Fields (Frisco, Texas) Explained

Fields
Settlement Type:Planned community
Mapsize:200px
Subdivision Type:Country
Subdivision Name:United States
Subdivision Type1:State
Subdivision Name1:Texas
Subdivision Type2:County
Subdivision Name2:Collin, Denton
Unit Pref:Imperial
Area Total Sq Mi:2,544
Area Land Sq Mi:2,514
Area Water Sq Mi:30
Timezone:Central (CST)
Utc Offset:-6
Timezone Dst:CDT
Utc Offset Dst:-5
Elevation M:183
Elevation Ft:600
Coordinates:33.2002°N -96.8431°W
Postal Code Type:ZIP code
Postal Code:75034, 75035
Area Code:214, 469, 972

Fields is an announced planned community in Frisco, Texas, situated on a 2,544-acre site along the Dallas North Tollway, Preston Road, and US 380.[1] Along with housing, office and retail space, parks and a hotel, within Fields will be the new home of PGA of America's headquarters, and the Frisco campus for the University of North Texas.

Background

In August 2018, it was reported that a partnership including Hunt Realty Investments and The Karahan Companies acquired what was then known as Headquarters Ranch, a 2,544-acre site on the northern edge of Frisco, from the estate of Frisco banker Bert Fields, Jr.[1] [2] [3] The project is named after the Fields family, longtime owners of the land.[2] Hunt Realty Investments and The Karahan Companies will develop the land. The development is expected to cost upwards of $12.7 billion.[4]

Fields is being planned with more than 10,000 homes, at least 12 neighborhood parks on 72 acres, and some 18 million square feet of commercial space, including a major office center, a retail village, two golf courses, parks, trails, and other recreation spaces, and a 500-room Omni hotel.[5] It has been projected that 30,000 people could eventually work at Fields.[6] [7] The rezoning of the land was approved on February 25, 2020.

PGA of America headquarters

In April 2018, it was reported that the Professional Golfers' Association of America was planning to move its national headquarters from Palm Beach Gardens, Florida.[8] The deal was finalized in December 2018, and PGA of America officially announced they would be relocating their headquarters to Frisco.[9] [10] The 600-acre development will include two championship golf courses, a short course, practice areas totaling 45 holes, a clubhouse, and an Omni hotel. The golf courses are expected to open in the summer of 2022, and the development will host the KitchenAid Senior PGA Championship in 2023.[9] [11] [12] [13] As home of the PGA, Frisco would host 23 professional golf tournaments in its first 12 years in operation, including the 2027 and 2034 PGA Championships and the Ryder Cup.[14] [15]

University of North Texas branch

Fields will include a branch of the University of North Texas, with student housing on the development. The campus could be as large as 150,000 square feet, with a student population of 3,000. The first part of the campus at Fields is anticipated to be ready by the end of 2022, with the first building structure, a parking lot, bell tower, amphitheater, and a pavilion.[13] [16] [17]

See also

Notes and References

  1. News: Jensen . Jeremiah . CRE Awards Finalists: Best Land Sale . 6 April 2020 . D Magazine . 11 March 2019.
  2. News: Brown . Steve . Frisco's new Fields community will be the next top address for company moves . 6 April 2020 . Dallas Morning News . 1 July 2019.
  3. News: Carlisle . Candace . Prominent Frisco banker dies; leaves thousands of acres of land worth millions . 6 April 2020 . Dallas Business Journal . 15 January 2015.
  4. News: Brown . Steve . First look: Frisco's 2,500-acre Fields development will have a new city center and thousands of homes . 6 April 2020 . Dallas Morning News . 24 June 2019.
  5. News: Zoga . Diana . New Development Would Change How Frisco Believed it Would Grow . 6 April 2020 . NBC DFW . 27 June 2019.
  6. News: Brown . Steve . Frisco's new Fields community will be the next top address for company moves . 6 April 2020 . Dallas Morning News . 1 July 2019.
  7. News: Roark . Chris . Frisco moves ahead with 2,100-acre Fields project . 6 April 2020 . Frisco Enterprise . 26 February 2020.
  8. News: Shedloski . Dave . The PGA of America's Next Big Move . 5 April 2020 . Golf Digest . 1 May 2018.
  9. News: PGA of America relocating headquarters to Frisco as part of innovative public-private partnership . 5 April 2020 . PGA.com . 4 December 2018.
  10. News: Russell . Ben . PGA of America Plans 'Future in Frisco' . 5 April 2020 . NBC DFW . 22 April 2019.
  11. News: Silvestri . Rebecca . PGA relocating headquarters to Frisco . 5 April 2020 . Local Profile . 4 December 2018.
  12. News: Trahan . Joe . Frisco finalizes deal to bring the PGA of America headquarters to North Texas . 5 April 2020 . WFAA . 4 December 2018.
  13. News: Addison . Brandi . Frisco City Council approves rezoning of Fields property, home of PGA headquarters, new Omni hotel . 5 April 2020 . Dallas Morning News . 4 March 2020.
  14. News: Juarez Monsivais . Lindsey . PGA of America could move headquarters to Fields property in Frisco . 5 April 2020 . Community Impact . 30 November 2018.
  15. News: Stricklin . Art . Texas to host majors, perhaps Ryder Cup with PGA of America's move to Lone Star State . 7 April 2020 . Golf Magazine . 5 December 2018.
  16. News: Ucles . Elizabeth . Frisco P&Z vote on Fields property called 'most complicated zoning case in history' . 5 April 2020 . Community Impact . 26 February 2020.
  17. News: Ucles . Elizabeth . UNT Frisco master plan projects 'unusually short' timeline, potential Fields development collaboration . 5 April 2020 . Community Impact . 17 August 2019.