News Summary
Construction has started on a Whole Foods store at The Mix development in Frisco, Texas, marking a significant step in the $3 billion project. This development, covering 112 acres, will include retail, office, and residential spaces, aiming to create a vibrant community hub. The initial phase features retail and office spaces along with urban residential units and an 8-acre central park. At full build-out, The Mix will accommodate over 2 million square feet of office space and extensive residential options, reflecting the area’s ongoing growth and opportunities.
Construction Begins on Whole Foods Store at The Mix Development in Frisco, Texas
Construction has officially started on a new Whole Foods grocery store at The Mix, a transformative development project in Frisco, Texas. This store will serve as the anchor retail tenant for this expansive project, which aims to provide a comprehensive blend of residential, commercial, and recreational spaces.
The Mix is a massive investment, valued at $3 billion and spanning over 112 acres in Frisco. With the first phase of this ambitious development having broken ground in January 2025, it covers 28 acres and promises to reshape the landscape of the area significantly. The initial phase includes plans for approximately 100,000 total square feet of retail space, alongside 115,000 square feet of Class A office space and 635 urban residential units. Additionally, a central park occupying eight acres will provide a green space to enhance community living.
Future Growth Plans
As The Mix continues its development, the plans for full build-out are impressive. Expected features will include over 2 million square feet of Class A office space and 375,000 square feet of upscale retail space. The project will also introduce two hotels and more than 3 million square feet of residential space, catering to the increasing demand for both living and working spaces in the region.
Tim Campbell, who oversees the development of The Mix, has highlighted the dedication of Whole Foods to the site, marking a commitment that spans over a decade. The inclusion of Whole Foods is anticipated to draw more residents and visitors to the area, promoting economic vitality and a sense of community.
Other Developments in the Dallas Area
In related construction news, a Dallas-based developer has launched a significant 900-acre master-planned community named Horizon Lakes in Rockwall County. This initial phase will consist of 1,650 homes alongside an amenity center by a scenic lake in McLendon-Chisholm. Agreements have been established with builders such as CastleRock Communities, Pulte Homes, and Toll Brothers, indicating all parties’ commitment to delivering lots by 2027. Financing for this large-scale undertaking has been secured through Trez Capital. When entirely developed, Horizon Lakes is expected to feature 1,800 homes, with prices ranging from the low $500,000s to $2 million, catering to a wide range of potential buyers.
In Fort Worth, a full city block located at 801 and 811 Calhoun Street is currently up for sale. This block is strategically positioned near the new Texas A&M Law and Research Campus and the anticipated expansion of the Fort Worth Convention Center, indicating a potential hot spot for future development.
New Residential Projects
Meanwhile, in Frisco, Rosewood Property Group and MetLife Investment Management have broken ground on a new residential community called Penrose. This project will introduce 382 apartments, with projections indicating that construction will take approximately two years. Leasing is expected to commence in early 2027.
Another notable development is underway with Palladium USA starting construction on Palladium Buckner Station. This $107 million investment will provide 304 apartments, with 80% of the units designated below market rate, ensuring more affordable housing options in the area.
Additionally, SPI Advisory and FCP have successfully acquired Crest Manor Apartments, a community comprising 600 units in Lewisville, through a lengthy, five-year negotiation. This development will include various options for tenants, featuring one-, two-, and three-bedroom units to cater to different family sizes and budgets.
Leadership Changes
In the realm of architecture and project management, Dallas-based Humphreys & Partners Architects announced the appointment of Robin Bellerby as the chief architecture officer and the promotion of Brad Tillett to chief operating officer. Furthermore, Stream Realty Partners has added Tom Boyer as a senior director of project management in Dallas, aiming to enhance their project delivery and management capacity as these developments unfold.
With numerous construction projects emerging in the Frisco and Dallas areas, the promise of growth is evident, illustrating a dynamic and evolving landscape in North Texas.
Deeper Dive: News & Info About This Topic
Additional Resources
- Dallas News: New Construction in Frisco
- Wikipedia: Frisco, Texas
- Culture Map: Frisco’s Top Suburbs
- Google Search: Frisco Texas real estate
- Noreda Real Estate: Frisco Real Estate Market
- Encyclopedia Britannica: Real Estate
- Community Impact: Homes Sold in Frisco
- Google News: Frisco construction
- Realtor.com: Frisco Population Boom
- Google Scholar: Frisco real estate development
Author: Construction NY News
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