Hunt Realty will master-develop the large,
mixed-use planned development, alongside the Karahan Cos., led by
Fehmi Karahan, who developed much of Plano’s Legacy area.
Anticipated development in Frisco will include
commercial, office, retail, single-family and multifamily residential, and education, amongst other potential uses, Hunt Realty said in a news release.
Development is expected to
begin in 2019.
"I look forward to working with the team and the city of Frisco on this iconic tract.,” Karahan said in a statement. “Despite its prime high-growth location, it is as though this jewel has been preserved for
something extraordinary, and that's what we hope to create.”
Frisco Mayor Jeff Cheney said the land features
elevation changes, rolling terrain and creek corridors. He called it “some of the most beautiful, unique landscape in our city.”
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