The Karahan Companies and KDC are planning to develop approximately 11 million square feet of build-to-suit office space in Frisco’s 2,545-acre Fields development.
If fully developed, the office hub could serve as one of the largest in the Dallas-Fort Worth region.
The details
According to an Oct. 8 Fields news release, the team plans to develop about 11 million square feet of office space, with low-rise campus, mid-rise office and trophy tower options.
Office development opportunities are available throughout Fields, with build-to-suit opportunities along the Dallas North Tollway, Panther Creek Parkway, US 380 and PGA Parkway, the release states.
Frisco’s Fields includes a mix of residential neighborhoods, apartments, retail, restaurants, entertainment and office space across a 2,545-acre master-planned development.
Fields West, an approximately 710,000-square-foot mixed-use property within Fields, has already signed 44 leases with retailers and restaurants, bringing the development to 75% pre-leased.
What they’re saying
“KDC has been an incredible partner over the past 25 years. They continue to be one of the best developers in the country with an incredible track record of creating dynamic corporate campuses,” Karahan Companies CEO Fehmi Karahan said in the release. “KDC’s involvement in many recent relocation announcements is a testament to the company’s unwavering commitment to quality and its ability to deliver the results corporations demand.”
“Following Legacy West’s success, teaming up with Fehmi once more is a tribute to the trust we’ve built and our shared vision for delivering high-quality assets,” KDC President Eric Hage said in the release. “This renewed partnership allows us to build on our previous momentum and apply our collective insights to push the envelope even further on this new development.”
“As office demand continues to move north, Corporate America is looking for locations offering more than just a place to work,” KDC Senior Vice President Aaricia Mims said in the release. “With a range of housing options, an impressive roster of amenities, and miles of trails and expansive green spaces, Fields offers the connectivity, convenience and quality of life companies need to attract and retain top talent.”
What else to know
The Karahan Companies and KDC previously helped attract major employers, including Toyota, JPMorgan Chase, Liberty Mutual and FedEx, to Plano’s Legacy West development.
The release did not specify companies that may be eyeing the Frisco site for a new office space or a construction timeline.
