Five Star had originally anticipated that Frisco Square would take 10 to 13 years to build out, a timeline that would have meant completion this year on the outside. Instead, more than 20 acres are still open for development, but Mayor Maher Maso says the city and the square's handful of land and property owners remain focused.
"Generally speaking, Frisco withstood the recession we continued working on public-private partnerships and members of our business community adjusted well to the economic climate," he said. "Frisco Square went through a partnership transition and faced financial challenges. Our city staff worked closely with the owners of Frisco Square to continue our priority to maintain the highest quality development in this centrally located area."
Today, Frisco Square features retail, offices, apartments, hotels, restaurants, a movie theater, parks and a variety of government uses — Frisco City Hall, Frisco Public Library, the Senior Center at Frisco Square and offices for Collin County all call the square home.
City leaders have also doubled-down on the investment, using major city events such as Christmas in the Square, Arts in the Square and Music in the Square to draw area residents to the development throughout the year.