The Frisco Planning and Zoning Commission approved rezoning the site from Planned Development-196-Mixed Use to Planned Development-Office-2/Retail/Residential during a Dec. 13 meeting. Frisco City Council members will hold a public hearing and vote on the zoning change at a later date.
Planned Development-196 was adopted in 2006 and later amended in 2009 to accommodate a residential mixed-use district on six tracts, according to a staff report. Four of those six tracts have been developed in accordance with Planned Development-196.
The zoning request would establish new development standards and combine tracts 1-5 into one tract. A maximum of 500 multifamily residential units are proposed for the eastern half of Tract 5 along with two office towers that front Dallas Parkway.
The first office tower on Tract 5 must be constructed or “topped out” to a height of 15 stories and will provide a minimum of 200,000 square feet of office space.
Office-2 districts can accommodate a variety of mid-rise and high-rise office developments that provide professional, financial, medical or similar services for residents. The district must be located within the vicinity of a major thoroughfare, such as SH 121 or the Dallas North Tollway, according to Frisco’s zoning ordinance.
The property owner has voluntarily signed a development agreement to establish building material standards and codes, which will be placed on the same council agenda as the public hearing.