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The Preserve and Brookside residential communities serve as the backdrop for the Fields Ranch East golf course in Frisco.<\/p>\n
El\u00edas Valverde II\/Staff Photographer<\/p>\n
The team behind some of Dallas-Fort Worth\u2019s biggest corporate campuses is looking to build one of the largest office hubs the region has ever seen. If all goes according to plan, Frisco could become a top contender for the next region-defining business relocation.<\/p>\n
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Developer Fehmi Karahan<\/a> and KDC plan to develop 11 million square feet of custom office space within the $10 billion, 2,545-acre Fields development in Frisco, the group told The Dallas Morning News. Companies looking to relocate to the site would be offered everything from midrise campuses to trophy towers.<\/p>\n The site could bring the next Fortune 50 company to the region, embedding it within a megadevelopment that includes multimillion-dollar homes, the Universal Kids resort <\/a>and the PGA of America headquarters, Omni PGA Frisco Resort & Spa and more.<\/p>\n Article continues below this ad<\/p>\n The end result could be one of the largest office developments in\u00a0D-FW, rivaling the 15 million-square-foot Legacy Business Park and its offshoots, the partners said. The 11 million square feet of office space in the Fields would be equal to more than 17 football fields.<\/p>\n \u201cThere aren\u2019t many 100-acre or 200-acre parcels left in Legacy and other [sites]. We can do a 200-acre campus [at Fields] if there\u2019s a larger user,\u201d Karahan said. \u201cThe new company coming \u2014 the next Boeing, the next Caterpillar \u2014 is going to \u2026 look at the talent, look at the education and look at the housing and say this is where most of the people we want to hire live.\u201d<\/p>\n Karahan and KDC already have the track record to back up the vision. The partnership was behind major corporate moves to Legacy West \u00a0\u2014 Toyota\u2019s North American headquarters and major hubs for JPMorgan Chase, Liberty Mutual and FedEx.<\/p>\n KDC has established itself as one of the region\u2019s premier headquarters specialists. The group is developing AT&T\u2019s billion-dollar headquarters<\/a> at 5400 Legacy Drive in Plano. Demolition of the former EDS campus began earlier this year, and construction of the new buildings is expected to start soon.<\/p>\n Real estate developer Fehmi Karahan points out key areas of the Fields development master plan.<\/p>\n El\u00edas Valverde II\/Staff Photographer<\/p>\n \u201cThis is getting the band back together,\u201d said KDC president Eric Hage. \u201cWe think Fields is the next frontier.\u201d<\/p>\n Article continues below this ad<\/p>\n The partners will have plenty of room to work with in Frisco.<\/p>\n They\u2019ll have nearly 700 acres to offer, larger than their previous projects. The area is zoned for any office use and much of it is along the Dallas North Tollway frontage road. KDC will market the land to companies looking to expand or relocate in the Dallas area.<\/p>\n KDC is in the early stages of marketing the property to companies. Hage estimates that office construction could start at Fields sometime in 2027.\u00a0Neither party disclosed which companies might be eyeing the Frisco site for a new project. However, Hage said the site could host a range of users.<\/p>\n \u201cWe are going to see companies that are looking for sizes that are significant, 1 million square feet plus,\u201d he said. \u201cWe\u2019re also going to see companies looking for 100,000 square feet. \u2026 The beauty of Fields is the flexibility.\u201d<\/p>\n Another appeal are the amenities and ongoing development that would welcome companies and their employees, the group said.<\/p>\n Article continues below this ad<\/p>\n Fields West, a pedestrian-friendly, mixed-use project within the larger development, has 44 leases signed with retailers and restaurants. The segment will include 360,000 square feet of shopping, dining and entertainment. The recent agreements bring the site to 75% preleased.\u00a0<\/p>\n<\/p>\n