The development partnership behind the $1.8 billion Frisco Station mixed-use development plan is readying to get underway on its first apartment community project.
The 300-unit community, called Station House, will sit within the 242-acre development near the Dallas North Tollway and Warren Parkway with Frisco's much-marketed $5 billion mile. Show Full Story
Work is underway on the 1.8 Billion Frisco Station next to the New Dallas Cowboys headquarters at the Star in Frisco.
With its location near the Dallas Cowboys' world headquarters in Frisco, Station House will bring a new standard of urban living appealing to a range of demographics, said Mark McHenry, managing director of Hillwood Multifamily LP, which is the multifamily division of Hillwood.
"The job growth in this region is creating strong demand for new housing in the Frisco community, and Station House will provide a highly amenitized urban lifestyle product to an area that needs more housing options to meet the growing demand," said McHenry, in a written statement.
The partnership behind the Frisco Station development — Hillwood, The Rudman Partnership and Van Trust Real Estate — has been working on the infrastructure of the proposed project to house residents, visitors and corporate tenants. It also will support a 600-room hotel hub within the project.
The four-story apartment community will include a structured parking garage with stainless steel appliances and LED lighting. Station House will include luxury finishes, including urban mudrooms, a butler's pantry, island kitchens with quartz and granite counter tops, satin-brushed nickel fixtures and 10-foot ceilings.
The community will include private courtyards with a pool area, a fitness center with yoga studio, massage room, coffee bar and wine bar, resident lounge and library, a private dining room, bike repair stations, dog wash and grooming station, game room and terrace lounges for entertaining. Frisco Station also will include a 15-acre park, which will be programmed for residents and visitors.
JHP Architecture/Urban Design is the project architect for the community.
The financing for the project was provided through the Dallas office of Associated Bank. This will be the first time Associated Bank has teamed up with Hillwood on a project in Texas (the second project in the United States).
Station House will be a critical piece of Frisco Station and Associated Bank is excited about the sponsorship of the development, said Kevin Jordan, a senior vice president and market manager for the bank's commercial division.
"We are extremely optimistic that it will become one of the region’s premier urban living communities," he added.
This will be Frisco Station's first apartment community, with up to 2,400 urban-style apartment homes slated for the entire development. It also will sit in the first phase of Frisco Station's 25-acre master-planned park and trail system.
A construction timeline on Station House was not immediately available Wednesday.
Want to see aerials of the construction site from the latest helicopter tour of Frisco Station? Check out the attached slideshow.
Candace covers commercial and residential real estate and sports business.