HALL Group announced its grand master plan to build the largest employment center in Frisco’s Office Park of area according to a Dallas Morning News article from October 28 which says,
“Dallas developer Hall Group is kicking off a $7 billion redevelopment of the company’s 162-acre Frisco office park.
Located at the Dallas North Tollway and Gaylord Parkway, Hall Park was started in the 1990s and includes more than 2 million square feet of offices in more than a dozen buildings. It’s Frisco’s largest office employment center with more than 10,000 workers.
Ever since 1998, HALL Group has been dedicating itself for the development of Frisco, making Frisco Major Cheney recognize their chairman’s ability to take the risk for change according to a Community Impact article from October 28 which says,
Craig Hall, founder and chairman of Hall Group, said much has changed since opening the first office building at Hall Park in 1998.
Craig Hall is one of Frisco’s first visionaries,” Frisco Mayor Jeff Cheney said in the release. “He develops like few dare. In the case of Hall Park, he tore down two buildings to make way for a greater use, incorporating lifestyle elements as well as first-class office space and a future, special place for the performing arts in Frisco.
“His investment in Frisco has helped grow the corporate presence in our city and will continue to impact Frisco for decades,” Cheney stated.
With $7 billion dollar on the line, Hall will be utilizing the most efficient strategies and advanced technologies to develop more than just parks and centers for community engagement according to a CultureMap Dallas article from October 28 which observes,
According to Hall, the new masterplan will showcase some of the most progressive wellness technologies and sustainability practices available, along with spaces for community engagement, including the park and a future performing arts center.
The new construction will include:
- new Class AAA office tower
- 154-key boutique hotel
- 19-story luxury residential tower
- 60 executive suites
- a 10,000-square-foot food hall, all surrounding a programmed community park.
While many are still unaware of the newly revealed grand master plan, Hall has already started his development and initiated the construction of a $500 million mixed-use project for the very first addition to the grand master plan.