Hall Group Begins Work on a $7B Reimagining of Frisco’s Hall Park » Dallas Innovates
A view of part of the indoor park as it looks today before the new development was added [Photo: Hall Group]
Hall Park in Frisco is quite an attraction. The 162-acre office park features the renowned Texas Sculpture Garden, tree-lined water features and fountains, an art café, five kilometers of walking and jogging trails, as well as an event space and an amphitheater – all directly across from The Star, Dallas headquarters for the cowboys.
Now imagine what $ 7 billion could do with it.
Dallas-based developer Park Group has embarked on a $ 7 billion redevelopment of Hall Park, reports the Dallas Morning News, with plans to expand Frisco’s largest workforce location – which employs over 10,000 people – by more than 9 million Use square feet of mixed supplements.
“We started working on it around 2017,” said Craig Hall, founder and chairman of the Park Group, the DMN. “We came to the conclusion that office parks go the same way as shopping malls.”
“Office parks are not the right place for the needs of the future over time,” added Hall. “We spent a lot of time, effort, energy and money redesigning Hall Park and improving our game to make sure we thought of everything to make it mixed and walkable.”
Craig Hall, Founder and Chairman of the Hall Group [Photo: Hall Group]
Phase 1 is a $ 500 million mixed-use development
The Hall Group has started building phase 1 of the renovation. The initial $ 500 million mixed-use project is across Warren Parkway from the Cowboys’ Star development, reports the DMN, replacing two office buildings that were demolished to clear the way.
New office tower, boutique hotel, residential building, food hall – and a park
Included in the Hall Park development: a 16-story office tower, a 19-story apartment building, a 154-room boutique hotel and a large food hall. All new buildings will have a view of a new community park which is part of the project.
Design changes address a changed world after COVID
When the Hall group first made plans for the project, it was before the pandemic. Since then, the whole world has changed – especially the way people think about the office and how they want to work and live now.
So, to some extent, the company’s design teams went back to the drawing board and made changes to make the new buildings more healthy and open.
“We believe that future tenants will be much more oriented in this direction,” Hall told DMN. “We build two balconies for each office floor to go outside.”
“We also have two large decks on the convenience level that overlook the park,” he added. “We have enlarged the balconies in the house.”
Hall informed the DMN that the apartment tower will provide tenants with workspaces and meeting rooms, creating a hybrid WFM situation right under their own roof.
A $ 114 million performing arts center is also in the works
The city of Frisco – along with its school district and large private donors – plans to build a $ 114 million performing arts center next to the new park, the DMN adds.
The development was designed by Dallas’ HKS, Merriman Anderson Architects, WDG Architecture and OJB Landscape Architecture, reports the DMN, with Andres Construction and Austin Commercial serving as general contractors for the project.
Come on the list.
Dallas innovates every day.
Sign up to keep an eye on Dallas-Fort Worth news and updates every day.
CONTINUE READING
-
The Water Cooler in Pegasus Park – the largest nonprofit communal space in Texas – is a place designed together to accelerate the impact. From Big Thought to SVP Dallas to The Trust for Public Land, the 15 “exceptional non-profit organizations” were selected after an application process last summer. They will join the five founding tenants of Water Cooler.
-
Hall Technologies is moving to DFW from California as part of a major growth plan following a major rebranding and introduction of next-generation professional audiovisual solutions. CEO Jason Schwartz says “Texas ticked all the boxes.”
-
As part of PGA Frisco’s $ 500M + Silicon Valley of Golf, championship-level golf courses will feature a Gil Hanse-designed East Course ready for marquee PGA tournaments. Designed by Beau Welling, the West Course is designed for smaller tournaments, PGA of America members, and everyday public duffers.
-
As needs skyrocketed during the pandemic, the nonprofit community service organization turned to drive-through and virtual formats to help needy neighbors.
-
VC entrepreneur Joe Beard and financier Joel Radtke co-founded the new fintech in order to solve a “massive problem” in lending to medium-sized companies. CollateralEdge aims to help municipal and regional banks overcome security vulnerabilities, improve credit risk management, and foster profitable, long-term customer relationships. Capital partners include VC firm Perot Jain, Capital Factory CEO Josh Baer, and Kneeland Youngblood, founding partner of Pharos Capital Group.
[ad_1]