The developer behind Wade Park — a massive mixed-use development in Frisco — has expanded the project's plans by 65 acres, bringing more office space to the growing city.
Georgia-based developer Thomas Land & Development LLC started on Wade Park in a groundbreaking ceremony Wednesday morning on the 175-acre mixed-used development at the Dallas North Tollway and Lebanon Road. The project seemingly ballooned overnight from its original 110-acre design.
With the acquisition of the additional land beyond the original acreage, the development will be able to eventually expand to 175 acres to increase the office space planned for the site, said Stan Thomas, president and CEO of Thomas Land & Development.
Thomas also plans to develop 1,300 apartments, 50 condominiums and 127 single-family homes with luxury amenities and concierge services.
To date, Frisco doesn't have a live-work-play center like this one in the city, and Wade Park will help launch the next phase of Frisco, said Tony Felker, president and CEO of the Frisco Chamber of Commerce. The initial phase of Wade Park is scheduled to open in spring 2016.
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