News Summary
Construction has started on a Whole Foods store at The Mix development in Frisco, Texas, marking a significant step in the $3 billion project. This development, covering 112 acres, will include retail, office, and residential spaces, aiming to create a vibrant community hub. The initial phase features retail and office spaces along with urban residential units and an 8-acre central park. At full build-out, The Mix will accommodate over 2 million square feet of office space and extensive residential options, reflecting the area’s ongoing growth and opportunities.
Construction Underway for Whole Foods Store at The Mix Development in Frisco, Texas
Exciting developments are on the horizon for Frisco, Texas, as construction has officially begun on a Whole Foods grocery store, set to be the anchor retail tenant for the expansive $3 billion project known as The Mix. This large-scale development stretches over 112 acres and aims to reshape the local community with a variety of residential, retail, and office spaces.
Key Features of The Mix Development
The first phase of The Mix broke ground in January 2025, covering approximately 28 acres. This initial phase is designed to include:
- 100,000 total square feet of retail space
- 115,000 square feet of Class A office space
- 635 urban residential units
- Part of an 8-acre central park
Once the entire development is completed, The Mix is expected to offer more than 2 million square feet of Class A office space, alongside 375,000 square feet of upscale retail space. Additionally, it will feature two hotels and over 3 million square feet of residential space, significantly bolstering the amenities available to the Frisco community.
Community Impact and Commitment
The addition of Whole Foods is expected to greatly enhance the lifestyle options available to residents while making a positive impact on the local economy. The head of development for The Mix has emphasized the store’s long-term commitment to the area, having worked towards bringing this grocery option to fruition for over 10 years.
Other Significant Developments in the Area
In addition to The Mix, several other notable construction projects are underway in the Frisco area. One such project is the Horizon Lakes master-planned community, initiated by a Dallas-based developer. This expansive 900-acre community in Rockwall County will eventually include 1,800 homes with pricing ranging from the low $500,000s to $2 million. The initial phase will encompass 1,650 homes and an amenity center by a lake located in McLendon-Chisholm. Agreements have been signed with various builders to ensure the development is ready by 2027.
Project Financing
Development financing for Horizon Lakes is handled by Trez Capital, highlighting the growing interest in the Rockwall area as a desirable living destination.
New Apartment Communities and Urban Development
The construction scene in Frisco continues to buzz with activity. Pennrose, a new apartment community of 382 units, has begun construction and is projected to take two years, with leasing anticipated to start by early 2027.
In a separate but significant development, Palladium USA has initiated construction on Palladium Buckner Station, a $107 million project that will provide 304 apartments, of which 80% will be available below market rate. This initiative underscores the ongoing efforts to enhance affordable housing options in the region.
Community Transactions
In the real estate market, SPI Advisory and FCP have successfully acquired Crest Manor Apartments, a 600-unit community in Lewisville, completing five years of negotiations. This community includes a mix of one-, two-, and three-bedroom units, aligning with the demand for varied housing options in the area.
Leadership Changes in Design and Project Management
Additionally, the architectural firm headquartered in Dallas, Humphreys & Partners Architects, has made notable leadership appointments by naming a new chief architecture officer and promoting a key team member to chief operating officer. Stream Realty Partners has also expanded its team by appointing a senior director of project management in Dallas.
Overall, the construction landscape in Frisco and surrounding areas illustrates a thriving real estate market focused on enhancing community living, offering a range of residential options and commercial spaces that cater to the needs of residents while promoting economic growth.
Deeper Dive: News & Info About This Topic
Additional Resources
- Dallas News: New Construction in Frisco
- Wikipedia: Frisco, Texas
- Culture Map: Frisco’s Top Suburbs
- Google Search: Frisco Texas real estate
- Noreda Real Estate: Frisco Real Estate Market
- Encyclopedia Britannica: Real Estate
- Community Impact: Homes Sold in Frisco
- Google News: Frisco construction
- Realtor.com: Frisco Population Boom
- Google Scholar: Frisco real estate development
