021. Building amenities will include structured parking, a fitness center, conference center and tenant lounge. The building, which has been designed with future-proofing in mind, will have robust communications and power infrastructure that includes multiple fiber optic option providers.
The Offices Three at Frisco Station will be located at the southeast corner of Cowboys Way and Hickman Road. The project is the third offering of a total of 5 million square feet of planned office space for Frisco Station, which will include 1.5 million square feet of mid-rise office space and 2 million square feet for campus-style offices. It is anticipated that nearly 15,000 people will have daytime employment at Frisco Station.
Future job growth in Frisco over the next ten years is predicted to be 55.7 percent, much higher than the U.S. average of 33.5 percent, according to Sperling’s BestPlaces.net. From November 2018 to November 2019, the DFW area added more than 120,000 jobs, topping any U.S. metro area for employment growth.
Frisco Station is adjacent to the Dallas Cowboys’ world headquarters and is within walking distance to more than 50 retail, restaurant and entertainment options between The Hub at Frisco Station, the development’s planned entertainment district, and The Star. Station House, the first multi-family component to launch at the development, has 300 luxury, urban-living units and is 95 percent leased. Construction was just completed on SkyHouse, a 25-story luxury apartment high-rise, as construction then commenced this fall on The Cadence at Frisco Station, a 322-unit luxury apartment home community.
Upon completion, Frisco Station will have more than 2,400 residential options available for individuals who want to be near Frisco Station’s employment opportunities and regional employers, along with dining, entertainment and wellness amenities and 32 acres of trails and park spaces.
