IN THE NEWS

Donate to RRF

When major disaster strikes, the REALTORS® Relief Foundation has one goal: help families who have endured unimaginable loss. The REALTORS® Relief Foundation is currently coordinating efforts for relief in the gulf coast cities and in the greater Houston, Texas, area due to unprecedented flooding left by Hurricane Harvey. Contributions The REALTORS® Relief Foundation welcomes contributions—not only in times of disaster, but at any time throughout the year—and 100% of all funds collected go to disaster relief causes. Online — via credit card Use this secure online form to make a contribution. By mail — via check Make checks payable to: REALTORS® Relief Foundation 430 N. Michigan Avenue Chica

Frisco ranks as top U.S. real estate market followed by 4 nearby suburbs

Frisco has ranked as this year's best real estate market in the United States, followed by four neighboring North Texas suburbs, according to a WalletHub study. The ranking compares 300 cities across 21 metrics ranking from job growth to median home price appreciation to home sales turnover rate. So, why has Frisco landed the country's top spot? The flourishing city is simply outbuilding the rest of the country, said WalletHub Analyst Jill Gonzalez. "Over 10 percent of its homes are new (built between 2010 and 2015), which is one of the highest shares in the country," Gonzalez said. "It also has the highest number of building permits at nearly 40 per every 1,000 residents." Show Full Story F

Inside this $100M luxury condo project near Frisco's '$5 Billion Mile'

Construction has started on a new $100 million luxury condominium development in Frisco's exclusive Stonebriar neighborhood, which sits near the city's much-marketed '$5 Billion Mile.' The 121-home, single-story flats, called The Corvalla, is being built by Dallas-based Robert Elliott Custom Homes and Canada-based Western Securities Limited within 100 yards of The Westin Stonebriar Hotel & Golf Club. Show Full Story Stocker Hoesterey Montenegro in collaboration with Robert Elliott. The three-story, 121-unit condominium development in Frisco is expected to cost more than $100 million to develop. Courtesy of Robert Elliott Construction has gotten underway on The Corvalla's development site nea

High-profile parcel in Plano's Legacy Business Park getting high-rise office, hotel

One of Plano's founding families has decided to convert a high-profile parcel at the Dallas North Tollway and Spring Creek Parkway in Plano's Legacy Business Park into a high-rise mixed-use development. The Baccus family, in a partnership with Dallas-based Provident Realty Advisors, will begin construction early next year on land they've owned since the mid-1800s to transform it into a high-rise, mixed-use development. The 37-acre mixed-use developer at the Dallas North Tollway and Spring Creek Parkway will include three office building, up to 100,000 square feet of retail space and a 200-room hotel. This development, called The Legacy at Spring Creek, is a chance for the longtime Plano fami

25-YEAR ECONOMIC IMPACT STUDY SHOWS SALES TAX USED TO FUND ECONOMIC DEVELOPMENT RESULTS IN STRONG &#

$31.1 billion is the cumulative economic impact of the projects facilitated by the Frisco Economic Development Corporation (FEDC) during its first 25 years in operation. That’s one of the key findings to come out of a recent, independent economic impact study of the FEDC. The study covers the first 25 years of the FEDC, from 1991 to 2015. Show Full Story Insight Research Corporation conducted the study during 2016 and 2017 and found the City of Frisco’s use of a half-cent of sales tax to fund economic development has proven to be a powerful tool to help grow the city’s tax base and to facilitate job creation. The FEDC is funded by a portion of the City’s sales tax, not property tax. The FEDC

Grand Park vision could come to life in 2018 Future plans could add more acreage, extend the park e

Across the street from Legacy Christian Academy, Grand Park is planned to cover at least 350 acres. (Tony Corso images/Community Impact Newspaper) Frisco Mayor Jeff Cheney said he considered Grand Park such an important asset to the city that he first ran for Frisco City Council to be a part of it. That was 10 years ago. Show Full Story Since then, the country has fallen into and come out of a recession, Cheney was termed off from City Council and Grand Park became what he called an “urban legend.” For years, City Council has pinpointed Grand Park as a top priority for the city. Now that Cheney is mayor, he has set a goal to break ground on the first phase of development in 2018 and said th

Official: Performing arts center could bring significant economic value to Frisco

A Frisco performing arts center has been in discussions for many years, and Hall Park developer Craig Hall said he is considering entering a public-private agreement with the city of Frisco to make the center a reality. Frisco has more than 30 arts organizations, and Hall said he envisions an arts center that would be accessible for Frisco residents and arts groups that are looking for a home to perform. Show Full Story “I think it’s really important [that the center] serve the local groups of Frisco, and the details of all that depend on what the city wants and what the organizations want,” Hall said. “I don’t think [the center] has a chance if the organizations aren’t involved.” Frisco Ar

Frisco Cinemark theater will kick off construction at the tollway and U.S. 380

Four years after announcing the project, Cinemark is moving forward with plans for a big movie theater and retail complex on the Dallas North Tollway in Frisco. The almost 12-acre project would be on the vacant southwest corner of the tollway and U.S. Highway 380. Cinemark plans to build a 10-screen theater and two retail buildings with 13,000 square feet in the development, according to plans filed with the city. It would be the first Frisco construction at the busy intersection of U.S. 380 and the tollway. With growth pushing north along the tollway corridor, several new retail projects are in the works along U.S. 380. "We are happy to see plans are moving forward for Cinemark to develop a

See inside the Cowboys-themed hotel driving business travelers to Frisco

As Frisco businesses have built up a demand for luxury lodgings, Dallas-based Omni Hotels & Resorts has answered the call with the 16-story, 300-room Omni Frisco Hotel. After nearly two years of construction, the facility opened last week at 11 Cowboys Way, inside The Star development and adjacent to the Ford Center, the Dallas Cowboys’ practice facility. Show Full Story Jake Dean The 16-story Omni Frisco Hotel is currently the tallest building in Frisco. Jake Dean Jeff Smith is the hotel;s general manager Jake Dean The hotel features 300 guest rooms, including three presidential suites and 24 luxury suites. Jake Dean The lobby bar features modern coffee dispensers. In the evenings, the b

Former Frisco Mayor Maher Maso joins Prosper Economic Development Corp.

Former Frisco Mayor Maher Maso has been hired by the Prosper Economic Development Corp. as the new director. Maso’s start date was July 19. Maso was the mayor of Frisco for nine years and was term limited this year. He is also a former member of the Frisco Economic Development Corp. board of directors. Show Full Story As mayor, Maso said he saw Frisco and Prosper partner on a number of key issues in the past, and he sees the two cities helping each other with economic development. “Frisco and Prosper have partnered on water issues, on technology issues, roadways, and those aren’t always on the forefront where everybody gets to see them,” he said. “But the reality is all of us depend on each

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