Living Spaces granted incentive agreement to build store in Frisco

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Living Spaces is planning a location in Frisco, and it could receive a sales tax incentive to come here.

During the May 21 meeting, Frisco City Council approved 5-1 an incentive agreement for the furniture company to build a store in Frisco. The site sits on 15 acres at the northeast corner of Hillcrest Road and SH 121. The store is supposed to open by spring 2021, according to the agreement with the city.

Council Member Brian Livingston voted against the incentive agreement.

“I’m not really excited about incentivizing more retail jobs,” he said.

The incentive is a performance-based agreement, meaning the company needs to meet the requirements of the agreement before being reimbursed sales taxes.

The store is projected to generate $40 million a year in sales and have 80-110 full-time employees.

Living Spaces has locations in four states. San Antonio and Pflugerville, Texas, have one location each, and a Grand Prairie location is coming soon.

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Lindsey Juarez
Lindsey has been involved in newspapers in some form since high school. She graduated magna cum laude from the University of Texas at Arlington in 2014 with a degree in Journalism. While attending UTA, she worked for The Shorthorn, the university's award-winning student newspaper. She was hired as Community Impact Newspaper's first Frisco reporter in 2014. Less than a year later, she took over as the editor of the Frisco edition. Since then, she has covered a variety of topics and issues important to the community, including the city's affordable housing shortage, the state's controversial A-F school accountability system and the city's "Bury the Lines" efforts.
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