A combination of office and retail will get underway later this year at Fields West, part of the sweeping mixed-use Fields development in Frisco.

More than 445,000 square feet of office and retail space spread across two buildings featuring two floors of office with ground-floor retail and two stand-alone retail buildings have a construction start date set for November.

Three parking garages, also set to commence construction in November, will service the new structures.

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A construction cost of nearly $40 million comes along with the office and retail buildings, while the parking garages will total over $52 million.

Gensler is the design firm listed on the associated filings submitted to the Texas Department of Licensing and Regulation.

Fields West is using a three-sequence building process for the phase. The first sequence is set to start construction in July, while the above work marks the second sequence. The third is earmarked to commence next summer. Completion for all three sequences within the first phase of Fields West is set to occur between June 2026 and April 2027.

Earlier this week, Dallas-based Trammell Crow Company, a wholly owned subsidiary of CBRE Group, Inc., announced that it had joined the Fields West development to spearhead office opportunities across 47 acres.

The offices in the TDLR filings are not part of Trammell Crows new effort.

Fields Wests ownership includes Karahan Companies, Hunt Realty Investments, Chief Partners and Crosstie Capital.

Located at Dallas North Tollway and Panther Creek Parkway, the first phase of Fields West will span 365,000 square feet of open-air retail, restaurant and entertainment space, 1,200 residences, 375 hotel rooms and 325,000 square feet of office space.

The 2,500-acre Fields development already houses the headquarters for PGA of America and will eventually have a Universal Kids Resort.

Dallas City Council on Wednesday approved an increase to the minimum investment required for the Reimagine RedBird Mall Redevelopment Project.

Carrollton job losses are permanent, but Walmart said it believes many tech employees will relocate instead of being terminated.

See more here:
Office, retail at Friscos Fields West slated for construction later this year - The Dallas Morning News

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May 27, 2024 at 2:39 am by Mr HomeBuilder
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