The dream team behind the new PGA headquarters resort gathered in Frisco last night to give an update on the 600-acre development. The invite-only event featured three discussions moderated by Dave Marr III of SirusXM’s PGA Tour Radio. Among the featured speakers: PGA of America CEO Seth Waugh, golf course architects Gil Hanse and Beau Welling, World Golf Hall of Famer Lee Trevino (who was uproariously funny) and his mentor Bill Eschenbrenner, and Bob Rowling, chairman and CEO of TRT Holdings, which owns Omni Hotels. Click to read more at www.dmagazine.com.
The 72-story Bank of America Plaza is the second-tallest building in Texas and one of the five skyscrapers with the most floors west of the Mississippi. The 1.85 million-square-foot Main Street office tower outlined with miles of green lights has been owned since 1998 by Metropolis Investment Holdings, a Chicago-based real estate firm that manages assets for a German family investment group. Click to read more at www.dallasnews.com.
If you live in North Texas, you pretty much worship the Dallas Cowboys, and the team’s most famous quarterback, Roger Staubach. Starting next year, Cowboys fans can live right next door to their dream team’s 91-acre world headquarters and practice facility in Frisco, Texas, about 28 miles north of Dallas. Even better news: the $62.5 million project is being developed through a joint venture with Roger Staubach, one of the most famous players in football history, Cowboys current owner Jerry Jones, and former Cowboys center Robert Shaw, a Dallas-based developer. Click to read more at www.forbes.com.
Billingsley Co. is constructing an addition to International Business Park in Carrollton and Plano that will include five office buildings and a shared amenities center.
Located at 6161 Plano Pkwy., the project is spearheaded by the first building, a speculative, four-story plan that contains office space and the amenities center. The five new buildings will range from 180,000 to 211,000 square feet each, with a total footprint of 967,000 square feet.
According to Billingsley partner Lucy Burns, the new campus will feature private outdoor space for the first-floor tenants, and will come at a cost of less than $25 per square foot. Peloton Commercial Real Estate’s Trevor Franke and Gini Dibrell will be leasing the projects for Billingsley.
Read more at www.dmagazine.com
Frisco City Council approved purchasing a portion of 390 acres on Brinkmann Ranch on Tuesday for the development of park land with athletic fields.
The city is purchasing the land, located on the southwest corner of Panther Creek Parkway and Preston Road, with the Frisco Community Development Corp. The Frisco Economic Development Corp. may also contribute to the purchase of the park land, which will total about $61 million.
Read more at Community Impact Newspaper
A Dallas-based investment firm plans to transform the former Dallas Independent School District headquarters along Ross Avenue from administrative offices into a luxury rental community while saving the architecture of the historical building.
Dallas ISD left the corporate office at 3700 Ross Avenue in downtown Dallas to consolidate into an office building along North Central Expressway, giving the school district a more efficient footprint.
Click to read more at Dallas Business Journal.